❇️ Key Highlights as the Tradewind Spinout Reaches Advanced Stages ❇️
𝗔 𝗾𝘂𝗶𝗰𝗸 𝗯𝗮𝗰𝗸𝗴𝗿𝗼𝘂𝗻𝗱: In 2023, Wellfield Technologies (TSXV: WFLD) acquired Tradewind Markets Inc.
Tradewind utilizes enterprise blockchain technology to power VaultChain Gold—digitizing physical gold on-chain while it remains securely custodied by the Royal Canadian Mint for its Custodial Participants.
Wellfield made this acquisition to capitalize on Tradewind’s relationships with the Royal Canadian Mint and VaultChain, with demonstrated market fit, currently securing over $200M in digitized gold. However, with all these achievements, we also recognized gaps in the existing platform that limited its functionality and scalability.
Over the past year, we’ve undertaken a major platform upgrade, introducing a new architecture that integrates public blockchain capabilities within a permissioned and secure ecosystem. This enhanced platform supports a broader range of on-chain financial services, enabling a secure trading and investment environment with instant settlement and no counterparty risk.
With these enhancements in place, Tradewind is now ready to scale. To drive its growth, Wellfield has decided to spin out Tradewind through an RTO with a public company.
𝗪𝗵𝘆 𝗮 𝘀𝗽𝗶𝗻𝗼𝘂𝘁?
✅ Unlock capital to expand Tradewind and Wellfield separately
✅ Enable each entity to focus on its own opportunities (gold vs. DeFi)
✅ Enhance visibility with dedicated leadership and investor relations efforts
This transaction values Tradewind at a $20M pre-money valuation, and we believe it meets all our strategic goals while ensuring Wellfield maintains significant exposure to Tradewind’s future success.
𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝘁𝗶𝗺𝗲𝘀 𝗮𝗵𝗲𝗮𝗱! 🚀
#Blockchain #DeFi #Gold #Tradewind #Investment #VaultChain
