Canada

March 3, 2021 @ 2:54 pm By Samantha Hurst  |  

CoinRise, a trading and investment firm, announced on Wednesday that following its Bitcoin ETFs trade developments, it is planning to expand its services in Canada. Coinrise describes itself as a premium online trading platform that offers professional services for a wide variety of online traders…. Read More

March 1, 2021 @ 12:23 pm By JD Alois  |  

Kevin O’Leary, aka Mr. Wonderful, has become a crypto fan. During a discussion on CNBC today,  O’Leary said he was allocating a portion of his portfolio, reported to be around 3%, into Bitcoin. In the past, O’Leary has been less than complimentary of crypto in… Read More

February 26, 2021 @ 4:42 pm By Omar Faridi  |  

The research team at McGill is reportedly collaborating on the potential design for the new Bank of Canada digital currency. Professors Katrin Tinn and Christophe Dubach have jointly proposed a new design for a “cash-like” central bank digital currency or CBDC which will aim to… Read More

February 26, 2021 @ 11:28 am By JD Alois  |  

TD Bank will shutter 82 branches as it seeks to reduce physical locations and cut costs as the transition to digital banking forges ahead. Yesterday, TD announced financial results for the first quarter ended January 31, 2021. TD reported earnings of CDN $3.3 billion, up… Read More

February 24, 2021 @ 9:46 pm By Omar Faridi  |  

Pulse of Fintech H2’20, a bi-annual report on international Fintech investment developments released by KPMG, notes that global Fintech funding across mergers-and-acquisitions (M&A), private equity (PE) and venture capital (VC) stood at $105 billion across 2,861 different deals in 2020. This was reportedly the third-highest… Read More

February 24, 2021 @ 1:54 pm By Samantha Hurst  |  

Flybits, a Canada-based digital experience platform for financial services, recently announced the launch of its privacy-first guided opt-in experience.  Flybits reported that the experience was designed with the consumer in mind and aims to create valuable digital experiences by allowing individuals to control their personal… Read More

February 23, 2021 @ 10:30 am By JD Alois  |  

SIX, the operator of the Swiss and Spanish Stock Exchanges, has taken a majority stake in Canadian AI platform Orenda Software Solutions. SIX states the acquisition is a step is part of its strategy to help its customers drive more insights with data and analytics… Read More

February 22, 2021 @ 7:24 pm By Omar Faridi  |  

Ubitquity LLC, an enterprise-grade blockchain-enabled platform for real estate and title recordkeeping, is teaming up with LavaTrust Consultancy in order to gain key insights into the US real estate closing sector. Headquartered in Vancouver, BC, Canada, LavaTrust Consultancy aims to bring its industry expertise and… Read More

February 20, 2021 @ 11:21 am By Omar Faridi  |  

Zac Prince, CEO and Co-founder at BlockFi, a fast-growing digital assets platform, notes that with just two weeks in, the company’s Bitcoin trust is just ”a pinch” under the $100 million mark (in total BTC holdings). 2 weeks in, BlockFi’s Bitcoin trust is just a… Read More

February 19, 2021 @ 8:38 am By Omar Faridi  |  

As digital assets investing continues to become more widely adopted by institutional clients, Canada is introducing its second cryptocurrency exchange-traded-fund (ETF). The Ontario Securities Commission (OSC) has reportedly approved the second Bitcoin ETF from Evolve Funds, which has come only a few days after the… Read More

February 19, 2021 @ 7:52 am By Samantha Hurst  |  

  Canadian banking group Scotiabank announced earlier this week the launch ofC.MEE, which is described as a new technology that uses big data and artificial intelligence (AI) to enable even better customer experiences (CX) with the bank’s platform.  According to Scotiabank, C.MEE uses the banking… Read More

February 18, 2021 @ 2:48 pm By Samantha Hurst  |  

      Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly owned subsidiary, Carta Worldwide, a modern card issuing platform, is expanding into the U.S. As previously reported, Carta is described as a modern open-API issuer platform… Read More

February 16, 2021 @ 10:00 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), which is the owner of Netcoins (Netcoins.ca), the online digital currency brokerage that makes it convenient for Canadians to purchase, sell, and learn about cryptos, and the owner of Blockchain Intelligence Group (BIG), a developer… Read More

February 15, 2021 @ 7:22 pm By Omar Faridi  |  

Researchers at Bloqport have confirmed that publicly-traded firms and fund managers now hold approximately $60 billion worth of Bitcoin (BTC), which is around 6% of the digital asset’s circulating supply. Publicly-traded companies and fund managers now hold around $60 billion worth of #Bitcoin, roughly 6%… Read More

February 15, 2021 @ 11:08 am By Omar Faridi  |  

Dapper Labs, which is the company behind highly-popular digital collectibles like NBA Top Shots and CryptoKitties, has finalized an initial tranche of bridge financing. Dapper Labs confirmed that it plans to secure as much as $50 million in capital. Last year,  Dapper Labs had acquired… Read More

February 14, 2021 @ 10:33 am By JD Alois  |  

Last month, the Capital Markets Modernization Taskforce in Ontario, Canada, issued its final report as to how to improve capital formation and affiliated economic growth and prosperity. The Taskforce’s goal was to “address the issues of tomorrow’s capital markets with bold and innovative recommendations that… Read More

February 12, 2021 @ 10:39 am By Samantha Hurst  |  

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday its plans of expansion of crypto trading within the Today Mobile wallet allowing holders to purchase and transact in cryptocurrency. XTM reported that as previously announced this past summer… Read More

February 9, 2021 @ 12:24 pm By Samantha Hurst  |  

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday its plan to launch a direct deposit program to all of its Today cardholders. According to XTM, the Today program has been adopted and rolled out to thousands… Read More

February 8, 2021 @ 11:18 am By Samantha Hurst  |  

  Canadian cryptocurrency platform Coinsquare announced on Monday the launch of its new Quick Trade mobile app. The simple to use app makes buying and selling digital assets quick and convenient, with customers able to easily manage their portfolio of digital assets.  According to Coinsquare, The… Read More

February 4, 2021 @ 9:33 am By Samantha Hurst  |  

  Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly-owned subsidiary, Carta Worldwide, has expanded into Japan in support of the TransferWise launch of its multi-currency debit card in the country. According to Mogo, Carta’s modern open-API issuer… Read More