WonderFi launches new mobile apps for its Bitbuy and Coinsquare 2.0 brands, IR-WORLD.com Finanzkommunikation GmbH, Story

WonderFi Technologies Inc. (TSX: WNDR, OTCQB: WONDF) (the “Company” or “WonderFi”), a global leader in centralized and decentralized financial services and products, today announced the launch of new mobile trading apps for its proprietary Bitbuy and Coinsquare brands.

The enhanced Bitbuy and Coinsquare mobile apps 2.0 are now available to all Bitbuy and Coinsquare users and offer a whole host of new, industry-leading features:

– a redesigned home view that combines an improved portfolio chart and investments view with the ability to create up to four different watchlists;

– enhanced portfolio and profit/loss performance tracking with improved time frame capabilities;

– redesigned asset pages that allow you to compare the performance of different assets at a glance;

– an updated investment view that gives users a better overview of the composition of their portfolio and asset allocation;

– a new market page with improved sorting options and search functions;

– a dark mode that offers both iOS and Android users a comfortable and visually appealing experience.

“We are excited about the updated Bitbuy and Coinsquare mobile apps 2.0,” said Dean Skurka, CEO and President of WonderFi. “Our customers have embraced our mobile apps with enthusiasm. More than 85 percent of Bitbuy asset holders and 93 percent of stake participants adopted our last Bitbuy upgrade. We have now integrated even more features requested by our customers and expect 100 percent active usage of the improved apps.”

“Our focus is now on the further development and marketing of absolutely top-class products,” continued Mr. Skurka. “The launch of mobile apps 2.0 is the starting signal for a product roadmap with which we will expand both functions and services and continuously improve the experience for our more than 1.7 million registered users.”

Along with the launch of the new apps, WonderFi has also launched an international marketing campaign focused on the current football season. The message behind the innovative campaign: a comparison of sports betting, which many football fans are familiar with, with betting against Bitcoin, an asset that has already been written off several times by investment experts.

The campaign includes 15-second videos, commercials and digital creative and will be broadcast to sports fans across Canada and Australia through a partnership with leading international sports entertainment platform DAZN.

“With the new campaign, we want to demonstrate the long-term strength of Bitcoin and the digital asset industry to a group of passionate sports fans,” explained Mr. Skurka. “The imaginative and creative design offers a welcome contrast to the typical sports betting commercials that sports fans are familiar with, and instead focuses on illustrating why the crypto market has historically been the better method of betting over the long term.”

The commercials will run throughout the football season and will also be broadcast in other media such as traditional television, connected TV and digital media. The first commercial in the series can be found at this link.

ABOUT WONDERFI

WonderFi is the largest regulated cryptocurrency trading platform in Canada and a global leader in centralized and decentralized financial services and products.

With over $1.35 billion in assets under custody, WonderFi is well-equipped to appeal to crypto participants around the world with its range of services, from trading and payment options to decentralized products, including purpose-built blockchains and non-custodial wallet applications.

The company is focused on offering investors a diversified investment spectrum in the international digital asset ecosystem and has a proven track record in launching new products and obtaining relevant licenses. The company also owns market-leading brands such as Bitbuy, Coinsquare, SmartPay and Tetra Trust.

As the world continues to move toward blockchain, WonderFi is strategically well positioned to gain both market share and wallet share through continued innovation in the digital asset space.

For more information, visit www.wonder.fi.

About DAZN

DAZN is the world’s leading platform for sports entertainment and is present in over 200 markets around the world with European football, women’s football, boxing and MMA, as well as the NFL. DAZN is currently working on building the ultimate sports entertainment platform based on premium sports rights, world-leading technology and multi-platform distribution. DAZN believes that fans all over the world should have the opportunity to watch videos, read, bet, play, share, network or buy tickets and merchandise from just one place, with just one account, one wallet and one app.

For more information about DAZN, our products, people and capabilities, visit dazngroup.com.

This press release is a “recorded press release” within the meaning of the Company’s prospectus supplement dated December 23, 2022 to its short form base prospectus dated September 7, 2022.

For further information please contact:

Press contact
Hayley Suchanek
Kaiser & Partners
[email protected]
289.681.2477

Investor information
Charlie Aikenhead
WonderFi
[email protected]

Forward-looking information and statements

This news release contains certain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of WonderFi Technologies Inc. (“WonderFi” or the “Company”) with respect to future events, plans or objectives, many of which are inherently uncertain and beyond the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “may,” “intend,” “expect,” “believe,” “will,” “projected,” “planned,” “estimated,” “soon,” “potential,” “anticipate” or variations of such words.

By identifying such information and statements in this manner, the Company cautions the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to differ materially from those expressed or implied by such information and statements. In addition, the Company has made certain assumptions in connection with the forward-looking information and forward-looking statements contained in this news release. Among the most important factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are: taxation, controls or regulations and/or changes in the administration of laws, policies and practices and political or economic developments in Canada and other jurisdictions in which the Company does or may in the future do business; and material adverse changes in general economic, business and political conditions, including changes in financial markets and compliance with comprehensive government regulations, decisions to modify, suspend or discontinue certain treasury management strategies. These risks are not intended to be a complete list of the factors that could affect the Company; however, these factors should be carefully considered. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein. The impact of any assumption, risk, uncertainty or other factor on a particular forward-looking statement cannot be determined with certainty because they are independent of one another and the Company’s future decisions and actions will depend on management’s assessment of all the information at the time. For a more detailed description of the risk factors that may affect WonderFi’s business, financial condition and results of operations, please see Management’s Discussion and Analysis and Financial Statements for the period ended March 31, 2024, available on the SEDER+ profile at www.sedarplus.ca are available.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information and statements, and the expectations reflected therein, are reasonable, undue reliance should not be placed on such information and statements, and no representation or warranty can be given that such forward-looking information and statements will prove to be accurate, as actual results and future material events could differ from those anticipated in such information and projections. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update any forward-looking information and/or forward-looking statements contained or referred to in this press release, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this note. All financial amounts mentioned herein are in Canadian dollars unless expressly stated otherwise.

The source language (usually English) in which the original text is published is the official, authorized and legally valid version. This translation is provided for better understanding. The German version may be shortened or summarized. No responsibility or liability is assumed for the content, correctness, appropriateness or accuracy of this translation. From the translator’s point of view, the message does not constitute a recommendation to buy or sell! Please note the original English message www.sedarplus.ca, www.sec.gov, www.asx.com.au/ or on the company website!

Submitted by the IRW-Press News Service of IR-WORLD.com Finanzkommunikation GmbH

The author of the message is solely responsible for the content of the message or research. This message does not constitute investment advice or an invitation to conclude specific stock market transactions.