Tech company WonderFi (TSX: WNDR) reported strong financial results, with revenue up 43.4%, net income of $4.9M, and $52.5M in cash and digital assets.
Mogo is Coinsquare's largest shareholder and is expected to be the largest shareholder of the Combined Company on closing
The Combined Company will have a user base in excess of 1.65 million Canadians
Mogo Inc.
The lack of clarity and regulation around cryptocurrency was most recently underscored by the spectacular collapse of FTX. The details of FTX's failure are still being uncovered, and the exchange's bankrupcy came on the heels of several other nascent crypto companies that folded.
Technology company Wonderfi Technologies Inc (OTC: WONDF) on Monday announced its "Proof of Reserves & Platform Due Diligence Audit" for its operating subsidiaries Bitbuy Technologies Inc.