Kevin O’Leary-backed WonderFi to acquire Canadian crypto exchange Coinberry for $38.5M

2022.04.18 22:01

Kevin O’Leary-backed WonderFi to acquire Canadian crypto exchange Coinberry for $38.5M

WonderFi Technologies, a decentralized finance (DeFi) platform, plans to continue its expansion in Canada by purchasing the Coinberry crypto exchange for $38 million. The platform will be the second regulated crypto exchange under WonderFi once the acquisition is finalized.

The firm recently closed its acquisition of Bitbuy’s parent company First Ledger Corp. for $162 million. In an interview, Kevin O’Leary mentioned that there will be “several more and even bigger” acquisitions that are on the way.

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