Coinsquare, Canadian cryptoexchange attracted $ 47.3 million

Home » FINTECH » Coinsquare, Canadian cryptoexchange attracted $ 47.3 million
2018-02-10
Coinsquare, Canadian cryptoexchange attracted $ 47.3 million

Coinsquare, the cryptocurrency exchange based in Canada, announced the closure of the investment round under the control of Canaccord Genuity. The site managed to attract $ 30 million. The last round of the Rounds A was held in December 2017 – then Coinsquare received $ 10.5 million, but did not disclose the name of the asset management company responsible for financing.

We see a huge confidence of investors in the business model of Coinsquare. In just four months, we attracted $ 47.3 million – a remarkable result for this industry. We have a completely different approach, unlike most other platforms for trading digital currencies. Virgil Rostand, the founder of Coinsquare, was a pioneer in this field and a veteran of the banking industry. He built an unsurpassed platform in Canada, using very high standards of security, “Coinsquare executive director Cole Diamond said.
Currently, the company has 90 employees, but in Coinsquare plan to increase the staff to 200 people before the end of the second quarter of 2018. According to the site itself, its database includes more than 100,000 registered customers.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,074.81
  • ethereumEthereum$165.13
  • rippleXRP$0.328241
  • tetherTether$1.01
  • eosEOS$5.35
  • stellarStellar$0.115381
  • litecoinLitecoin$79.42
  • cardanoCardano$0.084498
  • tronTRON$0.026694
  • moneroMonero$67.94
  • iotaIOTA$0.320145
  • nemNEM$0.066030
  • dashDash$120.89
  • neoNEO$11.36
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018