WonderFi to Acquire Coinberry for $30 Million: If the deal goes through, WonderFi will own two of the six registered digital asset trading venues in Canada.
- WonderFi plans to buy Coinberry for $30 million.
- If the deal goes through, WonderFi will own two of the six registered digital asset trading venues in Canada.
- he acquisition is a step toward nationwide consolidation for the digital asset sector in Canada.
- Bitbuy and Coinberry are two of the six local exchanges with licenses to operate on Canadian soil.
- WonderFi is financially backed by crypto bull Kevin O’Leary.
- O’Leary believes there are “several more and even bigger” acquisitions on the horizon for the company.
- Coinberry was founded in 2017 and last year it gained approval from the Canadian watchdogs to offer crypto services.
