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WonderFi crypto brands Bitbuy and Coinsquare to offer CFD trading via agreement with Eightcap

Canada based crypto trading venue operator WonderFi Technologies Inc (TSE:WNDR) has announced that the company has entered into a non-binding Letter of Intent to form a new partnership with Retail FX and CFDs broker Eightcap and Embedded, its Trading-as-a-Service (“TaaS”) solution.

This collaboration aims to give users on WonderFi’s wholly owned crypto trading platforms, Bitbuy and Coinsquare, access to derivatives across a wide range of popular financial markets, including foreign exchange, major indices, oil, metals, and a curated selection of individual stocks.

These products will be offered as contracts for difference (“CFDs”), which are regulated over-the-counter derivatives that allow users to speculate on asset price movements without owning the underlying…
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