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Coinsquare Raises $10.5 Million Series A

Toronto based crypto trading platform Coinsquare has raised a $10.5m Series A led by an undisclosed global asset manager.

goNumerical-owned Coinsquare, a Toronto-based cryptocurrency platform for buying and selling bitcoin, has raised a $10.5 million Series A investment with a $110.5 million post-money valuation. Coinsquare has reported profitable operations, and Riot Blockchain, which invested in the company in September, says it has grown over 300 percent in several different financial metrics.

Tags

funding, cryptocurrency