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Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M -Breaking

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Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country.

WonderFi has agreed to spend close to $162 million ($206 million Canadian) in order to buy First Ledger Corp. (the parent company to Bitbuy). According to official documents, WonderFi plans to be an end-to–end platform that sells crypto and DeFi. Announcement.