Digital Assets and Blockchain Digital Assets and Blockchain

Successful hearing before the Ontario Securities Commission (OSC) and subsequent initial public offering of the first publicly-traded bitcoin investment fund in the world

On October 30, 2019, a panel of the Ontario Securities Commission (OSC) released a decision that will allow 3iQ Corp (3iQ), a Canadian investment manager, to offer the world’s first publicly traded bitcoin investment fund. Since late 2016, 3iQ had been developing The Bitcoin Fund (the...

Lead Office: Toronto Date Closed: April 1, 2020 Value: -

Horizon Blockchain in its US$5 million seed financing round

On March 7, 2020, Horizon Blockchain announced its US$5 million seed financing for their game SkyWeaver. The financing was led by Initialized Capital and will be used to pursue the closed beta test of SkyWeaver. SkyWeaver is a free to play digital trading card game that is built on a...

Lead Office: Toronto Date Closed: -- Value: US$5 million

Venrock's US$15 million Series B investment in Dapper Labs

On November 1, 2018, Dapper Labs, the company behind the world's first and most successful consumer blockchain product, CryptoKitties, raised US$15 million in financing led by Venrock, with participation from GV (formerly Google Ventures) and Samsung NEXT. These funds will be used to...

Lead Office: Toronto Date Closed: November 1, 2018 Value: US$15 million

The dealers in connection with Ether Capital Corporation's private offering of subscription receipts and reverse take-over transaction

On February 23, 2018, Ethereum Capital Inc. completed its private placement of subscription receipts for aggregate gross proceeds of $45 million. The offering was co-lead by Canaccord Genuity and CIBC Capital Markets and included GMP Securities. The proceeds were escrowed pending completion...

Lead Office: Toronto Date Closed: April 18, 2018 Value: $45 million

Paycase Financial Corp. in its agreement with TMX’s Shorcan DCN to launch a new cryptocurrency brokerage service

On March 22, 2018, TMX Group announced that its wholly-owned subsidiary, Shorcan Digital Currency Network, has entered into an agreement with Paycase Financial to launch a new cryptocurrency brokerage service focused on Bitcoin and Ether. Shorcan DCN, together with Paycase, will create...

Lead Office: Toronto Date Closed: -- Value: -

3iQ Corp. in connection with Canada’s first multiple digital currency investment fund

On January 26, 2018, 3iQ Corp. announced that it has agreed to terms and conditions with the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) to act as Canada's first Portfolio Manager and Investment Fund Manager permitted to invest in multiple...

Lead Office: Toronto Date Closed: January 26, 2018 Value: -

Venzee Inc. in connection with its going public transaction through the reverse takeover of a TSXV listed issuer renamed Venzee Technologies Inc.

On December 21, 2017, Venzee Inc. completed its going public transaction through the reverse takeover of a TSX Venture Exchange listed issuer renamed Venzee Technologies Inc. and a concurrent brokered financing of $7.5 million, representing at closing a total market capitalization of...

Lead Office: Montreal Date Closed: December 21, 2017 Value: $31 million

Blockstream Corporation in its $21 million seed round financing

On November 17, 2017, Blockstream Corporation closed its $21 million seed round financing. Blockstream is the leading provider of blockchain technologies, on the forefront of work in cryptography and distributed systems, headquartered in San Francisco, California. Osler, Hoskin &...

Lead Office: Montreal Date Closed: November 17, 2017 Value: $21 million

Citizen Hex in its Seed financing round

On May 23, 2017, Citizen Hex announced the closing of its seed-stage financing round, led by Version One Ventures, OMERS Ventures, and Purpose Investments. Citizen Hex will use the proceeds of the round to build a world-class team of smart-contract programmers. Citizen Hex is a...

Lead Office: Toronto Date Closed: May 23, 2017 Value: -

Blockstream Corporation in its $55 million Series A Financing

On February 2, 2016, Blockstream Corporation announced its $55 million Series A funding to further enhance their sidechain technology, expand operations globally, and support new industry partnerships. Blockstream is the leading provider of blockchain technologies, on the forefront of work in...

Lead Office: Montreal Date Closed: February 2, 2016 Value: $55 million