Bitcoin and Crypto

FTX Announced Acquisition of Canadian Company Bitvo to Expand Footprint in the North American Country

FTX_Announced_Acquisition
The premier crypto-asset trading platform, FTX Trading Limited (FTX), announced the acquisition of Bitvo, an emerging Canadian crypto-asset trading platform. The acquisition marks another feather in the cap for FTX, whose global footprint has now expanded into Canada. FTX’s mission is to provide its premier solutions to a global customer base.

We are delighted to enter the Canadian marketplace and continue to expand FTX’s global reach. Our expansion into Canada is another step in proactively working with cryptocurrency regulators in different geographies across the globe.”

Sam Bankman-Fried, CEO of FTX

Bitvo is a cryptocurrency asset trading platform that provides a safe and simple way to conduct crypto asset transactions. The company is also the first crypto asset trading platform in Alberta to register as a restricted dealer, enabling it to offer its solutions across all Canadian provinces and territories.

Canada has shown a growing interest in digital asset trading, and we’re thrilled to help provide entry into one of the leading regulated crypto asset trading platforms in the world to the Canadian cryptocurrency community. We look forward to transforming Canadian’s access to the digital asset ecosystem as part of FTX.”

Pamela Draper, CEO of Bitvo

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