Bitbuy Technologies Inc.the first approved crypto market in Canada, will allow users to trade and invest in US stocks and ETFs on a fractional basis.
Head quarter WonderFi Technologies Inc. WNDR WONDF recently completed a series of acquisitions, including Bitbuy in January.
See also: Kevin O’Leary applauds acquisition of WonderFi
It is now listed on the Toronto Stock Exchange and is considered the very first regulated digital asset exchange in Canada to do so.
These events cemented WonderFi’s position as a key “gateway to the digital economy”, as co-founder and CEO. Ben Samaroo said at the time.
Additionally, through a newly created relationship with Alpaca, WonderFi will leverage Alpaca’s Broker API to provide Bitbuy customers with the tools to instantly settle and split-trade stocks.
This makes “Bitbuy the first platform in Canada to offer a full suite of crypto trading as well as split trading of U.S. stocks with real-time settlement,” Samaroo said in a statement.
See also: Meme Overshining DeFi coin theme heading into 2022: These coins saw the biggest gains in the past week
First funder Kevin O’Leary added that it was “a great decision” that should reduce costs for Canadian investors while providing them with a seamless gateway to “decentralized financial services”, as he said earlier in the article. year.