Robinhood secured final approval before completing WonderFi acquisition deal in Canada. WonderFi platforms strengthen Robinhood’s regulated crypto market expansion across Canadian regions. Analysts expect acquisition deal could increase Robinhood revenue by nearly ten percent. Robinhood moved closer to expanding its crypto operations in Canada after regulators approved the final requirement tied…

Robinhood has finalized a deal to acquire Canadian crypto firm WonderFi for approximately $179 million. The move signals the company’s official expansion into the Canadian market and triggered a sharp rally in HOOD stock, which rose nearly 9.47 percent to $62.77 following the announcement. In the terms of the agreement, WonderFi’s Robinhood agreed to buy all the outstanding shares of WonderFi at…

Dean Skurka’s journey with Bitbuy began in 2018 with a small team, a modest user base, and a trading volume of $25 million. Today, as the head of WonderFi, he oversees a consolidated network of Canadian exchanges, managing 1.7 million accounts and $2 billion in client assets. Skurka’s vision extends beyond domestic success, focusing on strategic expansion. In a recent interview, Dean Skurka,…

WonderFi completes $30M acquisition of crypto platform Coinberry

WonderFi Technologies Inc, a leading platform for digital assets adoption, has today closed the $30 million acquisition of Canada-based crypto trading platform Coinberry. Coinberry boasts regulatory approval from the Canadian Securities Administrators (CSA), and is the country’s first pure-play regulated crypto broker. With this acquisition, WonderFi is adding a company with more than 220,000…

WonderFi completes $30M acquisition of crypto platform Coinberry

WonderFi Technologies Inc, a leading platform for digital assets adoption, has today closed the $30 million acquisition of Canada-based crypto trading platform Coinberry. Coinberry boasts regulatory approval from the Canadian Securities Administrators (CSA), and is the country’s first pure-play regulated crypto broker. With this acquisition, WonderFi is adding a company with more than 220,000…

La plataforma de criptomonedas  WonderFi Technologies, posee intenciones de comprar al exchange  canadiense Coinberry  por $30.6 millones, a medida que la compañía respaldada por Kevin O’Leary consolide su presencia en Canadá, según declaraciones de la misma hechas este lunes 18 de abril.

Esta empresa, con sede central en Vancouver, cerró una adquisición de $162 con la compra de Bitbuy, la plataforma de trading  en criptodivisas con más de 400,000 usuarios. Coinberry actualmente presta servicio a más de 220,00 clientes registrados dentro de Canadá. WonderFi espera que el trato sea cerrado antes de que acabe el segundo trimestre.

El mercado de los activos criptográficos en Canadá permanece fragmentado, por tanto, la consolidación es un factor clave para WonderFi, de acuerdo a su director ejecutivo, Ben Samaroo. La compañía también planifica expandirse de manera global este año, mientras diversifica sus ofertas en productos y activos digitales. Señalaron que desean llegar a Australia, mientras que activamente buscan oportunidades en Estados Unidos.

Para generalizar su oferta de productos, la empresa recientemente anunció sus planes de comprar Sun Machine Entertaiment  por $13.5 millones, en un esfuerzo de ganar exposición a los juegos play-to-earn (P2E) y a los tokens no fungibles (NFT). Ese negocio también se espera que concluya antes de acabar el segundo trimestre. “Es en realidad otra forma de adquirir usuarios”, expresó Samaroo al respecto.