Bitbuy APAC is Now Live in Australia
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) has announced the official launch of its subsidiary Bitbuy APAC in the Asia-Pacific region. Bitbuy completed its first international crypto trade following WonderFi's acquisition of Australian-based FX Institutions Pty. in March 2024. The company has established a local team in Melbourne and plans further expansion.
WonderFi also announced a strategic marketing partnership with Kogan.com (ASX:KGN), a leading Australian e-commerce platform. Kogan FIRST members will receive exclusive promotions from Bitbuy, and Kogan will promote Bitbuy across its marketing channels. To celebrate the partnership, Kogan made the first Bitcoin purchase through Bitbuy APAC for its corporate treasury.
Bitbuy's OTC division is now open for customers across the APAC region. WonderFi is working with regulators and Clyde & Co. to obtain an ASIC licence for offering additional financial products in Australia.
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) ha annunciato il lancio ufficiale della sua filiale Bitbuy APAC nella regione Asia-Pacifico. Bitbuy ha completato il suo primo scambio di criptovalute internazionale dopo l'acquisizione da parte di WonderFi della società australiana FX Institutions Pty. nel marzo 2024. L'azienda ha creato un team locale a Melbourne e prevede ulteriori espansioni.
WonderFi ha inoltre annunciato una partnership strategica di marketing con Kogan.com (ASX:KGN), una delle principali piattaforme di e-commerce australiana. I membri di Kogan FIRST riceveranno promozioni esclusive da Bitbuy, e Kogan promuoverà Bitbuy attraverso i suoi canali di marketing. Per celebrare la partnership, Kogan ha effettuato il primo acquisto di Bitcoin attraverso Bitbuy APAC per il proprio tesoro aziendale.
La divisione OTC di Bitbuy è ora aperta ai clienti dell'area APAC. WonderFi sta collaborando con i regolatori e Clyde & Co. per ottenere una licenza ASIC per offrire ulteriori prodotti finanziari in Australia.
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) ha anunciado el lanzamiento oficial de su subsidiaria Bitbuy APAC en la región de Asia-Pacífico. Bitbuy completó su primera transacción internacional de criptomonedas tras la adquisición por parte de WonderFi de la empresa australiana FX Institutions Pty. en marzo de 2024. La compañía ha establecido un equipo local en Melbourne y planea una expansión adicional.
WonderFi también anunció una asociación estratégica de marketing con Kogan.com (ASX:KGN), una de las principales plataformas de comercio electrónico en Australia. Los miembros de Kogan FIRST recibirán promociones exclusivas de Bitbuy, y Kogan promoverá Bitbuy a través de sus canales de marketing. Para celebrar la asociación, Kogan realizó la primera compra de Bitcoin a través de Bitbuy APAC para su tesorería corporativa.
La división OTC de Bitbuy ya está abierta para clientes en la región APAC. WonderFi está trabajando con los reguladores y Clyde & Co. para obtener una licencia ASIC para ofrecer productos financieros adicionales en Australia.
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF)는 아시아 태평양 지역에 자회사 Bitbuy APAC의 공식 출범을 발표했습니다. Bitbuy는 2024년 3월 WonderFi가 호주 기반 FX Institutions Pty.를 인수한 이후 첫 국제 암호화폐 거래를 완료했습니다. 이 회사는 멜버른에 현지 팀을 구성했으며 추가 확장을 계획하고 있습니다.
WonderFi는 또한 호주의 주요 전자 상거래 플랫폼인 Kogan.com (ASX:KGN)과의 전략적 마케팅 파트너십을 발표했습니다. Kogan FIRST 회원들은 Bitbuy로부터 독점 프로모션을 받고, Kogan은 마케팅 채널을 통해 Bitbuy를 홍보할 것입니다. 파트너십을 기념하기 위해 Kogan은 자사 재무를 위해 Bitbuy APAC를 통해 첫 번째 비트코인 구매를 했습니다.
Bitbuy의 OTC 부서는 이제 APAC 지역 고객을 위해 열려 있습니다. WonderFi는 규제 당국 및 Clyde & Co.와 협력하여 호주에서 추가 금융 제품을 제공하기 위한 ASIC 라이센스를 확보하고 있습니다.
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) a annoncé le lancement officiel de sa filiale Bitbuy APAC dans la région Asie-Pacifique. Bitbuy a complété sa première opération internationale de crypto-monnaie suite à l'acquisition par WonderFi de la société australienne FX Institutions Pty. en mars 2024. L'entreprise a établi une équipe locale à Melbourne et prévoit une expansion supplémentaire.
WonderFi a également annoncé un partenariat stratégique de marketing avec Kogan.com (ASX:KGN), une plateforme de commerce électronique australienne de premier plan. Les membres de Kogan FIRST bénéficieront de promotions exclusives de Bitbuy, et Kogan fera la promotion de Bitbuy à travers ses canaux de marketing. Pour célébrer ce partenariat, Kogan a effectué le premier achat de Bitcoin via Bitbuy APAC pour sa trésorerie d'entreprise.
La division OTC de Bitbuy est désormais ouverte aux clients de la région APAC. WonderFi travaille avec les régulateurs et Clyde & Co. pour obtenir une licence ASIC afin d'offrir des produits financiers supplémentaires en Australie.
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) hat die offizielle Einführung ihrer Tochtergesellschaft Bitbuy APAC in der Asien-Pazifik-Region bekannt gegeben. Bitbuy hat seinen ersten internationalen Krypto-Handel abgeschlossen, nachdem WonderFi im März 2024 das australische Unternehmen FX Institutions Pty. übernommen hat. Das Unternehmen hat ein lokales Team in Melbourne gegründet und plant eine weitere Expansion.
WonderFi gab ebenfalls eine strategische Marketingpartnerschaft mit Kogan.com (ASX:KGN) bekannt, einer führenden australischen E-Commerce-Plattform. Kogan FIRST Mitglieder erhalten exklusive Angebote von Bitbuy, und Kogan wird Bitbuy über seine Marketingkanäle fördern. Um die Partnerschaft zu feiern, tätigte Kogan den ersten Bitcoin-Kauf über Bitbuy APAC für seine Unternehmensschatzkammer.
Die OTC-Abteilung von Bitbuy ist nun für Kunden in der APAC-Region geöffnet. WonderFi arbeitet mit den Regulierungsbehörden und Clyde & Co. zusammen, um eine ASIC-Lizenz zur angebotenen Bereitstellung zusätzlicher Finanzprodukte in Australien zu erhalten.
- Expansion into the APAC market, potentially increasing WonderFi's global market share
- Strategic partnership with Kogan.com, a leading Australian e-commerce platform
- Kogan's purchase of Bitcoin through Bitbuy APAC for its corporate treasury
- Bitbuy's OTC division now operational in the APAC region
- None.
Bitbuy APAC has officially launched, marking a major milestone in WonderFi's global ambitions
Announces partnership with leading Australian e-commerce platform completing first trade in Australia
Toronto, Ontario--(Newsfile Corp. - August 13, 2024) - WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) ("WonderFi" or the "Company") a global leader in centralized and decentralized financial services and products, is pleased to announce the official launch of WonderFi subsidiary Bitbuy APAC ("Bitbuy") in the Asia-Pacific region ("APAC") and the Company's new partnership with Kogan.com (ASX:KGN) ("Kogan"), a leading Australian e-commerce platform.
Bitbuy Officially Launches in APAC
Today, Bitbuy completed its first ever international crypto trade, following WonderFi's March 2024 acquisition of Australian-based FX Institutions Pty. Ltd. Bitbuy has now established a local team based in Melbourne, Australia and is planning further expansion in the coming months. As part of WonderFi's current AUSTRAC Digital Currency Exchange ("DCE") and Payment Remittance registrations, Bitbuy is able to onboard and work with institutional and individual customers throughout APAC.
"Launching in APAC is a significant step forward in our international growth strategy," said Dean Skurka, CEO & President of WonderFi. "We're focused on developing market-leading products and services that will resonate with a global audience and the highly active crypto market in APAC is an ideal entry point."
WonderFi will continue to work closely with local Australian regulators and global law firm Clyde & Co. to obtain an Australian Securities & Investment Commission (ASIC) licence, which will allow it to offer derivatives, non-cash payments and other financial products within the region.
Bitbuy's OTC division is now open for customers and live for trading across the APAC region. More information can be found here.
Strategic Partnership and First Purchase with Kogan
In conjunction with the APAC launch, WonderFi also announced a strategic marketing partnership with Kogan today. Kogan FIRST members will receive exclusive promotions and benefits from Bitbuy to celebrate its launch in Australia, and Kogan will promote and advise Bitbuy across multiple marketing channels in return. To kick off the partnership, Kogan made the first purchase of Bitcoin through Bitbuy APAC and will hold the Bitcoin in their corporate treasury.
"Bitbuy's launch in Australia brings full circle the acquisition of the Bitbuy.com domain from Kogan.com in 2021," said Bobby Halpern, Chair of the Board of Directors of WonderFi. "Bitbuy's long-term plan has always been to develop and market its proprietary products and technology to regulated markets globally and we're extremely pleased to have made substantive progress in that goal. We look forward to collaborating with the entire Kogan team."
"We're excited to partner with Bitbuy on its APAC launch and to provide our Kogan FIRST members with exclusive access to a number of benefits and offers," said David Shafer, Executive Director of Kogan.com. "We're also looking forward to partnering with the Bitbuy team to explore new opportunities within the cryptocurrency space."
ABOUT WONDERFI
WonderFi is the largest regulated crypto trading platform in Canada and a global leader in centralized and decentralized financial services and products.
With over
Designed to provide investors with diversified investment exposure across the global digital asset ecosystem, the Company has a proven track record of launching new products and obtaining applicable licenses. It is also the owner of market-leading brands, including Bitbuy, Coinsquare and SmartPay.
As the world continues to move on-chain, WonderFi is strategically placed to capture both market and wallet share through ongoing innovation within the digital asset space.
For more information, visit www.wonder.fi.
About Kogan.com
Kogan.com's purpose is helping customers live their best lives by delivering remarkable value. Kogan.com is a portfolio of retail and services businesses including Kogan Retail (the Kogan.com and DickSmith.com.au and NZ retail websites), Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Travel and Kogan Money. The Kogan brand is renowned for value leadership in Australia and New Zealand through digital efficiency. KOGAN First members receive free shipping, priority customer service, and exclusive discounts across Kogan.com 1000's products and multiple services.
This news release constitutes "a designated news release" for the purposes of the Company's prospectus supplement dated December 23, 2022, to its short form base shelf prospectus dated September 7, 2022.
For additional information, please contact:
Media Relations
Hayley Suchanek
Kaiser & Partners
Hayley.Suchanek@kaiserpartners.com
289.681.2477
Investor Relations
Charlie Aikenhead
WonderFi
Invest@wonder.fi
Forward-Looking Information and Statements
This press release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of WonderFi Technologies Inc. ("WonderFi" or the "Company") regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such "could", "intend", "expect", "believe", "will", "projected", "planned", "estimated", "soon", "potential", "anticipate" or variations of such words.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: taxation, controls or regulations and/or changes in the administration of laws, policies and practices and political or economic developments in Canada, Australia and other jurisdictions in which the Company carries on business or in which the Company may carry on business in the future; and material adverse changes in general economic, business and political conditions, including changes in the financial markets and compliance with extensive government regulation, decisions to modify, pause or discontinue certain treasury management strategies. These risks are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and the Company's future decisions and actions will depend on management's assessment of all information at the relevant time. A more fulsome description of risk factors that may impact business, financial condition and results of operation with respect to WonderFi is set out in its management's discussion and analysis and financial statements for the period ended June 30, 2024, available on its SEDAR+ profile at www.sedarplus.ca.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice. All financial amounts referenced herein are in Canadian dollars unless otherwise expressly identified.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219761
FAQ
When did Bitbuy APAC officially launch in Australia?
What partnership did WonderFi (WONDF) announce with its APAC launch?
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