WonderFi Acquires Bitstamp’s Canadian Client Base

WonderFi Technologies Inc (TSE:WNDR) has released an update.

WonderFi Technologies Inc. has expanded its market reach in Canada by acquiring over 110,000 Canadian clients from Bitstamp through its subsidiary Bitbuy, growing its user base to more than 1.75 million. This strategic move, part of WonderFi’s growth initiatives following its recent expansion into Australia, is expected to bring in additional revenue with minimal incremental operating costs. WonderFi, a major player in the Canadian digital asset space, operates multiple crypto platforms, including Bitbuy and Coinsquare, with over $1.5 billion in assets under custody.

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