WonderFi Provides Update on WonderFi Labs and Investment Portfolio | WONDF Stock News

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Apr 14, 2025
  • WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) expands Wonder Wallet to support Bitcoin and Solana.
  • Company sells majority stake in Tetra Trust Company for $8.75 million CAD.
  • WonderFi Labs launches ‘Wonder to the Future’ hackathon in conjunction with the Blockchain Futurist Conference.

WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF), a leader in financial services, announced key developments related to its WonderFi Labs initiatives. Enhancements to its flagship Wonder Wallet include new support for Bitcoin and Solana, thereby expanding its multi-chain capabilities. These updates aim to offer a seamless experience for Web3 newcomers.

Adding to its forward momentum, WonderFi has been designated as a lead sponsor for the upcoming Blockchain Futurist Conference in Toronto on May 13, 2025. Concurrently, WonderFi Labs will launch its inaugural hackathon, 'Wonder to the Future', scheduled from May 13-31, focused on innovative application development using the Wonder Chain's gasless transaction model.

In a strategic financial maneuver, WonderFi has divested the majority of its stake in Tetra Trust Company for $8.75 million CAD, while retaining a minority interest. This sale aligns with WonderFi's broader strategy to bolster its centralized crypto brands and widen its Web3 product suite.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.