WonderFi surpasses $1 billion in assets amid crypto price upswing | 2023-12-06 | Investing News

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  • WonderFi Technologies (TSX:WNDR) has amassed more than C$1 billion in combined client cash and digital assets under custody as crypto prices enjoy a pronounced rebound
  • Total active users increased by 16 per cent from October to November, with a 54 per cent jump in total trading volume compared to the average in Q3
  • WonderFi Technologies owns and operates Canadian digital asset businesses
  • WonderFi Technologies stock (TSX:WNDR) has returned more than 20 per cent year-over-year, but remains down by about 67 per cent since 2018

WonderFi Technologies (TSX:WNDR) has amassed more than C$1 billion in combined client cash and digital assets under custody as crypto prices enjoy a pronounced rebound.

The assets are split between Bitbuy Technologies and Coinsquare Capital Markets, WonderFi’s wholly owned crypto trading platforms.

The company views the milestone as a product of “new user growth,…

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