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New Deal


Announced

WonderFi to acquire Bitbuy for $206m.

Financials

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Transaction Value£152m
Consideration TypeCash, Ordinary Shares, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

cryptocurrencies

FinTech

Acquisition

Friendly

Majority

Domestic

Pending

Canada

Single Bidder

Synopsis

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WonderFi, a technology company, agreed to acquire Bitbuy, a platform for cryptocurrencies, for $206m. "The integration of WonderFi and Bitbuy is a huge step forward in our mission of democratizing finance through easy and secure access to DeFi and crypto," Ben Samaroo, WonderFi CEO.

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