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)