Wonderfi is considering partnership that will bring derivative trading in its platforms, bitbuy and conscience in Canada and Australia.
The Vancouver-based Wonderfi Technologies Ink is searching for a new partnership to bring derivative trading in Canada and Australia to bring derivative trading in its crypto platforms, bitbuy and conscience.
The company revealed on 5 March Press release This Australian broker entered a non-comprehensive letter of intentions with eight CAP and embedded, its trading-e-Service solution, which will give access to bitbatt and coinciveer users for derivative products including forex, indices, oils, metals and select shares.
These products will be introduced as a contract for the difference, which is regulated over-the-counter derivatives, allowing users to speculate on asset value movements without the owner of the underlying assets, reading the press release.
Autcap will provide trading techniques and liquidity for bitbuy and conscience, for Prasad in Canada and bitbuy in Australia.
Wonderfi CEO Dean Scurka says that cooperation takes a “important step forward, establishs a framework that we think will empower our users with greater access to global financial markets, all within all reliable ecosystems that they already know and love and love.” New products are expected to be rolled out at the end of 2025 as it is still pending for final agreements and regulatory approval.
In May 2024, Wonderfi Announced Consolidation of its trading platforms, Conscience and Bitbui, it creates the largest crypto trading platform in Canada regulated by Canada’s investment regulatory organization.