Canadian cryptocurrency trading platform Coinsquare will acquire all issued and outstanding shares of the exchange CoinSmart

2022-09-23 12:21:51
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Coinsquare, a Canadian cryptocurrency trading platform, announced that it will acquire all issued and outstanding shares of Simply Digital Technologies (Simply Digital), a wholly-owned subsidiary of CoinSmart Financial, which owns and operates the CoinSmart trading platform.

In addition, Coinsquare is applying to become the first cryptocurrency trading platform regulated by the Investment Industry Regulatory Organization of Canada (IIROC) as a dealer and market member, currently in the final stages of approval.

Coinsquare was established in 2014 and has raised over $100 million to date. CoinSmart is also headquartered in Canada and provides cryptocurrency trading services. (Source link)

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