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WonderFi Technologies Inc T.WNDR

Alternate Symbol(s):  WONDF

WonderFi Technologies Inc. provides crypto trading platform in Canada. It also provides centralized and decentralized financial services and products. Its segments include Trading, Payments and Corporate. Its brands include Bitbuy, Coinsquare, SmartPay, and Tetra Trust. Its product is WonderFi Labs. It is also developing two new products, including WonderFi L2 and WonderFi Wallet. WonderFi Labs develops, incubates and invests in centralized and EVM-compatible decentralized products and protocols that have a global reach. Bitbuy is Canada and APAC's regulated cryptocurrency platform catering to the advanced trader, institutions and corporate client. Coinsquare provides customers with a proprietary platform engineered to deliver a robust, secure and intelligent interface for trading digital assets. SmartPay is a digital asset payment processing platform. Tetra is redefining the standard of digital asset custody in Canada, pioneering secure, regulated, and versatile solutions.


TSX:WNDR - Post by User

Post by Betteryear2on Feb 26, 2024 9:41am
215 Views
Post# 35898793

WonderFi Generates $8.8M of Solana from Investment

WonderFi Generates $8.8M of Solana from Investment
  • Successful investment generated 61,720 of unrestricted Solana, realizing a profit of $6.7M to be recognized in Q4 2023.
  • Coinsquare now provides staking for Ethereum, Solana, Cardano and 4 other leading proof-of-stake cryptocurrencies and follows the successful launch in 2022 of staking on WonderFi's other registered crypto trading platform Bitbuy.
  • WonderFi will support the product launch by staking a portion of the Solana from its successful investment.

Toronto, Ontario--(Newsfile Corp. - February 26, 2024) - WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (the "Company" or "WonderFi"), Canada's leading operator of regulated crypto trading platforms and other digital asset businesses, is pleased to announce that it has generated net proceeds of 61,720 unrestricted Solana relating to certain investments, while its subsidiary Coinsquare has launched an extensive offering of crypto staking services in Canada that has seen over $3.5M staked in the first days of the launch.

WonderFi Generates $8.8M of Solana from Investment, While Coinsquare Launches Long Anticipated Crypto Staking (newsfilecorp.com)

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