Bitcoin Exchange Quadriga to Go Public in Reverse Takeover

Bitcoin Exchange Quadriga to Go Public in Reverse Takeover

Canada-based bitcoin exchange Quadriga has announced it has entered into an agreement that, if executed, will find the company debuting on the Canadian Securities Exchange (CES) as soon as next month. The news follows a shareholder meeting on 2nd March and a decision by the Supreme Court of British Columbia to allow Quadriga to conduct a reverse takeover of the shell company Whiteside Capital Corporation. Co-founder Michael Patryn indicated that the move will provide Quadriga with increased capital while satisfying what he called the public demand for bitcoin-related investment....


Related News

Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claim...

The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm mandated with administering Quadriga’s liquidation process, says it will not be able to reimburse in full all the claims. Disproportionate Claims As shown in one report, the trustee says it “received completed claim forms from 17,053 creditors of the exchange while a total of 42,957 claims....

Quadriga Will Launch the First Canadian Blockchain R&D Lab

Quadriga Corp is launching Canada's first exclusive research and development lab for Blockchain technology and is already working on its first project. Quadriga Corporation is launching Canada's first R&D lab for Blockchain technology and has already drawn up plans for its very first project. In a press release, Vancouver-based Quadriga, widely known as Canada's largest bitcoin exchange has chalked out the lab's first project - a platform developed to serve two core functions. They are, handling the "onboarding and client data management for financial crime systems" using Blockchain....

Canadian Start-up Quadriga CX Seeks to Install 30 Bitcoin ATMs in Vancouver

A start-up based out of Vancouver's oldest neighborhood, Gastown, is planning to bring a slew of bitcoin ATMs to the city in hopes of cashing in on the current bitcoin revolution taking place. Quadriga CX, as they are known, is actually a bitcoin exchange. They're flexing their business model to sprinkle ATMs throughout Vancouver, and they've placed an order for 30 Project Skyhook ATMs and are hoping to install them in busy retail and restaurant locations. "Just having one of these in your restaurant or venue, it's going to bring in a lot of those younger, technical-savvy, future-thinking....

Quadriga Fintech Solutions to Launch Fleet of New BitXATMs across Canada

A new fleet of BitXATM machines is set to launch across Canada in the coming months. Quadriga CX, Canada's largest Bitcoin exchange, has big plans to install their new SumoPro two-way bitcoin ATMs in prime locations across the country. These units will be delivered in batches of five and placed in several major cities including Vancouver, Toronto and Montreal. In 2014, CAVIRTEX attempted a similar rollout of BitAccess bitcoin ATMs, installing them in Gateway Newstands across Canada. The experiment was far from successful, and the company shut down the endeavor a few months later. They....

Arcane Crypto Lists on Nasdaq First North After Reverse Takeover

The Norway-based investment company is now known as Arcane Crypto AB and trades as "ARCANE."