Core Points - WonderFi Technologies Inc. has officially launched its subsidiary Bitbuy APAC in the Asia-Pacific region, marking a significant step in its global expansion strategy [1][2] - The company has partnered with Kogan.com, a leading Australian e-commerce platform, to enhance its market presence in Australia [1][4] Company Overview - WonderFi is recognized as the largest regulated crypto trading platform in Canada, with over $1.35 billion in assets under custody, positioning it to serve global crypto participants [5] - The company focuses on both centralized and decentralized financial services and products, including trading, payments, and blockchain technology [5][6] Strategic Developments - Bitbuy has completed its first international crypto trade following the acquisition of FX Institutions Pty. Ltd. in March 2024, and has established a local team in Melbourne, Australia [2] - The company is working towards obtaining an Australian Securities & Investment Commission (ASIC) license to offer derivatives and other financial products in the region [2] Partnership Details - The partnership with Kogan.com includes exclusive promotions for Kogan FIRST members and marketing support from Kogan to promote Bitbuy [4] - Kogan made the first purchase of Bitcoin through Bitbuy APAC, which will be held in their corporate treasury, symbolizing the start of their collaboration [4]
Bitbuy APAC is Now Live in Australia