The Caisse de dépôt et placement du Québec has made its first cryptocurrency investment, joining growth equity fund WestCap as lead investors in a US$400 million round for Celsius Network that values the cryptocurrency-lending platform at US$3 billion. Here’s what you need to know:
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
On the energy transition, ARC Financial’s Mac Van Wielingen feels ‘a touch of vindication’
Toronto’s BlueCat Networks bought by U.S. PE firm
BlackBerry’s earnings sink, but stock pops on auto, cybersecurity growth
Shopify’s Lütke tells staff to expect slower hiring
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.
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.