WonderFi | Leaders in digital asset platform operation and investment (2024)

FAQs

What are the financial results of WonderFi? ›

Key Financial Highlights for Q1 2024:

Generated EBITDA of $7.0 million, which is 37.8% of consolidated revenues. This compares with EBITDA of $6.7 million in Q4 2023 and an EBITDA loss of ($6.4) million in Q1 2023. Net income for the quarter increased to $4.9 million or $0.01 per share.

The ownership structure of WonderFi Technologies Inc (TSE:WNDR) stock is a mix of institutional, retail and individual investors. Approximately 0.02% of the company's stock is owned by Institutional Investors, 5.34% is owned by Insiders and 94.64% is owned by Public Companies and Individual Investors.

We provide investors with diversified investment exposure across the global digital asset ecosystem. With a proven track record of launching new products and obtaining applicable licenses, we are well-positioned to capture both market and wallet share through on-going innovation and technological developments.

A digital asset is anything that is stored digitally and is uniquely identifiable that organizations can use to realize value. Examples of digital assets include documents, audio, videos, logos, slide presentations, spreadsheets and websites.

WonderFi Technologies Inc's analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.

WonderFi Technologies is a Public company.

Gordon Brocklehurst commented, "I am excited to join WonderFi as Chief Financial Officer.

Instrument Name Wonderfi Technologies Inc. Instrument Symbol (WNDR-T) Instrument Exchange TSX.

Collapses in decentralized finance (DeFi) projects can lead to significant financial losses for investors and users. It is crucial to thoroughly research projects before investing in or interacting with them to identify potential signs of trouble and reduce the risk of such collapses.

Why do people want DeFi? ›

Using DeFi allows for: Accessibility: Anyone with an internet connection can access a DeFi platform, and transactions occur without geographic restrictions. Low fees and high interest rates: DeFi enables any two parties to negotiate interest rates directly and lend cryptocurrency or money via DeFi networks.

Digital assets include, but are not limited to: digital documents, audio content, motion pictures, and other relevant digital data currently in circulation or stored on digital appliances, such as personal computers, laptops, portable media players, tablets, data storage devices, and telecommunication devices.

What's a digital asset. For U.S. tax purposes, digital assets are considered property, not currency. A digital asset is stored electronically and can be bought, sold, owned, transferred or traded.

One of the biggest draws to the whole idea of using blockchain technology to reinvent the finance space lies in how the market can become permissionless and open to anyone. A further attraction is the concept of composability, which means anyone can mix and match any existing DeFi offering to build a new one.

UMB Financial Corporation Reports First Quarter 2024 Net Income of $110.3 Million and Net Operating Income(i) of $120.7 Million. GAAP net income of $110.3 million, or $2.25 per diluted share. Net operating income⁽ⁱ⁾ of $120.7 million, or $2.47 per diluted share.

BlockFi raised $350 million at a larger valuation of $3 billion in March last year. It was reportedly set to raise a further $500 million, valuing it at nearly $5 billion, in late July and had also been making known its plans to go public.