Coinsquare Explained

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

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]

External links

• • TAPA COIN (cryptocurrency exchange)
• Pulsechain Name Service (PNS)

Notes and References

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