These are WonderFi, Coinsquare and CoinSmart exchanges. Sinisterly cunning guys - as soon as they form a monopoly within one country, given globalization
Anyway. The name of the single platform was not reported at the time of writing, but it is stated that the platform will become the largest crypto exchange on the Canadian market. The depository accounts of the formed exchange will have $600 million, and the client base will exceed 1.6 million users. As part of the deal, WonderFi will issue 269.7 million shares to Coinsquare and just over 119 million shares to CoinSmart. The distributed shares of the new enterprise will be 43% and 19%, respectively. WonderFi will hold a 38% stake in the company. The assessment of the newly formed site has not been specified. The attempt from Canadian “enthusiasts” is interesting, how Canadian exchanges will lure their citizens.