WonderFi Technologies Inc., a company known for offering centralized and decentralized financial services, has signed a non-binding Letter of Intent (LOI) with Eightcap and Embedded. The partnership focuses on expanding financial offerings for users of WonderFi’s crypto trading platforms, Bitbuy and Coinsquare.

Eightcap Bridges DeFi and TradFi Trading

Under the terms of the proposed collaboration, users of Bitbuy and Coinsquare will gain access to a variety of derivatives, including those based on foreign exchange, major indices, oil, metals, and individual stocks. These products will be offered as contracts for difference (CFDs), The Globe and Mail reported.

“This collaboration is another major step forward in bridging decentralized finance (DeFi) and traditional finance (TradFi). It will allow crypto traders to seamlessly trade both crypto and TradFi assets in a secure and regulated setting,” Patrick Murphy, Chief Commercial Officer of Eightcap, commented.

Eightcap, a fintech company founded in 2015, will provide the necessary trading technology and liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. The company, which is globally regulated, offers Trading-as-a-Service (TaaS) solutions through Embedded, a platform designed to help partners like WonderFi deliver derivative products on their platforms. This collaboration will enable the integration of CFDs for Bitbuy and Coinsquare in Canada and Australia.

Huge step forward for the @WonderFi team this morning!

The move to offer multi-asset trading will empower our users with greater access to global financial markets, all within @bitbuy and @Coinsquare, trusted ecosystems they already know and love! https://t.co/5WuhqAinXK

— Dean (@wonderfi_dean) March 5, 2025

Eightcap Delivers CFDs, Liquidity to Bitbuy

The integration of Eightcap's technology aims to provide a fast and efficient market entry, enhancing the trading experience for users. As part of the partnership, Eightcap will also manage liquidity and settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term processes to ensure seamless market interaction for Bitbuy and Coinsquare users.

The rollout of these new offerings is expected in the second half of 2025, pending the finalization of agreements and regulatory approvals in both countries. The deal was independently sourced by WonderFi, with no finder's fees or third-party payments involved.