Crypto Exchange Coinsquare Announces Planned European Expansionbr>
Canadian crypto exchange Coinsquare is planning to expand into the European market in the fourth quarter of this year.
Founded in 2014, Coinsquare is one of Canada’s biggest crypto exchanges for popular digital currencies. The company currently facilitates approximately $5 billion per annum of cryptocurrency trades and is poised for exponential growth. It supports bitcoin, Bitcoin Cash, ethereum, Litecoin, Dash and Dogecoin. The company is on a mission to grow into a multi-faceted financial services company anchored in blockchain technology.
The planned expansion in Europe is the company’s first attempt to reach a foreign market under the Coinsquare brand.
“Cryptocurrency investors globally want a platform they can trust,” said Thomas Jankowski, Chief Digital and Growth Officer of Coinsquare. “Coinsquare is a regulated, fully-compliant trading platform and we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.”
Cole Diamond, CEO of Coinsquare, said that entering on a massive market like the EU is an exciting step closer to Coinsquare’s vision of becoming a global 21st century financial institution.
“Already the premier cryptocurrency exchange in Canada, we are careful in how we expand internationally to ensure we can offer the same high quality, secure service in every country we operate,” Diamond said.
While the European expansion is Coinsquare’s first international expansion under the Coinsquare brand, it is not the company’s first step in the global cryptocurrency market. Coinsquare Licensing recently partnered with blockchain investment bank DLTa21 to launch a crypto trading platform in Japan. Coinsquare Licensing is a division of Coinsquare that enables domestic and international businesses to offer a crypto trading solution powered by Coinsquare’s technology.