WonderFi Technologies Inc., CoinSmart Financial Inc. and Coinsquare Ltd. had said on July 10 that a deal to combine their cryptocurrency operations received approval from the bureau
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The merger of CoinSmart, Coinsquare and WonderFi would put together nearly $600-million in combined assets under custody from a customer base of around 1.6 million Canadians
When combined, the WonderFi, Coinsquare and CoinSmart companies will have over Can$600 million (410 million euros) in assets on deposit, according to a joint press release