WonderFi closes acquisition of crypto trading platform Coinberry
Post the Coinberry acquisition, over 200k more users will be added to the WonderFi ecosystem
By Shashank Bhardwaj
Image: Shutterstock
After being listed on the Toronto Stock Exchange last week, Vancouver-based crypto marketplace WonderFi (WNDR) closed its $30 million acquisition of Canadian crypto trading platform Coinberry on Monday. WonderFi shares were up more than 9 percent as soon as the stock was listed for trading. Canada's Competition Bureau, the Ontario Securities Commission (OSC), and other provincial regulatory bodies approved the deal.
The Coinberry acquisition follows the company's $162 million purchase of First Ledger Corp., the parent company of crypto exchange Bitbuy. The agreement is expected to add 220,000 users and $100 million in assets to the WonderFi ecosystem.

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