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Stock impact report

Mogo Announces Minority Investment in Canada’s First Regulated Custodian for Cryptocurrency Assets

Mogo Inc. - Common Shares (MOGO) 
Company Research Source: Business Wire
Coinsquare-backed company Tetra Trust meets growing need for a regulated custody provider in CanadaMogo invested in Tetra Trust alongside strategic investors including Coinbase Ventures, Canadian Securities Exchange and Coinsquare VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced a new minority investment in Tetra Trust Company (“Tetra Trust”), which launched today as Canada’s first qualified custodian for cryptocurrency assets.Tetra Trust’s core business is the custody and storage of cryptocurrency assets including bitcoin, ether and a variety of other digital assets. Prior to Tetra’s launch, the Canadian market for cryptocurrency custody was limited to U.S. providers and unregulated Canadian custodians. For additional information on Tetra Trust, please refer to the company’s recent press release.In addition to Mogo, Tetra Trust is backed by several indust Show less Read more
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