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Crypto Exchange Coinsquare to Set up Shop in Europe by Q4 of This Year

crypto-exchange-coinsquare-to-set-up-shop-in-europe-by-q4-of-this-year

Crypto Exchange Coinsquare to Set up Shop in Europe by Q4 of This Year

Canadian crypto exchange Coinsquare is set to expand its operations to Europe by the fourth quarter of this year.

The move comes as it's eying a $120 million IPO. Raised funds would be used to fund its expansion.

Btc To Cad Exchange , in a move that’s part of its plan to expand its operations throughout the world.

, Coinsquare stated its customers in Europe will have access to all the cryptocurrencies it currently trades on its platform: bitcoin, bitcoin cash, ethereum, litecoin, dash, dogecoin, and XRP.

Europe is notably seen as a growing global cryptocurrency hub. Various crypto exchanges, including Binance, have revealed they plan on expanding their operations to

Citing a recent study, Finance Magnates noted that one in three German millennials have revealed they would consider adding cryptocurrencies to their investment portfolios. Per the cited study, 46% are “seriously considering” investing in a cryptocurrency this year.

Commenting on Coinsquare’s move Cole Diamond, the company’s CEO, stated:

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.