The Toronto-based company said its shares will begin trading Tuesday under the ticker symbol SMRT, days after it was greenlit to be a registered exchange under securities laws. (The Logic)
Skip to content
The Toronto-based company said its shares will begin trading Tuesday under the ticker symbol SMRT, days after it was greenlit to be a registered exchange under securities laws. (The Logic)
Talking point: CoinSmart, founded in 2018, says it has roughly 120,000 users and year-to-date revenue of $7.3 million, already double last year’s figure of $3.6 million. The offering on the Neo will help CoinSmart accelerate its growth in Canada and abroad, where it operates in more than 40 countries, the company said in a release. The listing comes as prices for cryptocurrencies such as Bitcoin and Ether are near all-time highs—a boon for crypto exchanges, which make most of their money from trading fees. Shares in U.S.-based Coinbase, one of the few publicly listed crypto exchanges, have surged by nearly 50 per cent on the Nasdaq in the last month, after falling below their IPO price earlier this year.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: If an AI jobs apocalypse is coming, we’re not seeing it in the data
Briefing
Anthropic says world needs option to slow AI development, as models learn to self-improve
Ottawa taps the brakes on efforts to speed up project permitting
Kevin O’Leary scales back Wonder Valley Utah plans after objections from a key state legislator
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
