Canadian crypto trading platform newton_crypto has raised a $20 million Series B round at a valuation of around $200 million. By JamieCrawleyCD
Canadian crypto trading platform Newton has raised a $20 million Series B round at a valuation of around $200 million.
The Series B was led by partners from DV Chain, Newton said on Wednesday. Asset manager CI Financial also participated in the round, along with Singh Capital Partners, Anthony Pompliano, Tiny CapitalNewton is a crypto platform that offers over 60 crypto assets to traders in Canada. It has filed an application for registration as a restricted dealer with the Ontario Securities Commission and the securities regulatory authorities in all other provinces and territories of Canada.
The firm will use the funds to develop its platform and infrastructure, as well as for other general purposes.press releaseLast year, CI Financial's subsidiary CI Global Asset Management became the world's first company to offer both mutual funds and exchange-traded funds offering direct exposure to