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WonderFi Labs Looks to Ride ‘On-Chain’ Tech Wave into Crypto Future

July 19, 2024 by Newsdesk

WonderFi Technologies has unveiled WonderFi Labs, a new innovation and development arm focused on building decentralized applications. This initiative aims to expand WonderFi’s offerings beyond trading platforms. Initial products include WonderFi L2, a Layer 2 blockchain built on Ethereum, and WonderFi Wallet, an EVM-compatible non-custodial wallet.

CEO Dean Skurka emphasized the importance of on-chain solutions for the future of crypto, positioning WonderFi at the industry’s forefront. Led by VP of Engineering Kartik Bajaj, WonderFi Labs will drive innovation and international expansion, leveraging the company’s $1.5B in assets under custody to develop cutting-edge technologies.

Want to know more? Check out the source code on Fintech.ca.

Filed Under: News Tagged With: Cryptocurrency, WonderFi

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