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TORONTO and VANCOUVER, British Columbia, July 10, 2018 (GLOBE NEWSWIRE) -- GoNumerical Ltd. (“Coinsquare”), Canada’s premier cryptocurrency exchange, and DLTA 21 Blockchain Corp. (“DLTa21"), a global blockchain investment bank, today announced a strategic partnership to launch a centralized cryptocurrency trading platform for customers in Japan.
The new partnership will combine Coinsquare’s robust digital currency trading platform technology with DLTa21’s Japan and Canada based team of experts in trading, compliance, and blockchain / distributed ledger technologies (DLT).
The new trading platform is to be launched under the DLTa21X brand name after receiving all required regulatory approvals in Japan. The DLTa21X platform will provide customers in Japan innovative ways to trade approved digital currencies via a safe, affordable, regulation-compliant, and user-friendly interface backed by highly-responsive customer service.
With an established customer base and one of the most secure digital currency trading platforms in the world, Coinsquare is committed to high growth opportunities in the digital currency and blockchain space, including in Japan.
B. Matthew Hornor, Executive Chairman of DLTa21, said, “We are delighted to collaborate with Coinsquare as our strategic digital currency trading platform partner in Japan. In addition to fast-growing interest in Japan to develop world-class decentralized applications on the blockchain (dApps), Japan reportedly accounts for the majority of global Bitcoin trading. DLTa21 is committed to offering Japan’s 3.5 million plus cryptocurrency exchange traders truly world-class solutions and security.”
Cole Diamond, Chief Executive Officer, Coinsquare, commented, “I’m excited for this monumental step in Coinsquare’s history. 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. Japan is a unique market and we’re looking forward to offering our platform’s capabilities to the Japanese market.
While customers in Japan will be the initial focus of the DLTa21X cryptocurrency exchange, based on applicable laws, regulations and restrictions, going forward DLTa21X plans to expand to other Asian markets as well.
Macquarie Capital Markets Canada Ltd. acted as exclusive financial and strategic advisor to DLTa21
DLTa21 was launched in April 2018 as a global blockchain investment bank active in several fields: DLTa21X, which, in partnership with Coinsquare, will launch a centralized cryptocurrency exchange in Japan; DLTa21 Ventures, which employs rigorous strategic due diligence methodologies to invest in and incubate the most promising blockchain startups; and, a unit trust fund, DLTa21 Cayman Fund, which offers accredited investors quantitative cryptocurrency trading strategies and opportunities to invest in carefully-screened, early-stage blockchain startups
Coinsquare is Canada’s most secure digital currency trading platform for buying, selling, and trading Bitcoin, Ethereum, and other digital currencies. Since our founding in 2014, we’ve never lost a coin.
Remaining steadfastly focused on transparency, risk mitigation, and building an open-minded culture, Coinsquare is on a mission to grow into a multi-faceted financial services company anchored in blockchain technology.
For more information, contact:
Stefan Palios, Interim Head of Marketing
Forward Looking Statements
Certain statements made in this press release may constitute forward-looking information under applicable securities laws. These statements may relate to anticipated events or results and include, but are not limited to, expectations regarding the terms the Offering and receipt of related regulatory approvals, the Closing Date and other statements that are not historical facts. Particularly, information regarding our expectations of future results, targets, performance achievements, prospects or opportunities is forward-looking information. Often, but not always, forward-looking statements can be identified by the use of forward-looking terminology such as "may" "will", "expect", "believe", "estimate", "plan", "could", "should", "would", "outlook", "forecast", "anticipate", "foresee", "continue" or the negative of these terms or variations of them or similar terminology. Forward-looking statements are current as of the date they are made and are based on applicable estimates and assumptions made by us at the relevant time in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances. However, we do not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada. There can be no assurance that such estimates and assumptions will prove to be correct.