TechFlow News — DeFi platform WonderFi Technologies Inc. has agreed to acquire Canadian regulated cryptocurrency exchange Coinberry in a stock deal valued at approximately $38.6 million, with the transaction expected to close in the second quarter of this year.
Founded in 2017, Coinberry is one of six crypto trading platforms authorized by Canadian securities regulators. It currently holds around $100 million in assets under custody, has facilitated over $1 billion in trading volume to date, supports 29 major cryptocurrency trading pairs, and serves more than 220,000 users.
Previously, WonderFi Technologies Inc. agreed to acquire Canadian cryptocurrency exchange Bitbuy in a cash-and-stock deal worth 206 million Canadian dollars ($161.8 million).
