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WonderFi Reports Strong January Performance and Seeks NASDAQ Listing

Story Highlights
  • WonderFi’s January 2025 revenues rose by 14%, driven by increased trading volumes and user growth.
  • WonderFi applied for NASDAQ listing, showcasing its strategic expansion in digital assets.
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WonderFi Reports Strong January Performance and Seeks NASDAQ Listing

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The latest announcement is out from WonderFi Technologies Inc ( (TSE:WNDR) ).

WonderFi Technologies Inc. reported strong performance in January 2025, with estimated revenues and interest income between $7.75 and $8.25 million, marking a 14% increase from the previous quarter’s monthly average. The company saw a significant rise in trading volumes, active users, and new sign-ups across its Bitbuy and Coinsquare platforms, indicating robust growth in digital asset adoption. Assets under custody grew to approximately $2.4 billion, a 14% increase from the previous month. Additionally, WonderFi submitted an application to the NASDAQ stock exchange, guided by newly appointed director Paul Pathak, highlighting its strategic expansion efforts.

More about WonderFi Technologies Inc

WonderFi Technologies Inc. operates in the digital assets industry, providing platforms such as Bitbuy and Coinsquare for trading cryptocurrencies. The company focuses on facilitating secure and efficient trading experiences and has positioned itself as a key player in the growing adoption of digital assets.

YTD Price Performance: -15.00%

Average Trading Volume: 2,917,225

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$168.3M

For detailed information about WNDR stock, go to TipRanks’ Stock Analysis page.

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