Wellfield Technologies, Inc.’s cover photo
Wellfield Technologies, Inc.

Wellfield Technologies, Inc.

Financial Services

Unlocking the future of decentralized finance

About us

Wellfield Technologies, Inc. (TSXV: WFLD) is a young Canadian fintech company specializing in innovative solutions leveraging blockchain technology. Our platform Coinmama, provides seamless access to the cryptocurrency market for over 3.5 million registered users across 180 countries. We offer disruptive on-chain and web3 secure and friendly self-custody solutions through Coinmama. Additionally, Wellfield operates Tradewind Markets platform to digitize and trade real-world assets, including our flagship VaultChain™ Gold and VaultChain™ Silver products.

Website
http://www.wellfield.io
Industry
Financial Services
Company size
51-200 employees
Headquarters
Toronto
Type
Public Company
Founded
2021

Locations

Employees at Wellfield Technologies, Inc.

Updates

  • Wellfield Technologies, Inc. reposted this

    ❇️ 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

  • ❇️ 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

  • The introduction of crypto ETFs represents a significant evolution in the digital asset space. While they offer easier access and potential market stability, they also challenge the fundamental principles of decentralization and individual asset control that cryptocurrencies were built on. The desired impact is for the ETFs to be the introductory stage for new comers that are also less technology savvy, that will soon after transition to self custody of assets and DeFi products.

  • Wellfield Technologies, Inc. reposted this

    🚀  Wellfield is Spinning Off Tradewind! 🚀 We're thrilled to announce that we're spinning off Tradewind as an independent, publicly traded company on the TSXV. This strategic move will allow both Tradewind and Wellfield to focus on their core competencies and drive growth. Key Highlights: - Upon closing, Tradewind will be traded on the TSXV under a new ticker symbol. -Wellfield retains a significant stake in Tradewind, demonstrating our continued commitment. -A portion of Tradewind's shares will be held by new investors. #spinoff #technology #financialnews #investment #innovation #blockchain #digitalgold #wellfield.io #TradewindMarkets #wellfieldTechnologies

    🚀 Exciting News from Wellfield Technologies! 🚀 We’re proud to announce a strategic milestone in our growth journey! Wellfield Technologies is spinning out our subsidiary, Tradewind Markets, through a Reverse Take-Over (RTO) with Leonovus Inc. This move will enable Tradewind to accelerate its mission of transforming gold ownership and trading through blockchain technology. 🗝 Why This Matters: -Tradewind is set to redefine the digital gold market, combining the power of blockchain with secure, real-world assets. -The spin-out strengthens Tradewind’s ability to expand independently and bring innovative decentralized finance (DeFi) solutions to the gold market. -Wellfield will continue to support Tradewind’s platform and its exciting growth trajectory as a major shareholder. This is an important step in our vision to bring decentralized finance solutions into traditional markets, and we are excited to see Tradewind lead the charge in the digital transformation of gold trading. Stay connected with us as we continue to drive innovation in the world of blockchain and finance! #Fintech #Blockchain #DeFi #DigitalGold # WFLD #WellfieldTechnologies #TradewindMarkets #Leonovus #Innovation https://lnkd.in/gg6GrCYu

  • 🚀 Exciting News from Wellfield Technologies! 🚀 We’re proud to announce a strategic milestone in our growth journey! Wellfield Technologies is spinning out our subsidiary, Tradewind Markets, through a Reverse Take-Over (RTO) with Leonovus Inc. This move will enable Tradewind to accelerate its mission of transforming gold ownership and trading through blockchain technology. 🗝 Why This Matters: -Tradewind is set to redefine the digital gold market, combining the power of blockchain with secure, real-world assets. -The spin-out strengthens Tradewind’s ability to expand independently and bring innovative decentralized finance (DeFi) solutions to the gold market. -Wellfield will continue to support Tradewind’s platform and its exciting growth trajectory as a major shareholder. This is an important step in our vision to bring decentralized finance solutions into traditional markets, and we are excited to see Tradewind lead the charge in the digital transformation of gold trading. Stay connected with us as we continue to drive innovation in the world of blockchain and finance! #Fintech #Blockchain #DeFi #DigitalGold # WFLD #WellfieldTechnologies #TradewindMarkets #Leonovus #Innovation https://lnkd.in/gg6GrCYu

  • ⚡ Exciting News from Wellfield: Revolutionizing Institutional Gold Investment! ⚡ We're thrilled to announce that Tradewind Markets, Inc., a Wellfield company, will launch a major platform upgrade to revolutionize the institutional gold investment market. Management is actively exploring business opportunities to spin out Tradewind Markets, considering public listing, funding, and strategic partnerships. Background: Tradewind operates a secure, closed blockchain environment known as the Tradewind Ledger, designed for institutional investors. This environment features VaultChain Gold, a unique digital gold token backed by physical gold securely stored in a sovereign mint. With hundreds of millions of dollars worth of precious metals already digitized, Tradewind is set to transform the digital gold market. The Change: This upcoming platform is a significant leap forward with its cutting-edge technology and substantial advantages: Integrates Fireblocks as the secure gold tokenization engine. Accessible exclusively to authorized institutional investors with round-the-clock access. Instant settlement and no counterparty risk. Delivers significant cost savings with very low fees. Offers spot, yield, and volatility trading solutions. Guarantees physical delivery upon request, backed by a sovereign mint. Tradewind's Future: Wellfield is actively exploring business opportunities to establish Tradewind Markets Inc. as an independent company. This strategic move aims to unlock significant value for Tradewind's customers, partners, and Wellfield shareholders. Discussions with third parties are ongoing, considering alternatives such as public listing, funding, or strategic partnerships. Wellfield's Focus on DeFi: By establishing Tradewind as an independent entity, Wellfield will sharpen its focus on developing innovative decentralized finance (DeFi) technologies and capitalize on the vast potential of the blockchain space.   We are incredibly excited about the future of Tradewind and Wellfield.  Stay tuned for more updates! #Tradewind #DigitalGold #Wellfield

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