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WonderFi Sees Record Growth in Crypto Trading Activity

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WonderFi Sees Record Growth in Crypto Trading Activity

WonderFi Technologies Inc (TSE:WNDR) has released an update.

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WonderFi Technologies Inc. has reported record weekly trading activity on its regulated crypto platforms, Bitbuy and Coinsquare, driven by a surge in trading volume, revenue, and user engagement following the U.S. Presidential election. The company saw significant gains in retail trading volume, with Bitbuy and Coinsquare experiencing increases of 82% and 86% respectively, while assets under custody rose by 34% to $1.7 billion. This impressive growth underscores WonderFi’s position as the largest regulated crypto trading platform in Canada, offering a secure and innovative environment for cryptocurrency investors.

For further insights into TSE:WNDR stock, check out TipRanks’ Stock Analysis page.

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