“This acquisition additional solidifies WonderFi as a pacesetter amongst crypto firms in Canada, and together with our acquisition of Bitbuy, establishes an excellent basis for our growth into world markets,” Samaroo mentioned in a press release Monday forward of the market open. “Additional, as we have seen over the previous few weeks, the crypto market downturn has had a large influence on the viability of unregulated crypto buying and selling platforms and WonderFi’s worth proposition as one of many few regulated crypto companies makes us properly positioned to proceed our progress.”