M&A Deal Summary

Coinsquare Acquires StellarX

On February 14, 2019, Coinsquare acquired internet software and services company StellarX

Acquisition Highlights
  • This is Coinsquare’s 2nd transaction in the Internet Software and Services sector.
  • This is Coinsquare’s 1st transaction in Bermuda.

M&A Deal Summary

Date 2019-02-14
Target StellarX
Sector Internet Software and Services
Buyer(s) Coinsquare
Deal Type Add-on Acquisition

Target

StellarX

Hamilton, Bermuda
Diamond Ltd. is a global decentralized crypto platform. Diamond Ltd. is based in Hamilton, Bermuda.

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Buyer(S) 1

Buyer

Coinsquare

Toronto, Ontario, Canada

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Coinsquare provides digital asset traders a proprietary trading platform engineered to deliver a robust, secure, and intelligent interface for trading Bitcoin, Ethereum, Litecoin, and other digital assets. Coinsquare’s products and services also include Coinsquare Wealth for qualified individuals and institutions. The company's Wealth service provides customers with an OTC desk featuring institutional grade liquidity, dedicated account management its Account Director, and a suite of other investment products focused on digital assets. Coinsquare was formed in 2014 and is based in


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Bermuda M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-06 BlockEQ

Toronto, Ontario, Canada

BlockEquity, Inc. is cryptocurrency wallet on the Stellar network. BlockEquity is based in Toronto, Ontario.

Buy CA$12M