WELLFIELD TECHNOLOGIE INC - WFLDF STOCK NEWS

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Wellfield Technologies Inc. (WFLD) is a leading fintech company specializing in innovative solutions that leverage blockchain technology for consumers and institutions. The company operates Coinmama, a retail platform providing seamless access to the cryptocurrency market for over 3.8 million users across 180 countries. Wellfield also runs Tradewind Markets, offering real-world-asset tokenization with VaultChain™ Gold and VaultChain™ Silver, backed by physical metal custodied with the Royal Canadian Mint. With a focus on DeFi initiatives, Wellfield recently launched wGLD on the Optimism blockchain, paving the way for an open and liquid DeFi gold ecosystem. As the company strives to empower the DeFi community by merging physical gold with decentralized finance, stakeholders can expect ongoing development, growth, and exciting opportunities ahead.

05/09/2024 09:15 AM

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Wellfield Technologies Advances DeFi Leadership with Strategic Innovations and Reinforces its Positioning and Value Proposition

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Wellfield Technologies Inc. (TSXV: WFLD) is making significant progress in the decentralized finance sector by solidifying its position through strategic collaborations and technological innovations. The company's Coinmama platform is becoming a premier destination for DeFi services with the recent launch of decentralized trading. Wellfield is also advancing innovative protocols like LiquiFy and Bitcoin-DeFi, while leveraging partnerships with Fireblocks to enhance digital asset management. These efforts aim to enhance user experience, accessibility, and security in the DeFi space.

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04/23/2024 04:00 PM

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Wellfield Updates on Bitcoin Halving and Provides Corporate Update

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Wellfield Technologies Inc. provides an update on the recent Bitcoin halving event, highlighting the potential impact on the cryptocurrency market and the company's positioning for growth in decentralized finance. The CEO, Levy Cohen, expresses confidence in Bitcoin's future and the company's innovative DeFi technology. Additionally, the company announces a Debt Settlement plan to address outstanding indebtedness through the issuance of common shares.

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04/04/2024 09:10 AM

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Wellfield Technologies: Transforming Institutional and DeFi Gold Investing

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Wellfield Technologies Inc. (TSXV: WFLD) introduces two innovative gold ecosystems, VaultChain Gold and wGLD, targeting institutional investors and the DeFi community. VaultChain Gold offers a secure trading platform for Royal Canadian Mint clients, while wGLD on Ethereum facilitates decentralized gold access. This strategic move aims to reshape the gold investing landscape.

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03/28/2024 08:30 AM

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Wellfield Announces wGLD: Digital Gold Now Available on Blockchain

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Wellfield Technologies Inc. announces the launch of wGLD, a DeFi gold ecosystem on Ethereum, aiming to connect to decentralized trading, lending, borrowing, and yield-generation opportunities. The company plans to establish two blockchain-based gold ecosystems, wGLD for the DeFi community on Ethereum and VaultChain Gold on the Tradewind Ledger. CEO Levy Cohen emphasizes the goal of empowering the DeFi community by merging physical gold with decentralized finance.

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03/26/2024 08:30 AM

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Wellfield Announces Strategic DeFi Layer 2 Initiatives on Optimism

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Wellfield Technologies Inc. announces significant developments within the Optimism ecosystem, including the launch of a tokenized gold ecosystem, upgrade of the Tradewind Ledger, Coinmama's self-custody wallet, and innovative DeFi protocols. CEO Levy Cohen expresses confidence in Optimism's scalability and user experience, aligning with Wellfield's mission to make DeFi accessible for all.

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03/20/2024 08:30 AM

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Wellfield and Paybis Forge Partnership to Intensify Coinmama's Capabilities

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Wellfield Technologies Inc. announces a strategic partnership with Paybis to enhance Coinmama's operational capabilities by expanding DeFi offerings and introducing a new self-custody Mobile App. The partnership aims to support Coinmama's customer onboarding process and meet evolving regulatory demands across geographies.

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03/18/2024 08:30 AM

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Wellfield Updates on Positive Impact of Ethereum's Dencun Upgrade

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Wellfield Technologies Inc. (TSXV: WFLD) is optimistic about Ethereum's recent upgrades aimed at improving scalability and reducing transaction fees. The company sees Rollups as a strong foundation for its decentralized finance products, including Coinmama's new DeFi offering and the upcoming Coinmama self-custody Mobile App. Ethereum's shift to Proof-of-Stake and the introduction of Dencun upgrade are seen as positive steps towards enhancing Wellfield's brands and platforms.

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03/15/2024 08:30 AM

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Wellfield Launches New Decentralized Finance Services on Coinmama.com

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Coinmama, a trusted brand with 3.8M users, introduces decentralized trading for digital assets on Coinmama.com, connecting users to popular DeFi markets. Wellfield Technologies Inc. (TSXV: WFLD) announces this launch, aiming to simplify access to DeFi while ensuring security and ease of use.

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03/01/2024 08:30 AM

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Wellfield Technologies, Inc. Reports Q3 Financial Results

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Wellfield Technologies Inc. releases unaudited financial results for Q3 2023. Gross margins at $0.92 million, cash and receivables at $0.86 million, and a net loss of $0.02 per share. CEO Levy Cohen highlights industry shifts towards cryptocurrencies and blockchain technology.

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02/29/2024 07:15 AM

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Wellfield Updates on Its Bitcoin-DeFi Strategy and Patent Status

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Wellfield Technologies Inc. (TSXV: WFLD) announces progress in patent application for Bitcoin DeFi solution, unlocking new possibilities for decentralized finance. CEO Levy Cohen highlights the potential to integrate Bitcoin's value into DeFi applications, marking a significant milestone in Wellfield's journey.

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FAQ

What is the current stock price of WELLFIELD TECHNOLOGIE (WFLDF)?

The current stock price of WELLFIELD TECHNOLOGIE (WFLDF) is $0.0209 as of October 15, 2024.

What is the market cap of WELLFIELD TECHNOLOGIE (WFLDF)?

The market cap of WELLFIELD TECHNOLOGIE (WFLDF) is approximately 3.8M.

What is Wellfield Technologies Inc. known for?

Wellfield Technologies is a fintech company specializing in blockchain solutions, including Coinmama and Tradewind Markets.

What are the key products offered by Wellfield Technologies?

Wellfield Technologies offers VaultChain™ Gold, VaultChain™ Silver, and wGLD for the DeFi community on the Optimism blockchain.

What recent achievement did Wellfield Technologies announce?

Wellfield Technologies recently launched wGLD on the Optimism blockchain, marking a significant milestone in their mission to empower the DeFi community.

How does Wellfield Technologies aim to merge physical gold with decentralized finance?

Wellfield Technologies aims to make physical gold more accessible, affordable, and profitable in its digital form through the merging of physical gold with decentralized finance.

What are some of the ongoing initiatives at Wellfield Technologies?

Wellfield Technologies is focusing on growth and launching DeFi protocols that connect wGLD to trading, lending, borrowing, and yield-generation opportunities.

How does Wellfield Technologies plan to establish gold ecosystems tailored to distinct investing communities?

Wellfield Technologies plans to establish wGLD as a global and open gold ecosystem for the DeFi community on Ethereum and VaultChain Gold on the Tradewind Ledger for Custodial Participants of the Royal Canadian Mint.

Who is the CEO of Wellfield Technologies?

Levy Cohen is the CEO of Wellfield Technologies and has been leading the company in its mission to empower the DeFi community.

Where can individuals find more information about Wellfield Technologies?

For more details about Wellfield Technologies, visit their website at wellfield.io and join their digital community on LinkedIn and Twitter.

What are the plans regarding recent debt settlement through share issuances?

Wellfield Technologies plans to settle an aggregate debt of $171,898.97 through the issuance of 2,864,983 Common Shares at a deemed price of $0.06 per Share, subject to the final approval of the TSX Venture Exchange.

What are some future considerations for Wellfield Technologies' investments?

While the Common Shares held by Cohen are for investment purposes, future evaluations of investments in the Issuer may include factors such as financial position, price levels, market conditions, and business or financial conditions.