Dean Skurka of WonderFi Discusses Onboarding Users to Blockchain and Canada's Cryptocurrency Advancements

Since joining Bitbuy in 2018, Dean Skurka has overseen significant growth, transforming into WonderFi, a company that now manages $2 billion in client assets across 1.7 million accounts. Skurka is now focusing on the company's next phase, including the launch of a Layer-2 blockchain in partnership with zkSync and expanding into the Australian market, which he believes offers both regulatory clarity and high adoption rates. In a conversation with CoinDesk, Skurka outlined WonderFi's approach to connecting users to decentralized finance (DeFi) and discussed the evolving landscape of centralized and decentralized exchanges. He emphasized the importance of regulatory clarity, citing Canada's history with cryptocurrency and the need for clearer guidelines on innovative products like DeFi applications and derivatives. WonderFi is working closely with Canadian regulators to establish trading and staking guidelines, aiming to encourage entrepreneurs to develop products within the country. Skurka also noted a shift in interest from Canadian institutional investors, such as family offices and private equities, towards digital assets. Beyond Canada, Skurka is looking to expand into other regions, starting with Australia, due to its clear regulations and strong crypto adoption. He acknowledged the challenge of volatility in the industry, which affects user sentiment and business outlook, but expressed confidence in WonderFi's ability to navigate these fluctuations.