.
MergerLinks Header Logo

New Deal


Announced

Coinsquare to acquire CoinSmart.

Financials

Edit Data
Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

FinTech

Acquisition

Friendly

Domestic

Majority

Single Bidder

Pending

Canada

Public

crypto asset trading platform

Synopsis

Edit

Coinsquare, a Canada’s crypto asset trading platform, completed the acquisition of CoinSmart, a Canadian-headquartered crypto asset trading platform. Financial terms were not disclosed. “This acquisition represents a monumental and exciting milestone for both companies and brings together two industry leading management teams. The cryptocurrency market is going through immense change with regulators defining a roadmap for platforms to operate in Canada. This has led to an ever-increasing cost structure and additional complexity in operating a viable crypto exchange. We feel that scale and operational efficiency matter, and we are well positioned to play a leading role in defining the space in Canada,” Martin Piszel, Coinsquare CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US