WonderFi to Acquire Bitbuy, Canada's First Approved Crypto Marketplace, for C$206 MillionJanuary 04, 2022
WonderFi Technologies Inc. (NEO: WNDR) ("WonderFi"), a business with a multi-pronged strategy which includes a high-growth consumer finance app and a digital asset portfolio, has entered into a definitive agreement to acquire First Ledger Corp. (“First Ledger”), the parent company of Bitbuy Technologies Inc., a restricted dealer and the first crypto asset trading platform to be regulated as a marketplace in Canada.
The acquisition is expected to close in the first quarter of 2022, subject to approval by WonderFi and First Ledger shareholders and to other acquisition-related closing conditions and regulatory approvals.
Wildeboer Dellelce LLP is acting for First Ledger in connection with the transaction with a team comprised of Geoffrey Cher (Corporate/Securities) and Katy Pitch and Colin Romano (Tax).
First Ledger Corp.