Wonderfi, the Vancouver-based DeFi company backed by “Shark Tank” and “Dragon’s Den” investor Kevin O’Leary, has entered into an agreement to purchase First Ledger, the parent company of Toronto-based cryptocurrency-trading platform Bitbuy, in a cash-and-stock deal that values the company at $206 million.
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
AI pioneer eyes new Alberta-based venture after parting ways with Google’s DeepMind
Apple, Google curb app store competition, U.S. agency determines
EU unveils plan for green subsidies, mirroring U.S. Inflation Reduction Act
World needs Canada to help diversify global critical-mineral supply, IEA head says
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.