- Bitbuy, the cryptocurrency platform owned by WonderFi Technologies ( OTCQB:WONDF ) ( TSX: WNDR:CA ), is planning to introduce fractional trading and investing in U.S. stocks and exchange-traded funds starting in Q1 2023 .
- Bitbuy teamed up with AlpacaDB, a fintech startup that offers Crypto and stock trading, to provide its customers with real-time fractional trading and instant settlement through Alpaca's Broker API.
- "Stock trading through Bitbuy promises to be extremely efficient, low cost and innovative in the Canadian market," said Kevin O'Leary, the famed Shark Tank investor who has a stake in WonderFi.
- The move will diversify the company's offerings as it brings "key asset classes within our easy-to-use, regulated platforms," said WonderFi CEO Ben Samaroo.
- In January, WonderFi agreed to buy Bitbuy for $206M .
For further details see:
WonderFi's crypto trading platform Bitbuy to launch stock, ETF trading