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Crypto Corner Podcast 921: Stocks discussed: (TSXV: WFLD) (TSX: WNDR) (TSXV: CBIT)

Wellfield Technologies to Acquire Tradewind Markets, WonderFi's Bitbuy Partners with Cumberland, and Cathedra Provides Operations Update

 

Vancouver, Kelowna, Delta, BC - January 23, 2023 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market.

Today's podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/012323-CryptoMarket.mp3

Crypto Corner Podcast 921: Stocks discussed: (TSXV: WFLD) (TSX: WNDR) (TSXV: CBIT)

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Stocks discussed: (TSXV:WFLD) (TSX:WNDR) (TSXV:CBIT)

Wellfield Technologies, Inc. (TSXV:WFLD) has signed a definitive agreement to acquire Tradewind Markets, Inc., described as "a US-based operator of a global digital precious metals platform." The latter's core products include: VaultChain Gold and VaultChain Silver, "which offer blockchain based digital ownership of deliverable precious metals." In a previous press release, Wellfield's CEO Levy Cohen, explained:

"Wellfield's proprietary decentralized blockchain technologies are set to bring needed innovation to our existing client base, but they also have broad applicability beyond Bitcoin and Ethereum. This LOI reflects the Company's intent to go beyond cryptocurrency by entering and supporting traditional financial markets and established institutions. We see the large, liquid global precious metals market as a perfect opportunity to showcase the value that Wellfield can bring to commodity market participants, institutional and retail alike."

WonderFi Technologies Inc. (TSX:WNDR) has announced that Bitbuy, its main operating subsidiary, has partnered with Cumberland DRW LLC to further enhance liquidity on Bitbuy's registered crypto asset marketplace. Cumberland is described in the press release as "a specialized crypto asset trading subsidiary within the DRW Trading Group, a diversified principal liquidity provider with more than 30 years of experience in traditional and cutting-edge financial markets around the world." WonderFi's President and Interim CEO, Dean Skurka, said:

"We are excited that Cumberland is collaborating with Bitbuy as a registered crypto-trading platform partner in Canada. By accessing Cumberland's deep liquidity, Bitbuy is now better positioned as it continues to strive to offer its users some of the most competitive crypto prices in Canada."

Cathedra Bitcoin Inc. (TSXV:CBIT) has published an operations update. The company had previously entered into an agreement with Bitmain to purchase 600 new Antminer S19 XP bitcoin (BTC) mining machines to be delivered in monthly increments of 100 machines from July through December 2022, which it then intended to sell. However, on January 3, 2023, the purchaser declined to accept delivery and make payment on the final 200 machines, which resulted in Cathedra retaining the 200 remaining S19 XPs, which produce a total of 28 PH/s of bitcoin mining hash rate. On January 20, 2023, Cathedra deployed 150 of the remaining 200 S19 XP machines at a third-party data center in Tennessee.

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today's commerce experiences. For more information, visit apptechcorp.com.

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