“Wonderfi’s CEO, A SPEAKER AT Consensus 2025, Outlines The Firm’s Layer-2 Ambitions, Australia Expancing, Regulatory Heps for Canada, and How Volatility Impacts.”, – WRITE: www.coindesk.com
But Skurka isn’t just sitting on a domestic Empire-he’s Building Outward.
In a Conversation with Coindesk, Wonderfi’s President and CEO, Dean Skurka, Detailed his Company’s Next Chapter: Launching A Layer-2 BlockChain in Partners “Checks Both Boxes” of Regulatory Clarity and Strong Adoptation. He Also Discussed the Outlook for Centralized Exchanges and How Canada’s Crypto Landscape is Changing.
Here is an edited and shortsion of his consversation with Coindesk, AHEAD OF HIS APPEARANCE AT Consensus 2025 in Toronto.
Layer 2 PushThe Centralized Exchange SAID IN FEBRUARY THAT IS LAUNCHING A LAYER 2 BLOCKCHAIN BASED ON ZKSYNC TO CONNECT ITS USERS TO DECENTRALIZED FINANCE (DEFI).
“” “” “” WHEN weing about the long-teng-term trend Across the Industry, we see a Reaally a Really Strong synergy between Centralized exchanges, while the users arsiginating originating, while the users a aneminating, while the users aneminating .iginating. bridge to everything’s happering on chain today. ”
Skurka Says Wonderfi’s Knowledge of Running Trading Platforms, Regulatory Credability, and Asset Base Gives It An Edge Over a Pletora of Other Layer Layer 2s.
Unlike Some Other Rival Layer 2 Chains Launned with Spring token Incentives or Vc Hype, Skurka Says Wonderfi’s Approach is more Ground and Long-Lasting. IT Plans to Foster Long-Term Use Through Builder Incentives, Hackathons and EcoSystem Support.
Centralized VS Decentralized ExchangesRacher than Viewing Decentralized Exchanges As Competitors for Centralized Exchanges, Skurka Sees Them As Extensions. Centralized Exchanges Provide the Bridge for First-Time Users to Go from Buying and Selling Crypto on Regulated and Trusted Platforms to-On-Chain Activities that Open Upn Up. Crypto EcoSystem.
”[Centralized exchanges] Are Building Out The Components That Will ALLOW THEIR USERS TO Seamlessly Interact on Chain, But at the Same Time Building Up The Capabilites On the Exchange Side to Look More AKINE TRADITITIPIAAL We Think Will Create Incremental Value On Both Sides Over The Next 5 to 10 Years, “He Said.
Evolution of Crypto in CanadaWonderfi is a dominant exchange in canada, and able to Obern How The Crypto Landscape is Changing in the Country.
Canada have a strong crypto history – ereum and the first Spot Bitcoin etf Were Both Born there. IT WAS ALSO ONE OF THE FIRST COUNTRIES TO HAVE A REGulatory Framework for Crypto Trading Platforms.
“Some of the More Innovative Products and Services that exist withis this Space Have MOVED OFFSHORE OR OUTSIDE OF CANADA BECAUSE OF THE LACK Products Such as Defi Applications, Layer 2 Blockchains and Derivatives.
Wonderfi is Now Aiming to Change That, After Working Closely with Canadian Regulators to Create Trading and Staking Guidelines.
“We are working hand in handh regulators to give at them comfort on some of the Newer, more innovital Products and Services, and Hopefully that stablers, devil Canada and Build Products with Confidentnce, “Skurka Added.
And with the us Now Become More Open to Crypto and Many Exchange-Traded Funds Open to Investors, The Mindset in Canada Is Starting to Shift as Well. Wonderfi, which have was been a mostly retri-dotil-dominated platform, is now see see see see see seeny of exopits and priest dishes of dissects aster-exopities in the exopities astest-exopities in the exopitits and privities of distates and privities and privities and privities and privities and privities.
“I Think that’s Been A Really Big Shift Over The Last Year, and that’s Something [institutional investors’ interest] That we expert to realy Accelerate in the Next Few Years, “Skurka Said.
Australia and BeyondSkurka isn’t stopping at canada; He is look to expand his company’s reach to open, Starting with australia – a Country Skurka Describes as Haring “Clear, Concise Regulation” and A Strong Crypto Adopto.
“Australia Was a Really Good Market for US to Target Initialally, and from there, we’ll Really look for Other Markets,” Skurka Said.
The Mighty VolatilityLike The Crypto’s 24/7 Nature, A CEO’s Job in this Fast-Paced Industry is Never Done.
In Skurka’s Case, It’s Exactly Wht, Him Up at Night: Volatility – Something that Shapes the Industry Perception and Sentiments.
“IT’s Probably Just the Short-Term Volatility that Really Impacts of the Outlook on the Business and Has An Impact on the USers, The Staff, and The Team Morale. And So It’s Really. We Can, “Skurka Said.
But Having Been in the Industry Since 2018 and Navigating Extreme Ups and Downs, He’s Learned to Ride Out the Valativity.
“I Think We Have A Really Good Handle on It, and We’ve Got A Really Strong Team that Understands the 24-HOUR Nature of the It Business— The volatility of the trees Business-
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