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WonderFi’s (TSX:WNDR) Bitbuy enhances crypto liquidity with new partnership

Cryptocurrency, Market News
TSX:WNDR
23 January 2023 10:45 (EDT)

Source: WonderFi Technologies.

WonderFi’s (WNDR) subsidiary, Bitbuy, has partnered with Cumberland to enhance crypto liquidity.

Cumberland, est. 2014, is an institutional crypto asset trading and Web 3.0 subsidiary within the DRW Trading Group, a principal liquidity provider with more than 30 years of experience in global financial markets.

As one of the world’s leading liquidity providers in crypto assets, Cumberland is equipped to provide significant additional liquidity to Bitbuy’s registered crypto asset marketplace.

The partnership would allow Bitbuy to fulfill demand from large institutions and retail investors alike.

“By accessing Cumberland’s deep liquidity, Bitbuy is now better positioned as it continues to strive to offer its users some of the most competitive crypto prices in Canada,” stated Dean Skurka, WonderFi’s President and Interim CEO.

“Cumberland shares Bitbuy’s commitment to transparency, and we are confident our deep, consistent liquidity will help the company efficiently and effectively serve its customers,” added Nathalie Ngo, Cumberland’s Relationship Manager for Canada.

WonderFi is a technology company improving and unifying access to digital assets through centralized and decentralized platforms.

WonderFi Technologies (WNDR) is down by 1.85 per cent, trading at $0.265 per share as of 10:15 am EST.


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