Toronto based cryptocurrency exchange Coinsquare has raised a $30m funding round from Canaccord Genuity, after raising a $10.5m Series A in December 2017.
The funding, according to the company, "will be used to fuel a global growth plan and diversification strategy focused on making the platform even more responsive to mainstream customers' needs." Part of that push will include hiring as many as 100 employees over the coming months, with an eye to have 200 employees working for the exchange by the second quarter of this year Bloomberg Markets reported in January that the company is eyeing the U.S. and U.K. markets, and is also planning an initial public offering (IPO) in Canada for Sept. 2018. Coinsquare hopes its IPO will serve to establish the exchange as a reputable entity in the eyes of investors.
https://www.coindesk.com/crypto-exchange-coinsquare-secures-30-million-new-funding/?via=indexdotco