Coinsquare Acquires CoinSmart to Create Huge Canadian Crypto Trading Platform | Crypto

Coinsquare Acquires CoinSmart to Create Huge Canadian Crypto Trading Platform

– Coinsquare is set to buy rival CoinSmart in a deal worth around C$29million to establish the company as one of Canadas largest crypto asset trading platforms.
– Following the acquisition and integration, CoinSmart will hold approximately 12 per cent ownership in Coinsquare on a pro-forma basis.
– The combined company has transacted more than $10billion since January 2018. It also has $350million in assets under custody with a combined user base in excess of one million.
– The purchase price is subject to standard post-closing adjustments with closing of the transaction expected during the fourth quarter of 2022.

crypto trading Coinsquare Acquires CoinSmart to Create Huge Canadian Crypto Trading Platform

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