M&A Deal Summary

WonderFi Acquires Blockchain Foundry

On November 7, 2022, WonderFi acquired information technology company Blockchain Foundry

Acquisition Highlights
  • This is WonderFi’s 1st transaction in the Information Technology sector.
  • This is WonderFi’s 2nd transaction in Canada.
  • This is WonderFi’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2022-11-07
Target Blockchain Foundry
Sector Information Technology
Buyer(s) WonderFi
Deal Type Add-on Acquisition

Target

Blockchain Foundry

Toronto, Ontario, Canada
Blockchain Foundry develops and commercializes blockchain-based business and consumer solutions, with a focus on infrastructure for digital assets and NFTs. BCF also provides blockchain consulting services to corporate clients. Blockchain Foundry was founded in 2016 and is based in Toronto, Ontario.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

WonderFi

Vancouver, British Columbia, Canada

Category Company
Sector Internet Software and Services
Revenue 58M CAD (2024)
DESCRIPTION

WonderFi is a technology company with the mission of creating better access to DeFi through the core principles of simplicity and education. WonderFi has a multi-pronged business strategy which includes a high-growth consumer finance app which will serve as a trusted gateway to the new financial system, and a digital asset portfolio which consists of leading crypto and DeFi assets. WonderFi is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 Bitbuy

Toronto, Ontario, Canada

Bitbuy is a digital asset marketplace and restricted dealer. Bitbuy's mission is to provide its clients the best global prices, the deepest liquidity, and the most digital asset products in Canada with a convenient, dependable, and secure platform. Bitbuy is proudly registered as a restricted dealer and is Canada's first registered digital asset marketplace in Canada. Bitbuy's head office is in downtown Toronto, with over 85 employees. In addition to its registration as a Marketplace and Restricted Dealer, Bitbuy is also registered with FINTRAC as a Money Services Business under the Virtual Asset Service Provider category. Bitbuy was founded in 2016.

Buy CA$206M