CoinSmart Financial Inc.

Recent News

  • CoinSmart Announces Voting Result of Special Meeting of Shareholders

    Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, announces that 99.99% of common shares represented by proxy at its Special Meeting of Shareholders (the "Meeting") held on June 20, 2023, were voted in favour of the CoinSmart Arrangement Resolution (as defined below).A total of 36,134,685 common shares, or 59.98% of the issued and outstanding common shares of CoinSmart, were represented by proxy at the...

    2023-06-20 3:51 PM EDT
  • CoinSmart Announces 2022 Financial Results

    Toronto, Ontario--(Newsfile Corp. - March 28, 2023) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart" or "CFI"), a leading Canadian headquartered crypto asset trading platform, announces the release of its audited consolidated financial statements for the year ended December 31, 2022 and related management discussion and analysis ("MD&A") and Annual Information Form. These documents will be posted on CoinSmart's website at www.coinsmart.com/invest and SEDAR at www.sedar.com.CoinSmart's 2022 Highlights:2022 Gross Revenue reached $13.3MM a decrease of approximately 20% YoY...

    2023-03-28 5:58 PM EDT
  • CoinSmart Accepts Repudiation of Share Purchase Agreement by Coinsquare, Intends to Seek Monetary Damages

    Toronto, Ontario--(Newsfile Corp. - February 2, 2023) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart" or "CFI"), a leading Canadian headquartered crypto asset trading platform, announces that as a result of Coinsquare Ltd. ("Coinsquare") failing to close, it has accepted Coinsquare's repudiation of the Share Purchase Agreement dated September 22, 2022 between CoinSmart and Coinsquare respecting the sale of all of the issued and outstanding shares of Simply Digital Technologies Inc., being CoinSmart's wholly-owned operating subsidiary (the "Share...

    2023-02-02 5:23 PM EST
  • CoinSmart Achieves Record Monthly Revenue of $1.94 Million in November

    Toronto, Ontario--(Newsfile Corp. - January 5, 2022) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, today announced record preliminary unaudited monthly revenue in November 2021 of approximately $1.94 million1. This represents a 7% increase compared to October 2021 and was primarily driven by increased trading volume.November 2021 Highlights:Record Monthly Revenue of $1.94MM Assets Under Management (AUM) of $71MMCash Flow PositiveApprox. $18.3MM in cash and cash equivalents and $3.2MM in crypto assets...

    2022-01-05 7:00 AM EST
  • CoinSmart Announces Grant of Marketplace Registration Status by Canadian Securities Regulators

    Toronto, Ontario--(Newsfile Corp. - December 23, 2021) - CoinSmart Financial Inc. (NEO: SMRT) (FSE:IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, announced today that its wholly owned operating subsidiary Simply Digital Technologies Inc. has been granted status as a Marketplace by all Canadian securities regulators.CoinSmart is only the second platform in Canada to achieve this relief, allowing customers to trade crypto assets securely through a fully regulated platform.Earlier this year, CoinSmart was one of the first crypto trading...

    2021-12-23 7:00 AM EST
  • CoinSmart Achieves Record Monthly Revenue of $1.8 Million in October

    Toronto, Ontario--(Newsfile Corp. - November 30, 2021) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, today announced record preliminary unaudited monthly revenue in October 2021 of approximately $1.8 million[1]. This represents a 24% increase compared to September 2021 and was primarily driven by increased trading volume.October 2021 Highlights:Record Monthly Revenue of $1.8MM Record Assets Under Management (AUM) of $74MMCash Flow PositiveApprox $18MM in cash and cash equivalents and $3MM in crypto...

    2021-11-30 7:00 AM EST
  • CoinSmart Officially Launches Digital Asset Trading App with Full Off-Ramp Capabilities

    Toronto, Ontario--(Newsfile Corp. - November 17, 2021) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart" or the "Company") (https://www.coinsmart.com/), one of Canada's leading digital asset trading platforms, has announced the official launch of its new mobile trading app for iOS and Android devices. The intuitive, simple to use mobile app streamlines the onboarding, digital asset buying, selling and trading process, while providing customers instant access to many of the most popular cryptocurrencies on the market.To coincide with the app's...

    2021-11-17 7:00 AM EST
  • CoinSmart Announces Q3 2021 Financial Results

    Toronto, Ontario--(Newsfile Corp. - November 15, 2021) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart"), a leading Canadian headquartered crypto asset trading platform, announces the release of the financial statements of Simply Digital Technologies Inc. ("Simply Digital") for the interim period ended September 30, 2021 and related management discussion and analysis ("MD&A"). These documents will be posted on CoinSmart's website at www.coinsmart.com and SEDAR at www.sedar.com.Simply Digital is the "reverse takeover acquirer" for the reverse takeover transaction that was...

    2021-11-15 7:00 AM EST
  • CoinSmart Announces Dual Listing on Frankfurt Stock Exchange and Provides Update on Expanding European Operations

    Toronto, Ontario--(Newsfile Corp. - November 8, 2021) - CoinSmart Financial Inc. (NEO: SMRT) (FSE: IIR) ("CoinSmart" or the "Company") the online crypto asset trading platform that makes the buying, selling, and holding of crypto assets accessible and trusted for all, is pleased to announce that the Company's common shares (the "Shares") have commenced trading on the Frankfurt Stock Exchange (the "FSE") under the trading symbol "IIR".CoinSmart is one of only a few Canadian crypto asset trading platforms to be fully...

    2021-11-08 7:00 AM EST
  • CoinSmart Announces Public Listing on NEO Exchange; Trading Begins Today Under Symbol "SMRT"

    Toronto, Ontario--(Newsfile Corp. - November 2, 2021) - CoinSmart Financial Inc. (NEO: SMRT) ("CoinSmart" or the "Company") the online crypto asset trading platform that makes the buying, selling, and holding of crypto assets accessible and safe for all Canadians, is pleased to announce that the Company's common shares (the "Common Shares") will commence trading today on the Neo Exchange Inc. (the "NEO Exchange"), under the ticker symbol "SMRT".Today's listing on the NEO Exchange follows the Ontario Securities Commission registration of...

    2021-11-02 7:00 AM EDT

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