Crypto exchange WonderFi, which is backed by crypto investor and billionaire Kevin O’Leary, has confirmed it is in preliminary discussions with fellow Canadian crypto exchange Coinsquare for a possible merger.
WonderFi clarified that the discussions were"preliminary" at this stage, adding that it cannot guarantee that an agreement will be reached."In response to the press speculation, the Company acknowledges that it has held preliminary discussions with various third parties with respect to both potential acquisitions and the Company being acquired, which is consistent with past practice and the Company's general acquisition strategy.
If Kevin O'Leary is involved, stay far away. Reeks of opportunism, not real interest or belief in crypto
So a monopoly on Canadian exchanges? This time it will be different, right?
It's exciting to see two top Canadian exchanges in the crypto space collaborate! This could be a major boon for DeFi and the overall adoption of crypto. Can't wait to witness the HODLing possibilities between these two 🤩
Get your facts straight. More like $400M air
Who would trust O’Leary these days?!
Suspicious...
He's not called a Shark for nothing I'd rather leave my money with a known thief
This clown saw how much money he can scam people out of and is all in on crypto
Lol no
I’m out!!
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Potential Coinsquare and WonderFi merger in advanced talksThough the deal may still not go through, a successful merger would make the new company the largest crypto exchanges in Canada. In other news FTX_Official & BlockFi in talks to form largest crypto exchange in Sing Sing, oh, sorry, the Ossining Correctional Facility do you trust Kevin O Leary with your crypto?
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