WonderFi's Expansion into Australia and the Future of Crypto Industry

Dean Skurka, the president and CEO of WonderFi, along with Tim Lo, the head of the Australia and Asia Pacific markets, spoke with Cointelegraph at the Blockchain Futurist Conference in Canada about the company's recent expansion into Australia and the outlook for the crypto sector. Skurka highlighted that entering the Australian market marked WonderFi's first step in global expansion, citing similarities in demographics and regulations with Canada. He emphasized the company's strategic focus on long-term market service. Skurka also noted the increasing crypto adoption and anticipated advancements in user interfaces. Lo, from WonderFi's APAC markets, shared his perspective on the industry's early stage, foreseeing institutional investors' growing interest in digital assets. He discussed the potential for market growth with the introduction of crypto ETFs in the US. Skurka previously linked retail investors' engagement in digital assets to interest rate cuts and ETF launches, suggesting a gradual increase in market participation over the coming months.