Origin Merchant Partners is pleased to announce that Mogo Inc. (Mogo) has executed a definitive agreement to acquire 19.9% ownership of the outstanding common shares of Coinsquare Ltd. (Coinsquare), with the option and warrants to increase its interest to 43% at valuations for Coinsquare ranging from $250-350 million. Origin Merchant Partners is the exclusive financial advisor to Coinsquare’s Independent Committee on this transaction.
Coinsquare Since 2014, Coinsquare has provided 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.
Mogo (NASDAQ:MOGO) (TSX:MOGO) empowers its more than one million members with simple digital solutions to help them manage their financial health. Through the Mogo app, consumers can access a digital spending account with Mogo Visa* Platinum Prepaid Card featuring automatic carbon offsetting, easily buy and sell bitcoin, and get free monthly credit score monitoring, ID fraud protection, and personal loans.
Origin Senior Lead: Jim Osler