Coinsquare Announces Acquisition Of Coinsmart To Create One Of The Largest Crypto Trading Platforms In Canada
Acquiring Company
Coinsquare
Acquired Company
Coinsmart
AmstelveenFinancial ServicesFintechBlockchainCryptocurrencyFinancial ServicesSoftwareSecurityDescription
Coinsquare, Canada’s leading crypto asset trading platform, announced today that it has entered into a definitive agreement dated September 22, 2022 (the “Purchase Agreement”) with CoinSmart Financial Inc. (“CoinSmart”) to acquire all the issued and outstanding shares of its wholly-owned operating subsidiary Simply Digital Technologies Inc. (“Simply Digital”), which owns and operates the CoinSmart trading platform.
Quick answer
Coinsquare is acquiring Coinsmart, announced September 23, 2022.
- How much did Coinsquare pay for Coinsmart?
- The deal value was not disclosed.
- What does Coinsquare do?
- Founded in 2014, Coinsquare, a private company incorporated under the laws of Canada provides customers with a proprietary platform engineered to deliver a robust, secure, and intelligent interface for trading Bitcoin,..
- Where are Coinsquare and Coinsmart based?
- Coinsmart is based in Amstelveen, North Holland, Netherlands.
Source: Fundz verified event record.
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Frequently asked
Who acquired Coinsmart?
Coinsmart was acquired by Coinsquare. The deal was reported on September 23, 2022. Coinsquare is privately held and operates in Financial Services.
When did Coinsquare acquire Coinsmart?
Coinsquare's acquisition of Coinsmart was reported on September 23, 2022. Coinsquare, Canada’s leading crypto asset trading platform, announced today that it has entered into a definitive agreement dated September 22, 2022 (the “Purchase Agreement”) with CoinSmart Financial Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Coinsmart do?
CoinMart is a Netherlands-based cryptocurrency platform dedicated to democratizing cryptocurrency investment and trading in Europe, offering safety & security and modest fees. It is privately held, operating in Financial Services, and is based in Amstelveen.
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