Amid the crypto crash, WonderFi has been approved to be listed on the TSX, and claims to be the only registered crypto-trading platform on the stock exchange. TSX had reportedly approached WonderFi in the hopes of broadening the crypto-trading options.
This new development comes as a surprise amid such poor market conditions. WonderFi has been no exception – it too imposed layoffs much like other crypto-based company’s such as Crypto.com and Coinbase.
Ben Samaroo, CEO of WonderFi commented “As North America’s third-largest exchange, we felt that getting listed on the TSX will attract a new breed of retail and institutional investor to WonderFi”. The hope is for WonderFi to broaden its reach and create a shared synergy within the TSX. It’s stock ticker on the TSX is “WNDR”, and has already been listed on the Neo Exchange and on OTC Markets.
As the TSX is the 11th largest in the world, this new development for WonderFi brings on a new and exciting era for their business.
The following sources were used for the article:
- WonderFi To Become First Canadian-regulated Crypto Exchange On TSX, FinTech.ca
- WonderFi to become the only Canadian-Regulated Crypto-Trading Platform listed on the TSX, betakit