Successfully Integrates Bitbuy Acquisition, Acquires Coinberry and Lists on the Toronto Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2022) - WonderFi Technologies Inc. (TSX: WNDR) (OTC Pink: WONDF) (WKN: A3C166) (FTX: WNDR) (the "Company" or "WonderFi") today announced its third quarter 2022 financial results for the period ended June 30, 2022. All financial references are in Canadian dollars unless otherwise noted.
Financial Highlights:
Bitbuy Technologies Inc. (together with its affiliates, "Bitbuy") full quarter included in the Company's consolidated results for the first time
$356 million in total assets as of June 30, 2022, including $15 million in cash and $5.6 million in crypto assets and inventory, as well as $187 million of Assets Under Custody for customers
Operating Highlights:
Continuing to optimize Bitbuy operations including strategic alignment of technology and resources
Signed definitive agreement to acquire Coinberry Limited ("Coinberry") on April 17, 2022, one of Canada's leading crypto trading platforms with over $1 billion transacted to date
Listed on the Toronto Stock Exchange alongside other industry leaders including Galaxy Digital and Hut 8
Appointed former Royal Bank of Canada Director and Senior Counsel Adam Garetson as General Counsel and Chief Legal Officer of WonderFi
Appointed former Bank of Montreal executive Torstein Braaten as the Chief Compliance Officer of WonderFi
Closed the acquisition of Coinberry on July 4,...
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