WonderFi acquires Blockchain Foundry

WonderFi Technologies Inc. and Blockchain Foundry Inc., a leading North American blockchain development firm, announced a definitive agreement whereby WonderFi will acquire all outstanding Blockchain Foundry shares, Coin Journal learned from a press release

Key benefits of the agreement 

The agreement will accelerate the growth of full-service Web3 initiatives via a wider development ecosystem and improved consumer channels and adds immediate scale to Blockchain’s product offering. 

This will be possible through WonderFi’s user base across its Coinberry and Bitbuy platforms.

Moreover, it will secure material operational and consumer synergies across Blockchain’s full product suite and development initiatives. Blockchain Foundry CEO Dan Wasyluk commented:

We are excited to be joining WonderFi, whose team boasts in-depth expertise in Web3 and a complementary range of products to combine with our current development initiatives. We can capitalize on the numerous consumer and operational synergies to create more opportunities across a range of Web3 experiences.

Marketplace for unique NFT drops 

In January this year, Blockchain Foundry introduced the NFT marketplace and minting platform LastKnown, which hosts unique NFT drops from artists. Blockchain Foundry has deployed three collections through LastKnown so far, all from recognized artists. 


In May, they introduced the beta version of Metacademy, an educational platform based on the learn-to-earn principle. It is focused on hands-on learning in an intuitive environment. 

Metacademy teaches users how to mint, how to set up a crypto wallet, how to transact in NFTs, how to improve their understanding of the metaverse, and the key differences between Web2 and Web3.

WonderFi CEO Ben Samaroo said: 

This agreement solidifies WonderFi as the Canadian digital asset leader. Blockchain Foundry is on a great trajectory with a track record in generating revenue, a vast range of brand partnerships, and a broad set of intellectual properties. 

The current crypto market conditions have improved the prospect of acquisitions by WonderFi of companies like Blockchain Foundry. They can potentially improve Bitbuy and Coinberry, our fundamental operating crypto asset trading platforms, and add a portfolio of private emerging crypto investments, liquid digital assets, and cash to WonderFi’s balance sheet.

All Dutch and English crypto news!

Korean police reportedly arrest first person involved in Terra collapse

After months of investigation without any single arrest and the main offender on the run teasing the enforcers on Twitter, South Korean police have reportedly...

Bitcoin fails to move towards the $21,368 resistance level: Will it dip soon?

Bitcoin has performed well over the last few days but has failed to surge past the resistance level above $21k. Bitcoin, the world's leading cryptocurrency, has...

Most cryptocurrencies are securities, says SEC’S Gary Gensler

Gary Gensler believes that most cryptocurrencies are securities and wants the SEC to regulate the market.   Gary Gensler, the Chairman of the United States Securities and...

BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, stated October has historically been the best month for Bitcoin (BTC) since 2014, averaging gains of about...

Beste exchanges

Koop je crypto bij Bitvavo