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All-Time Best-Selling Rapper Just Dropped US$462,000 On a Bored Ape NFT -Breaking

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An All-Time Recording Artist Just Made US$462,000 Purchase of a Bored Ape by NFT

Eminem, a 49-year-old rapper spent $462,000 in early 2022 to purchase an NFT (non-fungible token) from Bored Ape Yacht Club. He also bought the NFT that resembles him for 123.45 , changing his Twitter (NYSE:) avatar to a photograph of his “NFT self.” Put simply, an NFT is a form of digital art stored in a Blockchain, a digital ledger. In case the craze hasn’t been evident, other celebrities like Snoop Dogg, Jimmy Fallon, Grimes, and Tom Brady have also jumped on board. It’s been known that NFT as a stored unit is closely linked to Decentralized Finance (DeFi), as both mainly operate on the Ethereum Blockchain, where a wide range of financial and investment applications can be developed. Rising tides can raise all boats in one area. Many companies are pioneers of DeFi, such as WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Marathon Digital Holdings, Inc. (NASDAQ:MARA),HUT 8 Mining Corp. (NASDAQ:HUT), Mobilum Technologies Inc. (CSE:MBLMF; OTC:MBLMF). DMG Blockchain Solutions Inc.There could be huge growth opportunities for TSXV, DMGI (OTCQB;DMGGF) in 2022.

WonderFi Technologies (NEO:WNDR) (OTC:WONDF) is a technology company backed by Kevin O’ Leary that provides us with an easy gateway to DeFi. On January 4, 2022 it was revealed that Bitbuy Technologies Inc. has reached a definitive deal to purchase First Ledger Corp. WonderFi’s Integration and acquisition will turn it into a major platform to access crypto and decentralized financing. It was also established. WonderFi The first Canadian crypto market licensee.

“The integration between WonderFi and Bitbuy represents a significant step forward in our mission to democratize finance via easy and secure access DeFi and Crypto.
WonderFi CEO Ben Samaroo.

A licensed marketplace is a key gateway into the digital asset market and provides a seamless client experience. Integration of Bitbuy’s product portfolio will increase and broaden WonderFi’s reach to the market and drive long-term value and growth for the Company.
Bitbuy, which is now one of North America’s leading crypto marketplaces, is a trusted execution platform that services more than 375,000 users, with over $4.4 billion transacted through the platform. In November 2021, Bitbuy became Canada’s first approved crypto marketplace and was ranked 9th in the Deloitte Technology Fast 50 program, with 3,379% in revenue growth from 2017 to 2020 making it the highest-ranking crypto asset trading platform amongst the Fast 50 winners. Bitbuy generated revenue of over $31.0million in the 12-months ended September 30, 2021.

WonderFiAlso, the company recently announced its financial results for 2021. Total assets, which included C$20.3million in cash and C$4.1million in crypto assets, were C$25.4 millions as of September 30, 2021. Net cash was used for operating activities at C$2.7 million.

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