Canada’s three leading cryptocurrency exchanges announced that they have decided to merge to become one of the world’s largest exchanges.
Canadian businessman and investor Kevin O’Leary cryptocurrency exchange funded by WonderFi In a press release published on April 3, two other cryptocurrency exchanges operating in the country CoinSmart And Coinsquare with by uniting of the world the biggest one of the cryptocurrency exchanges will create made public.
in total 1.65 million to the user and storage under the services 600 million The merger of three exchanges with assets of more than $ in months with the agreements will be completed.
WonderFi CEO Dean Skurkathe new merged company to be formed your leadership a powerful force that will allow expansion to the balance sheet and a satisfactory to profitability He said they believed he was going.
Commenting on the topic Kevin O’Leary used the following statements:
Running a regulated cryptocurrency exchange has been a huge disadvantage for years because you could make a lot more profit with an unregistered exchange. But those days are gone. Seeing the potential of cryptocurrencies to make financial systems transparent, investors are now looking for investment opportunities on regulated platforms. This merger will create the largest and only fully regulated exchange.
WonderFi shares (WNDR) with a strong rise after the news of the merger 0.12 at dollar level 0.17 rising to the dollar to 45% close in value.