{"id":63918,"date":"2022-07-04T18:52:02","date_gmt":"2022-07-04T15:52:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63918"},"modified":"2025-09-06T11:33:53","modified_gmt":"2025-09-06T08:33:53","slug":"wonderfi-closes-acquisition-of-coinberry","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/wonderfi-closes-acquisition-of-coinberry\/","title":{"rendered":"WonderFi closes acquisition of Coinberry"},"content":{"rendered":"

Supported by TV personality Kevin O\u2019Leary, the DeFi platform WonderFi Technologies has acquired the Canadian cryptocurrency exchange Coinberry. The press release states<\/a>.<\/p>\n

\n

\u201cThis acquisition further strengthens WonderFi’s position as a leader among cryptocurrency companies in Canada and [\u2026] creates an excellent foundation for our expansion into global markets,\u201d said WonderFi CEO Ben Samaroo.<\/p>\n<\/blockquote>\n

According to CoinDesk<\/a>, the deal was worth $30 million.<\/p>\n

The company announced the acquisition a week after it announced<\/a> its listing on the Toronto Stock Exchange.<\/p>\n

Earlier, the DeFi platform cut staff by 20%. Similar measures were taken by the Bitbuy crypto exchange, which WonderFi acquired<\/a> in January. Media reports say the layoffs were driven by cost optimization.<\/p>\n

In August 2021, Coinberry became one of the regulated crypto exchanges that the Ontario Securities Commission barred from operating<\/a> with Tether’s USDT.<\/p>\n

Follow ForkLog’s bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Supported by TV personality Kevin O\u2019Leary, the DeFi platform WonderFi Technologies has acquired the Canadian cryptocurrency exchange Coinberry, according to a press release.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1235],"class_list":["post-63918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-mergers-and-acquisitions"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=63918"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63918\/revisions"}],"predecessor-version":[{"id":63919,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63918\/revisions\/63919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=63918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=63918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=63918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}