Author: arnoldobohannon

CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada’s Largest Crypto Asset Trading Platforms

CoinSmart Financial Inc. (“CoinSmart” or the “Company”) (NEO: SMRT) (FSE: IIR), announced today that it has entered into a definitive agreement dated September 22, 2022 (the “Purchase Agreement”) with Coinsquare Ltd. (“Coinsquare”), a leading Canadian crypto asset trading platform, pursuant to which CoinSmart has agreed to sell to Coinsquare all of the issued and outstanding shares of its wholly-owned operating subsidiary Simply Digital Technologies Inc. (“Simply Digital”) (the “Transaction”). The acquisition and integration of these two businesses will establish Coinsquare as one of Canada’s largest crypto asset trading platforms with a diversified and compliant offering across various business lines, including ... Read more