TORONTO – Blockchain Foundry Inc. (CSE:BCFN), a leading North American blockchain development firm, announced that the Company has closed its previously announced plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which WonderFi Technologies Inc. (TSX:WNDR) acquired all of the issued and outstanding common shares of the Company.
Key Transaction Benefits
- Adds immediate scale to BCF’s product offering through WonderFi’s user base across its Bitbuy and Coinberry platforms.
- Accelerates growth of full service Web3 initiatives through improved consumer channels and larger development ecosystem.
- Provides material consumer and operational synergies across BCF’s complete product suite and development initiatives.
WonderFi is a leading technology company with the mission of creating better, unified access to digital assets through centralized and decentralized platforms. WonderFi’s executive team and Board of Directors have an established track record in finance and crypto. WonderFi’s core team of engineers and technologists believe that everyone should have equal access to finance and are aligned in the mission to empower people around the world to access finance in a simple, smart and secure way.
Blockchain Foundry develops and commercializes blockchain-based business and consumer solutions, with a focus on infrastructure for digital assets and NFTs. BCF also provides blockchain consulting services to corporate clients.