Activist investor seeks to overhaul WonderFi board | 2024-03-28 | Investing News

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  • KAOS Capital, a Miami-based hedge fund manager focused on venture capital and activist investing, and a major shareholder in WonderFi Technologies, intends to propose five nominations to the crypto stock’s board ahead of the annual general meeting on May 21
  • KAOS’s move stems from dissatisfaction with WonderFi’s stock performance, considering its leadership position as the only fully regulated crypto exchange in Canada
  • WonderFi Technologies owns and operates Bitbuy and Coinsquare, two leading Canadian cryptocurrency platforms, with more than 1.6 million registered users and more than C$1.5 billion in assets under custody combined
  • WonderFi stock has added 90.62 per cent year-over-year, but has lost 53.08 per cent since June 2022

KAOS Capital, a Miami-based hedge fund manager focused on venture capital and activist investing, and a major shareholder in WonderFi…

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