Crypto exchange leader launches gaming unit to drive adoption of NFTs and tokens


NEW YORK, March 2, 2022 /PRNewswire/ — FTX, one of the largest cryptocurrency exchanges in the world, is launch a new team called FTX Gaming that focuses on the adoption of crypto and non-fungible tokens (or NFTs) in the gaming world. According to an FTX spokesperson, the company is launching a “crypto-as- a-service” through which tokens can be launched and support for in-game NFTs. The exchange’s new gaming-focused team is just another example of the continued drive to introduce products based on blockchain in the gaming space. Companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Voyager Digital Ltd. (TSX: VOYG) (OTCQX: VYGVF), DeFi Technologies, Inc. (NEO:DEFI) (OTCPK:DEFTF), Hive Blockchain Technologies (NASDAQ: HIVE) (TSXV: HIVE), and Riot Blockchain, Inc. (NASDAQ:RIOT) are also part of the industry-wide initiative to increase adoption of DeFi in more sectors.

WonderFi Technologies Inc (NEO:WNDR) (OTC:WONDF) reported rapid user growth within the WonderFi community with a total of 600,000 users as of February 28, 2021. Through the acquisition of Bitbuy, WonderFi plans to bring 389,000 users into the ecosystem.

Since his January 25 launch, WonderFi’s app had over 25,000 unique visits and average daily visits increased by 423% each week. Similarly, Bitbuy saw a 58% increase in new user registrations in Q4 2021 compared to the previous quarter.

WonderFi will bring NFT support to the app in 2022 with the aim of bridging games and cryptocurrencies after the Sun Machine acquisition closes. The company aims to inspire more and more users to adopt blockchain technology by adding new products and integrated solutions to WonderFi.

Ben Samaroogeneral manager of WonderFi commented : “In a very short time, we have reached over half a million users and we are focused on offering a diverse set of high-quality products to these users. The strong synergies between CeFi, DeFi, games and NFTs provide us with a tremendous opportunity to continue to grow our user base and increase the value of the WonderFi ecosystem.”

WonderFi also recently announced the launch of a new divisionWonderFi Interactive Inc., which will help expand the product line WonderFi play-to-earn and NFT game offers. Additionally, the new division will provide users with a new gateway to the WonderFi ecosystem.

The company also announced its new acquisition of Sun Machine Entertainment Inc., a game development studio that owns Go BIG! franchise, available for Android and iOS. The game brings together about 200,000 users of both operating systems in the WonderFi ecosystem. The new WonderFi Interactive division will include Go BIG!, celebrity NFT integration and new game development by 2022 with the aim of attracting more gamers to the WonderFi ecosystem.

The company has significantly expanded its reach through its partnership with, to 3.3 million expected potential customers. WonderFi believes that Limited, one of the largest and most popular online retailers in Australia and New Zealandwill provide Support for WonderFi Technologies Inc. to drive international expansion and user growth.

For more information on WonderFi Technologies (NEO:WNDR) (OTC:WONDF), Click here.

Boom times for DeFi

Voyager Digital Ltd. (TSX:VOYG), one of the fastest growing cryptocurrency platforms in the US recently announcement its revenue and user metric for the second quarter of fiscal 2022. Revenue was $164.8 millionup more than 4,400% compared to $2.5 million in the fourth quarter of 2020. The company intends to launch an NFT product and wallet, to simplify the viewing, acquisition and custody of NFTs for the Traveler customers.

Riot Blockchain, Inc. (NASDAQ: RIOT)a leader in Bitcoin mining and hosting reported on February 4, 2022 it’s january operations updates. The company forecasts self-mining hash rate capacity of 12.8 PE/s by Q4 2022 and provided an update on its infrastructure expansion. riots The 400MW expansion will include a second immersion-cooled building, next to Building D, which is a state-of-the-art, air-cooled Bitcoin mining building.

Hive Blockchain Technologies (NASDAQ: HIVE) (TSXV: HIVE), a technology stock focused on growth in the emerging blockchain industry, just announcement production numbers from its global Bitcoin and Ethereum mining operations for January 2022, of which 264 BTC produced, 1.87 Exhash of BTC mining capacity, 2170 ETH produced and 4.56 Terahash of ETH mining capacity. The company also revealed a BTC HODL balance of 2,043 Bitcoin and 25,404 Ethereum as of January 31, 2022.

DeFi Technologies, Inc. (NEO: DEFI) (OTC: DEFTF) to the intention of launch an Exchange Traded Product (ETP) with SEBA Bank AG, a fully integrated FINMA-licensed digital asset banking platform. The joint initiative will offer crypto asset investment solutions for institutional and retail clients. It will also expand the company’s reach into more markets and with significant institutional capital.

Banks have long been the only financial intermediaries available, setting rules that dictate who can participate and who cannot. WonderFi Technologies Inc (NEO:WNDR) (OTC:WONDF) seeks to use technology to change games, finance and decentralized tools.

DISCLAIMER: (MSC) is the source of the article and content listed above. References to any issuer other than the Issuer Profiled are for the sole purpose of identifying industry participants and do not constitute an endorsement of any issuer or a comparison with the Issuer Profiled. FN Media Group (FNM) is a third-party publisher and news delivery service provider, which delivers electronic news through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The comments, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not in any way reflect the views or opinions of FNM. Readers of this article and its contents agree that they cannot and will not seek to hold MSC and FNM responsible for the investment decisions of their readers or subscribers. MSC and FNM and their respective affiliates are a provider of information delivery and financial marketing solutions and are NOT registered dealers/analysts/investment advisers, do not hold any investment license and may NOT sell, offer to sell or offer to buy securities.

The article and business-related content profiled represent the personal and subjective opinions of the author (MSC) and are subject to change at any time without notice. The information provided in the article and the content have been obtained from sources that the author considers reliable. However, the author (MSC) has not independently verified or investigated all of this information. Neither the author, MSC, FNM, nor any of their respective affiliates warrant the accuracy or completeness of this information. This article and its contents are not and should not be considered investment advice or a recommendation regarding any particular stock or course of action; readers are strongly advised to speak with their own investment adviser and review all documents filed by the profiled issuer with the Securities and Exchange Commission before making any investment decision and should understand the risks associated with investing in the securities of the profiled issuer, including but not limited to the total loss of your investment. FNM was not paid by any public company mentioned here to distribute this press release, but was paid twenty five hundred dollars by MSC, an unaffiliated third party to distribute this version on behalf of WonderFi Technologies Inc.


This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “shall” or “should”, “expects”, “anticipates”, “draft”, “possibly” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ. significantly from those projected. in forward-looking statements due to various factors and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings by that company with the Securities and Exchange Commission. You should consider these factors when evaluating the forward-looking statements included herein and not place undue reliance on such statements. The forward-looking statements contained in this release are made as of the date hereof, and MSC and FNM assume no obligation to update such statements.

Media Contact:
FN Media Group, LLC
[email protected]



About Author

Comments are closed.