Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
WonderFi is currently one of the largest digital asset operators in Canada.
Bitbuy and Coinsquare, two of the largest crypto exchanges domiciled in Canada, have surpassed 1 billion Canadian dollars ($736 million) in assets under management.
According to a Dec. 6 announcement by parent company WonderFi, the two entities currently hold over 1 billion CAD in clients’ cash and digital asset deposits, up from 695 million CAD ($512 million) in the third quarter.
“During the month of November, the platforms experienced a combined 16% increase in monthly active users as compared to the monthly active user count in October. The platforms also recorded a 54% increase in total trading volume,” the company wrote.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.