If it feels like Bitcoin is everywhere right now, it’s because it is.
With prices recently climbing above $103,500, Bitcoin’s unstoppable surge has ignited a crypto rally that’s reshaping global finance.
Source: TradingView, Dec 9, 2024
But this surge isn’t just about numbers on a chart—it’s about a wave of monumental changes unfolding in real time.
In the blink of an eye, Trump’s election victory has added fuel to an already red-hot Bitcoin rally.1
In fact, the election victory might be one of the biggest catalysts the crypto world has ever seen.
From promising to make the US the “crypto capital of the planet” to establishing a national Bitcoin reserve, Trump’s pro-crypto stance is sending investors into a frenzy.2
Add to that growing inflation concerns and potential Fed rate cuts on the horizon, and the flood into crypto is expected to intensify further.
Bitcoin ETFs have already pulled in $19 billion in net flows since their launch,3 with inflows hitting a record-breaking $556 million in a single day.4
Even Wall Street titans like BlackRock CEO Larry Fink, who was once a major skeptic, have changed their tune—and not a moment too soon.
In just nine months, BlackRock’s Bitcoin ETF has amassed $23 billion in assets,5 signaling strong institutional confidence in the future of cryptocurrencies.
It’s no surprise analysts are predicting that Bitcoin could hit $115,000 by year-end.6
WonderFi Technologies: Leading Canada’s Crypto Landscape
We’re not just witnessing a trend; we’re standing on the brink of a financial revolution.
And one forward-thinking company is perfectly positioned to capture this market shift—WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF).
As Canada’s largest regulated crypto trading platform, WonderFi is standing tall in this evolving market, offering breakthrough solutions in trading, payments, and decentralized finance.
WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) now manages over $2.2 billion in assets under custody, marketing an impressive 125% increase year-to-date.7 The company isn’t just playing catch-up—it’s driving change across the industry with groundbreaking products like the WonderFi Layer 2 blockchain and WonderFi Non-Custodial Wallet.
This momentum has driven WonderFi’s platforms to hit record trading volumes and assets under custody, all while breaking new ground in the APAC region, where it is rapidly expanding to capitalize on crypto’s growing popularity.
In November 2024, WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) shattered records with an impressive $8.5 million in revenue and interest income—a staggering 141% jump from October.8
With trading volumes soaring to $450 million and client assets under custody hitting $2.2 billion, WonderFi’s growth trajectory shows no signs of slowing. Even more exciting, user registrations surged to 20,000, marking a pivotal moment as the company continues to dominate the digital asset trading space.
This explosive performance build on an already stellar Q3 2024, where WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) reported $41 million in revenue for the first nine months of the year—a jaw-dropping 153% year-over-year growth.9
Strategic Global Expansion: Breaking New Ground in APAC
Crypto adoption is taking off worldwide, but nowhere is this growth as dynamic as in APAC (Asia-Pacific).
Following high-profile collapses like FTX and Terra, APAC governments have responded by setting a high regulatory standard that’s sparking investor confidence. This proactive regulatory environment is expected to drive $81.5 billion in financial services revenue by 2030.
With WonderFi’s recent acquisition of FX Institutions in Q2 2024, the company has solidified its presence in Australia—where crypto adoption outpaces other developed nations.
Now, with a foothold in this high-growth region, WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) is positioned to dominate one of the world’s most vibrant crypto markets.
Positioned for Growth: WonderFi’s Competitive Edge and Growth Potential
As we mentioned, fiscal 2023 was a standout year for WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF), with significant gains in trading volumes and client assets, solidifying its position as a key player in Canada’s crypto market.
A key move was Coinsquare’s introduction of staking services, which now offers the largest selection of stakeable assets among CIRO-regulated members.10 Since launch, staking has attracted around $100 million across Coinsquare and Bitbuy, underscoring WonderFi’s appeal to both retail and institutional clients.
Despite these impressive achievements, WonderFi’s current valuation remains well below industry giants like Coinbase. This difference points to a substantial growth runway for WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF), positioning it as an attractive opportunity within the evolving crypto landscape.
WonderFi’s 2.5X P/S ratio, stands in sharp contrast to Coinbase’s 15X, highlighting a unique opportunity for investors. As WonderFi expands its offerings and strengthens its foothold, this valuation gap underscores both the company’s solid foundation and its significant growth potential within the dynamic crypto market.
With a diversified portfolio, forward-thinking innovations, and a strong commitment to regulatory excellence, WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) is positioned not only to capture greater market share but also to offer a compelling alternative to higher-valued industry giants.
7 Reasons
Why WonderFi Is a Powerhouse in the Crypto Landscape
WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) isn’t just positioned to ride the crypto wave; it’s building a sustainable growth model that benefits from diverse, dependable revenue streams. Here’s why WonderFi is a must-watch:
1
Launch of WonderFi Labs and Wallet 2.0: WonderFi Labs’ WonderFi Wallet will offer unprecedented access to thousands of cryptos, advanced DeFi tools, and seamless security.
2
Bitcoin and Ethereum Treasury Program: WonderFi Technologies’ (TSX:WNDR) (OTCQB:WONDF) treasury has grown to a $9 million portfolio, with a 30% unrealized gain on BTC holdings.12
3
Coinsquare Alpha and Institutional Focus: Enhanced trading and staking functionality make Coinsquare a top choice for professional investors.
4
Strategic APAC Expansion: With a crypto adoption rate of 23%, Australia presents a major growth opportunity for WonderFi’s OTC trading services.
5
Strong Financial Performance: WonderFi has generated $41 million in revenue in the first nine months of 2024, a 153% increase year-over-year.
6
Consolidated Market Position: With Bitbuy’s integration into Coinsquare, WonderFi now leads as Canada’s largest CIRO-regulated crypto trading platform.
7
Ongoing Developments: Strategic acquisitions and a refreshed mobile app are set to keep WonderFi at the forefront of innovation.
WonderFi’s Vision: A Market Leader with Staying Power
WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) isn’t just poised to benefit from the current crypto boom—it’s positioned to lead.
With products that serve both institutional and retail clients and a team of industry veterans driving its vision, WonderFi has crafted a foundation built for resilience and growth in this ever-evolving landscape.
This is more than a company riding the trend. WonderFi Technologies is set to redefine what a crypto platform can be, creating a legacy that could reshape the financial world.
In this new era of digital finance, WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) is a name to watch. Click here to learn more.
*All figures in CAD unless otherwise stated.