Canadian exchange Coinsquare plans Asian expansion

12 Jul, 2018
by David Robb
Canadian exchange Coinsquare plans Asian expansion

Canadian crypto exchange Coinsquare is planning to expand into the Asian market in the near future. The exchange, which is based in Toronto, has formed a partnership with a major Japanese investment bank.

DLTa21 is a "global blockchain investment bank", and it has offices in both Japan and Canada. The bank will be ensuring that local regulations in Japan are complied with, while Coinsquare provides the basic financial infrastructure required for this new exchange. Soon after the Japanese launch, the two companies should be expanding into other Asian regions.

“Working with a world-leading investment firm like DLTA 21 to bring a safe, secure, easy digital currency buying and trading experience to Japan is a thrilling next step in Coinsquare’s mission," said Cole Diamond, Coinsquare CEO, in a statement accompanying the announcement. "Japan is a unique market and we’re looking forward to offering our platform’s capabilities to the Japanese market."

Coinsquare is Canada's third-largest cryptocurrency exchange, and will soon be available for public investment on the Toronto Stock Exchange (TSX). After Coinsquare makes inroads into the Asian market, the US and Europe are its next targets.

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