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Why Did WonderFi Just Acquire Blockchain Development Firm Blockchain Foundry? – WonderFi Technologies (OTC:WONDF)

Adm1n by Adm1n
November 8, 2022
in Blockchain
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Why Did WonderFi Just Acquire Blockchain Development Firm Blockchain Foundry? – WonderFi Technologies (OTC:WONDF)
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Know-how firm WonderFi WONDF has introduced the acquisition of Blockchain Foundry Inc (BCF), a blockchain development firm.

BCF, established in 2016, develops and commercializes blockchain-based enterprise options specializing in NFT and digital asset infrastructure.

Earlier this 12 months, BCF launched Metacademy, a “learn-to-earn” academic platform centered on sensible Web3 studying, and LastKnown, an NFT minting platform and market for NFTs.

Additionally Learn: Binance To Acquire FTX.com As It Faces ‘Liquidity Crunch’: Here Are The Early Details

BCF’s integration into WonderFi’s Web3 enterprise ecosystem will give their full product line a right away enhance in scale by connecting them to the corporate’s 600,000 consumer base throughout its Bitbuy and Coinberry platforms, the corporate mentioned in an announcement.

“We’re excited to shut this transaction and convey the BCF mental property in-house,” mentioned WonderFi President and Interim CEO, Dean Skurka.

“Now we have identified this firm for a very long time and are excited by the prospects of integrating their mental property into our core choices within the close to time period,” he added.

The corporate acknowledged that the acquisition will speed up the expansion of full-service Web3 initiatives by improved shopper channels and a bigger growth ecosystem.

Additionally, it’s going to present materials shopper and operational synergies throughout BCF’s full product suite and growth initiatives.

Now learn: The FTT Debacle: Want To Cash In? Here’s What Experts Said After Binance Selloff



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