In addition, WonderFi said it may purchase other crypto companies as the shakeout in the sector continues. CEO Ben Samaroo told CoinDesk he thinks other nonregulated crypto trading platforms might have similar issues as Voyager Digital, which had exposure to troubled hedge fund Three Arrows Capital and has had to limit withdrawals. As a result, WonderFi has begun looking at potential deals for nonregulated exchanges both in Canada and globally.
Source: https://www.coindesk.com/business/2022/07/04/wonderfi-closes-acquisition-of-crypto-trading-platform-coinberry-may-explore-more-ma/?utm_medium=referral&utm_source=rss&utm_campaign=headlines