Wonderfi Technologies Inc. Acquires Blockchain Foundry – Nasdaq Listing – RICH TV LIVE – September 7, 2022 – #wonderfitechnologies #blockchainfoundry #richtvlive #nasdaq #news #crypto #nfts #education #cryptocurrency #richtv #money #investing #stocks
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Join our trading school now we have some huge huge huge updates for wonderfuy technologies put them on your radar put them on your watch list wndr in canada w-o-n-d-f in america now huge acquisition of blockchain foundry a toronto-based company that is in the nft space and in blockchain education we love nfts here at rich tv live we love cryptocurrencies we
Love cryptocurrency education and we love wonderfi technologies wonderful technologies has also acquired bit by and coinberry so this is a list of acquisitions that continue to impress with a company that is really focused on regulations and doing things legally and properly which is one of the reasons why we are full disclosure shareholder and wonderful and
One of the reasons why we believe that their future looks bright in addition they’ve also made the application to the nasdaq so they have incredible opportunities coming in the future let’s take a look at all the news right here right now exclusively on rich tv all right let’s talk about the news wonderful to acquire blockchain foundry in an all stock deal
So a lot of people been asking me about this deal a lot of people asking me for their opinion a lot of people want to know if they overpaid if they underpaid what do you think of this deal do you think this makes them better so first and foremost i want to remind everyone that you can go to rich tv.io an ecosystem built by investors for investors you can start
For free and learn about companies like wonderfi technologies that are undervalued under-appreciated underexposed and learn all that’s going on with those companies so for example you just go to wonderfi technologies we have 61 members in there and growing and you can go in there and chat and talk and communicate with other members from all over the world and
Talk about all the biggest breaking news now let’s talk about blockchain foundry so this is a deal that could be a big winner for them and despite the ongoing crypto winter wonderfi remains active in its acquisition strategy entering an agreement to acquire toronto-based blockchain foundry here’s their website blockchainfoundry.com in an all share deal so
It hasn’t cost them any cash and wonder if i said it expects around 26.2 million of its common shares to be issued to shareholders of bcf as consideration representing approximately 13.4 percent of the issuing outstanding shares of wonderful love to know what you think do you think this is a good deal should they be doing this with stock a spokesperson for
Wonderful i told betta kit that bcf’s acquisition is worth around 12.6 million canadian founded in 2016 bcf blockchain foundry develops and commercializes blockchain based business solutions with a focus on infrastructure for digital assets and nfts nfts are non-fungible tokens if you’ve been watching rich tv or you’ve been following me on social media i’ve
Been collecting and talking about nfts a lot and it’s exciting to see that they’re getting very heavily involved here is wonderful with digital assets and nfts company also provides blockchain consulting services to corporate clients so love to know what you think about this acquisition of blockchain foundry led by ceo dan waziluk bcf trades on the canadian
Securities exchange otc markets and the frankfurt stock exchange earlier this year bcf launched last known an nft minting platform and marketplace so you can see here they break down their nfts and decentralize finance consulting services new products and latest news and press so yes so they launched last known nft minting platform and marketplace for nfts
Most recently bcf partnered with private investment from the palmer group to launch a beta version of med academy so you go to their website you can see here there’s last known and there’s net academy you want to learn more just click on read more and you can learn more about these products so an educational platform focused on hands-on learning about web3 and
We love what we see with web3 and we love everything to do with nfts for the remainder of the year bcf said it will be dedicating its time to further developing last known and med academy while also bringing two other products to market nf keys a token gating solution and foundry swap bcf solution to connecting tokens from ciscoins nevm blockchain to its
Base utxo blockchain without the need for third-party software bcf’s acquisition according to the company will add immediate scale to its product suite through wonderfuy’s user base across its bit by and coinberry platforms now wonderful has done an amazing job with these acquisitions you can see this is a symbol on the tsx toronto stock exchange wndr they
Also announced that they are going to make the application and hopefully upgrade to the nasdaq you can see under its brands bit by coinberry and unifi wonder five provides access to the best that the crypto ecosystem has to offer and now you can add blockchain foundry to the mix so you can see the symbols here in canada the tsx wndr on the otcqb w-o-n-d-f
And in frankfurt germany a 3 c 166 and on ftx a tokenized security wndr so this is bit by and a lot of people have been asking me about the bit by deal i think this is a good deal and we’re going to talk about why vancouver-based wonderful which trades on the toronto stock exchange otc markets and fsc provide access to digital assets such as crypto defy
Gaming and nfts in a compliant and regulated environment wonderfire recently submitted an application to list its common shares on the nasdaq which we’re really excited about capital markets citing plans to accelerate its international expansion strategy as well as attract global institutional and retail investors in march wonderful closed its acquisition of
Bit by in a deal worth 206 million dollars it later completed its purchase of coinberry in july allocating 38.5 million in wonderful stock for the transaction so this is bit by a crypto destination of investors and bit by’s website looks like this bitbuy.ca and you can learn more right on their website you can see you can download it on the app store or google
Play 400 000 plus canadian served five billion in crypto traded and you can see where they’ve been featured and regulated and you can buy a bit sell a bit and these are some of the tokens that you can purchase trade buy and sell on bit buy so lots of different coins fast funding and withdrawals with canadian funds they do interact credit card and bank wire
Canada’s secure and trusted platform very important that they’re safe and secure compliant and regulated transparent and competitive and that’s what wonderful is trying to do is they’re trying to really be a compliant exchange which really has never been done before at this level that wonderful is trying to do it ben samuru ceo of wonderfi technologies and if
You go to about us you can learn more about their team and partners click on team partners and there’s ben samaru right there so what do you have to say about this acquisition and about some of these deals said the current economic conditions in the crypto market have made it attractive for wonderful to be able to acquire companies like blockchain foundry once
Again this is the website for blockchain foundry and acquisitions which have the potential to complement wonderful’s core operating crypto asset trading platforms bit by and coinberry so we showed you a little bit of a bit by the bit by and this is coinberry’s website coinberry.com so lots of good acquisitions and i like the fact that they are acquiring these
Assets in a bear market that could mean that they are underpaying for some of these assets so it’s good to see that they’re doing this while also adding cash so they added cash to these transactions liquid digital assets and a portfolio of private emerging crypto investments to wonder phy’s balance sheet since wonderful has purchased a bit by samrud said in june
That wonderful has reduced its staff across two businesses by between 15 and 20 percent as reported in wonder 5’s third quarter financial results in 2022 bit by’s full quarter report was included in wonderful’s consolidated results for the first time according to wonderfuy it’s continuing to optimize bit by operations including strategic alignment of technology
And resources as of june wonderful reports it has 356 million in total assets it’s pretty impressive considering they’re just getting started and they’ve been around for about a year 356 million in total assets including 15 million in cash and 5.6 million in crypto assets and inventory it also holds 187 million of assets under custody for customers so i’d love
To know what you think about these transactions do you like these transactions uh i would love to get your opinion do you think that they overpaid for this do you think that they underpaid do you think that this is going to age well you can see here uh the acquisitions of bit by and coinberry and how they’ve really beefed up wonderful and now the acquisition
Of blockchain foundry really giving them an entrance into the nft space and very excited to see how they’re going to be able to you can see here with last known a curated multi-chain digital asset marketplace for artists looking to develop their art into nfts through a customized nft minting platform so very excited they’re going to have a big focus on nfts
Because i absolutely love nfts and with med academy the world’s first to earn while you learn cryptocurrency and nft courses you’ll understand everything by doing it practice without worrying about mistakes scams or dead ends do it yourself step by step and risk free so i love the idea of educating people and the public and investors about cryptos about nfts
Uh they are very risky full disclosure i want to make sure that everyone knows that i am a shareholder of wonderfuy i am a holder of nfts i’m a holder of crypto so please do your due diligence do your research before you invest in anything that we talk about or discuss here on rich tv if you’d like to join our website and ecosystem you can absolutely free at
Rich tv dot io where you’re going to learn about different opportunities like wonderful technologies with our ecosystem and community of investors from all over the world and love to know what you think about these acquisitions about these deals and the direction that wonderful is going very excited to hear that they are making the application to the nasdaq
And that they are getting deeply rooted in all areas of cryptocurrencies and nfts what do you guys think of the news what do you think about this update if you’re not winning you’re probably not watching we bring in the news we bring in the analysis we bring in the education and we’d like to bring it to you first love to know what you think it’s your boy rich
From rich tv what do you think about wonderfuy’s acquisition of blockchain foundry are you experiencing the wonderful difference no exposure to risky lending platforms access to top defy tokens and indexes and really a focus on being compliant which is what is in my opinion going to separate wonderful technologies from a lot of the competitors in the marketplace
And i love the strategic investors and partners here sam bankman freed one of the biggest most well recognized and successful people in the crypto space and the founder of ftx exchange kevin o’leary obviously uh dragon’s den shark tank a strategic investor with wonderfuy and josh richards young entrepreneur who has a huge following leonard lachmann strategic
Investor so some big names and big brains working behind the scenes and working at the front of wonderfi technologies and promotional partners how can you not know kyle lowry uh winning a championship for the toronto raptors really has changed his life and everyone who is a toronto raptors fan’s life he’s a promotional partner and devlin defrancesco a promotional
Partner as well with wonderful technologies all right what do you guys think of the news we’ll keep you guys updated if there’s any other interviews or any big news that happens with wonderful technologies we’ll bring it to you first if you’re not winning you’re probably not watching it’s your boy rich rich tv and i’m out you
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Wonderfi Technologies Inc to Acquire Blockchain Foundry – Nasdaq Listing – RICH TV LIVE By RICH TV LIVE