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

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© Reuters.

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 paid close to $162million (206 million Canadian dollar) for First Ledger Corp. to purchase Bitbuy’s parent company. The official website of WonderFi states that it aims to create a complete consumer platform for DeFi and crypto. Announcement.