Welcome to our dedicated page for Wonderfi Technol news (Ticker: WONDF), a resource for investors and traders seeking the latest updates and insights on Wonderfi Technol stock.
WonderFi Technologies Inc. (TSX: WNDR, OTCQB: WONDF) provides a regulated gateway to cryptocurrency trading and decentralized finance solutions through platforms like Bitbuy and Coinsquare. This page aggregates official announcements, financial updates, and strategic developments for investors tracking its position in the digital asset sector.
Access real-time updates on earnings reports, regulatory milestones, and technology innovations that shape WonderFi’s market leadership. Users will find curated news on acquisitions, blockchain integrations, and partnerships with entities like Tetra Trust, offering insights into the company’s compliance-first approach.
Key updates include product launches, security enhancements, and expansions into new markets. Whether monitoring DeFi trends or institutional-grade custody services, this resource simplifies tracking WONDF’s progress in merging traditional finance with blockchain technology.
Bookmark this page for streamlined access to WonderFi’s verified news, ensuring informed decisions grounded in its operational transparency and regulatory adherence.
WonderFi Technologies has launched Coinsquare Alpha, an enhanced institutional crypto service aimed at professional OTC clients managing large crypto portfolios with trading volumes over $1,000,000 CAD per year. The service offers various features including improved trading functionality with fill-or-kill trading in 53 assets and over 1300 trading pairs, 24/7 API connectivity for automated trading execution, non-custodial OTC services for a wider range of digital assets, bespoke custody solutions with multi-signature security, and a transparent asset staking program with competitive fee rebates.
The launch comes at a critical moment for institutional interest in crypto, spurred by the recent success of the US spot Bitcoin ETF. Coinsquare Alpha aims to support the evolving needs of the Canadian institutional crypto market and drive further growth and adoption of digital assets.
WonderFi Technologies announced the successful consolidation of its crypto trading platforms, Bitbuy and Coinsquare, under one regulated Investment Dealer, creating Canada's largest CIRO-regulated crypto trading platform. This move streamlines operations, enhances user experience, and aims for cost synergies and operational efficiencies. With 1.7 million registered users and assets exceeding $1.5 billion, WonderFi's platform now offers features like updated UI, customizable watchlists, automated price alerts, portfolio value charts, seamless Interac e-Transfers, and free crypto withdrawals. Cash balances are covered by CIPF up to $1 million.
Bitbuy clients have been securely migrated with no action required, ensuring a smooth transition with clear communication and support throughout. CEO Dean Skurka highlighted the benefits of enhanced security and material cost savings from this consolidation.
WonderFi Technologies, Canada's key operator of regulated crypto trading platforms, held its 2024 Annual General Meeting (AGM) virtually on May 24, 2024. The company announced that all motions and director nominees set out in their Management Information Circular were overwhelmingly approved by shareholders. A total of 284,464,335 common shares, representing 43% of the company's issued and outstanding shares, participated in the vote. Key director nominees, including Dean Skurka, Robert Halpern, Jaime Leverton, and others, received a high percentage of votes, generally around 96-97% approval. CEO Dean Skurka expressed optimism about the company's future growth and value creation for shareholders.
WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) reported record financial results for Q1 2024, with revenues of $18.5 million, net income of $4.9 million, and positive EBITDA of $7.0 million. The company's cash and digital assets increased to $52.5 million. Key highlights include increased revenues, EBITDA, and net income compared to the previous quarter and significant growth in client assets under custody. WonderFi completed strategic acquisitions, including FX Institution Pty. and the Canadian clients of Bitstamp, aiming for sustainable growth and value creation for shareholders in 2024.
WonderFi Technologies Inc. has entered into a cooperation agreement with KAOS Capital , resulting in changes to its Board of Directors and annual meeting date. The Agreement will see nine director nominees standing for election at the upcoming Annual Meeting on May 24, 2024, with a focus on long-term value creation for shareholders. Additionally, Mogo Inc. has agreed to a managed divestiture program and a modified voting support agreement, aligning with WonderFi's strategy. The Company is optimistic about future growth and profitability opportunities in the crypto and digital assets market.
FAQ
What is the current stock price of Wonderfi Technol (WONDF)?
What is the market cap of Wonderfi Technol (WONDF)?
