Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company “by surprise.”
Web3
Tokens.com’s metaverse subsidiary acquires NFT minting platform CocoNFT
Metaverse Group aims to use CocoNFT’s platform to expand in the creator economy.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data
Users pool their data together through Delphia with the goal to improve investment strategies.
FTX fallout could set back investment in Canadian crypto companies for years, experts say
“Gone are the days of not doing full due diligence.”
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
Dapper Labs lays off 22 percent of staff
Vancouver tech startups Dapper and Hootsuite both made layoffs this week.
WonderFi swaps CEOs, plans hedge against crypto volatility with stock trading and sports betting
New CEO brings operational experience as WonderFi looks to diversify beyond crypto to find new revenue streams.
ChainSafe closes $25.7 million CAD Series A to build blockchain-agnostic Web3 tools
COO: fundraising in current market “separates the true builders from the noise.”
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year.
Tobi Lütke, Round13 part of $40 million USD Series A for blockchain gaming startup Horizon
Web3 and traditional gaming companies like Ubisoft, Take-Two also invested in Horizon.
Metaverse startup TerraZero seeks TSX-V listing through reverse takeover
TerraZero is owned by the parent company of crypto trader Netcoins.
Cognitive 3D secures $2.5 million to help companies better understand immersive experiences
Startup uses analytics in 3D environments to research consumer behaviour.
With $20 million, Goldsky aims to make blockchain data easy to use
Plaid founders Zach Perret and William Hockey invested in Goldsky.
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.