WonderFi

WonderFi Founded

Ben Samaroo co-founded WonderFi, a Canadian regulated crypto platform. WonderFi aimed to provide Canadians with compliant access to decentralized finance.

TODO: Verify exact founding date and founding story from primary sources.

Yahoo Finance Video Interview

Ben Samaroo appeared in a Yahoo Finance video interview discussing WonderFi's mission and the Canadian regulated crypto opportunity.

TODO: Verify exact title, date, URL. See source record for search instructions.

BNN Bloomberg Television Appearances

Ben Samaroo appeared on BNN Bloomberg, Canada's leading business TV network, to discuss WonderFi and its regulated crypto platform approach.

TODO: Verify exact titles, dates, URLs. Multiple appearances may exist.

Bitbuy Acquisition

WonderFi cleared regulatory hurdles across Canadian securities regulators and set up closing of the acquisition of Bitbuy, a registered crypto marketplace, in an approximately C$206 million deal. This gave WonderFi access to a FINTRAC-registered and securities-regulated platform.

TODO: Verify exact deal value, closing date, and regulatory details from source article.

TSX Listing

WonderFi became the only Canadian-regulated crypto-trading platform listed on the Toronto Stock Exchange (TSX), marking a significant public-company milestone.

TODO: Verify exact TSX listing date.

Coinberry Acquisition

WonderFi closed the acquisition of Coinberry, another regulated Canadian crypto trading platform, even as the broader crypto market was experiencing a significant decline. Ben Samaroo commented on the opportunity during the market downturn.

TODO: Verify exact closing date.

Blockchain Foundry Acquisition

WonderFi announced the acquisition of Blockchain Foundry in an all-stock deal, continuing its strategy of consolidating Canada's regulated digital asset platform landscape.

TODO: Verify exact announcement and closing dates.

Bitbuy Expands into Stock Trading

WonderFi-owned Bitbuy announced a stock trading launch, expanding WonderFi's platform beyond crypto to compete with Wealthsimple and other regulated financial platforms.

TODO: Verify exact date of stock trading launch announcement.

CEO Transition — Ben Samaroo Steps Down

Ben Samaroo stepped down as WonderFi CEO. Dean Skurka was named interim CEO. Ben Samaroo continued as a board member, supporting WonderFi's ongoing strategy which included expansion into stock trading and sports betting as a hedge against crypto volatility.

TODO: Verify exact date of CEO transition. Confirm whether Ben became board chairman or board member. Verify whether board chair role lasted until December 2023 per BetaKit xTAO article.

Robinhood Acquires WonderFi

Reuters reported that Robinhood agreed to acquire WonderFi for approximately C$250 million (approximately US$179 million). WonderFi's brands included Bitbuy and Coinsquare, and the company had processed over C$3.57 billion in fiscal 2024 crypto trading volume.