Coinsquare

Last updated
Coinsquare
IndustryCryptocurrency
Website coinsquare.com/en-ca/

Coinsquare is a Canadian cryptocurrency exchange company regulated by the Investment Industry Regulatory Organization of Canada. [1] [2]

Contents

In July 2023 Coinsquare closed a merger agreement with fellow Canadian crypto companies CoinSmart and WonderFi in a three way deal. [3] [4] [5]

Funding

In 2018, Coinsquare raised $30 million in funding led by Canaccord Genuity Corporation. [6] [7]

Data breach

In November 2022, it was reported that Coinsquare had suffered a data breach. [8] According to MSN, Coinsquare have stated that although user logins may have been compromised, no malicious activity has been detected. [9]

References

  1. ↑ Durrani, Temur (2022-11-10). "FTX collapse affecting investments by Canadian businesses, organizations". The Globe and Mail. Retrieved 2022-11-29.
  2. ↑ "COINSQUARE CAPITAL MARKETS LTD". IIROC. 2022-10-12. Retrieved 2022-11-29.
  3. ↑ Adams, Cobi (26 July 2023). "WonderFi Coinsquare Coinsmart Merge as Landmark Canadian Crypto Deal Closes". betakit.com. Retrieved 2023-07-26.
  4. ↑ "WonderFi, Coinsquare and CoinSmart Announce Closing of Business Combination". Yahoo Finance. 2023-07-10. Retrieved 2024-04-02.
  5. ↑ Schecter, Barbara (10 Jul 2023). "WonderFi, Coinsquare and CoinSmart join forces to create Canadian crypto giant". Financial Post. Retrieved 9 April 2024.
  6. ↑ "Crypto Exchange Coinsquare Secures $30 Million in New Funding". ca.movies.yahoo.com. 2018-02-08. Retrieved 2024-04-09.
  7. ↑ Coinsquare. "Canadian digital currency exchange Coinsquare closes record $30 million investment". www.newswire.ca. Retrieved 2024-04-09.
  8. ↑ Munawa, Frederick (26 November 2022). "Major Canadian Crypto Exchange Coinsquare Says Client Data Breached". markets.businessinsider.com. Retrieved 2022-11-29.
  9. ↑ "Canadian crypto exchange Coinsquare suffers data breach". MSN. Retrieved 2022-11-29.
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