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WONDERFI TECHNOLOGIES INC - WONDF STOCK NEWS

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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) is Canada's leading operator of regulated crypto trading platforms and other digital asset businesses. The company's wholly owned subsidiary, Bitbuy Technologies Inc., recently acquired the Canadian clients of Bitstamp, the world's longest-running cryptocurrency exchange. With a user base of over 1.75 million registered Canadians and assets under custody exceeding $1.5 billion, WonderFi serves one of the largest crypto investor communities in Canada. The company focuses on providing a secure and regulated platform for users to trade and invest in cryptocurrencies, with a commitment to safety and transparency.

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WonderFi Technologies Inc. announces that Bitbuy and Coinsquare have surpassed $1.5 billion in combined client assets under custody, with Coinsquare staking activity reaching over $11.8M in less than two weeks. The total staked on WonderFi subsidiaries now exceeds $80M, showcasing significant growth in user activity and revenue generation.
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WonderFi Technologies Inc. (WONDF) announces the successful investment in Solana, generating 61,720 coins and $6.7M profit to be recognized in Q4 2023. Coinsquare launches staking services for Ethereum, Solana, Cardano, and other cryptocurrencies, with over $3.5M staked initially. WonderFi plans to stake a portion of Solana from the investment. Notable investor Kevin O'Leary expresses confidence in WonderFi's position in the Canadian financial services sector.
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WonderFi Technologies Inc. partners with The Tie to bring immersive news to Canada's largest crypto investor community. The partnership aims to boost monthly active users and time spent in-app by offering real-time news on Coinsquare platform.
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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) announced operational updates and unaudited financial information. The company reported $4.8M in consolidated revenue for January 2024, a 751% increase year-over-year. Cash and digital asset holdings were $37.4M as of December 31, 2023. The company achieved positive EBITDA and cash-flow positive operations on a consolidated basis. Crypto trading platforms facilitated over $350M in combined trading volumes during the month, representing a 524% increase year-over-year. Client assets under custody for Bitbuy and Coinsquare were approximately $1B as of January 31, 2024. SmartPay, the crypto payments processing platform, processed over $1B in total volumes since 2020. Bitbuy Private Wealth traded over $100M in volumes in January 2024, with an average trade size of $277K. The company also experienced increased user activity and account sign-ups, with an 82% year-over-year increase in active users in January.
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WonderFi Technologies Inc. provides an update on key performance indicators following a historic week for the digital asset industry. The company's trading platforms, Bitbuy and Coinsquare, saw significant increases in trading volumes, user activity, and staking activity. Additionally, WonderFi will be participating in upcoming investor conferences and appearances.
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WonderFi Technologies Inc. (WNDR) expects Q4 2023 revenues of $12.5 to $13 million, representing 29% growth quarter over quarter. The company achieved cash-flow positive operations for the quarter and ended 2023 with client assets under custody exceeding $1 billion. Bitbuy and Coinsquare facilitated $760 million in combined trading volumes during the quarter, with SmartPay processing over $180 million in crypto payment volumes. WonderFi also expects to achieve positive non-adjusted EBITDA and operating earnings on a consolidated basis for the quarter.
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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) is pleased to announce a collaboration between its subsidiary Bitbuy Technologies Inc. and BitGo Trust Company's Go Network, providing enhanced settlement and liquidity solutions to institutional partners.
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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) announces partnership between Coinsquare Capital Markets Ltd. and MeetAmi Innovations Inc. to provide educational content for licensed wealth advisors in Canada.
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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) announces that its crypto trading platforms, Bitbuy and Coinsquare, have surpassed $1 billion in combined client cash and digital assets under custody. The platforms experienced a 16% increase in monthly active users and a 54% increase in total trading volume in November, indicating growing user activity and price appreciation in the digital asset sector.
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WonderFi Technologies Inc. (WNDR) Announces Completion of Bitbuy Technologies Inc.'s 5th Annual Proof of Reserves & Platform Due Diligence Audit for 2023
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FAQ

What is the current stock price of WONDERFI TECHNOLOGIES (WONDF)?

The current stock price of WONDERFI TECHNOLOGIES (WONDF) is $0.20676 as of December 24, 2024.

What is the market cap of WONDERFI TECHNOLOGIES (WONDF)?

The market cap of WONDERFI TECHNOLOGIES (WONDF) is approximately 127.2M.

What is WonderFi Technologies Inc. known for?

WonderFi Technologies is known for being Canada's leading operator of regulated crypto trading platforms and digital asset businesses.

What recent acquisition did WonderFi make?

WonderFi's wholly owned subsidiary, Bitbuy Technologies Inc., recently acquired the Canadian clients of Bitstamp, the world's longest-running cryptocurrency exchange.

How many registered Canadians does WonderFi serve?

WonderFi serves over 1.75 million registered Canadians, with combined assets under custody exceeding $1.5 billion.

What is WonderFi's focus as a company?

WonderFi focuses on providing a secure and regulated platform for users to trade and invest in cryptocurrencies, emphasizing safety and transparency.

WONDERFI TECHNOLOGIES INC

OTC:WONDF

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WONDF Stock Data

127.17M
499.77M
22.09%
3.99%
Software - Application
Technology
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United States of America
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