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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. 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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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) announced that its subsidiary Bitbuy Technologies Inc. has acquired all client accounts of Bitvo Inc. and the Bitvo.com domain. The acquisition includes 17,000+ registered client accounts generating over $235 million in trading volume and $1.5 million in net revenue in the past twelve months. Bitbuy will receive all client accounts and associated trading volumes and net revenues and anticipates nominal incremental operating costs. This strategic move aims to enhance the crypto trading experience for Canadians.
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WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) announced its Q3 2023 financial results, reporting $9.9 million in revenues, a net loss per share decrease to ($0.02), and total cash and digital assets of $32.9 million. Bitbuy and Coinsquare processed over $505 million in trading volumes, with SmartPay processing over $168 million in payment volumes. The company's focus on financial sustainability and strategic acquisitions has led to improved market conditions and operational efficiency, positioning WonderFi to deliver positive adjusted-EBITDA in Q4 2023.
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WonderFi Technologies Inc. announces that its subsidiary, Bitbuy Technologies Inc., is now offering Apple Pay for cryptocurrency purchases in Canada. Bitbuy users can securely use Apple Pay to acquire Bitcoin, Ethereum, and 37 other cryptocurrencies directly on the Bitbuy platform. The integration provides customers with an easy, secure, and private way to pay using their Apple devices. For the first month, there will be no fees charged by Bitbuy for customers who fund their account with Apple Pay.
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WonderFi Technologies Inc. files registration statement with the SEC for its common shares in the United States.
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FAQ
What is the current stock price of WONDERFI TECHNOLOGIES (WONDF)?
The current stock price of WONDERFI TECHNOLOGIES (WONDF) is $0.09 as of October 15, 2024.
What is the market cap of WONDERFI TECHNOLOGIES (WONDF)?
The market cap of WONDERFI TECHNOLOGIES (WONDF) is approximately 60.9M.
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
WONDF Rankings
WONDF Stock Data
60.89M
548.62M
22.09%
2.17%
Software - Application
Technology
United States of America
Vancouver