Canadian compliant crypto exchange Virgo Group completed CAD 5 million in financing, with participation from Waterdrip Capital and others

Odaily Planet Daily News Virgo Group, the holding company of Canadian compliant cryptocurrency platform VirgoCX Inc and Australian trading platform Virgo.co, announced that after receiving 10 million Canadian dollars in Series A financing in 2022, it has once again received Waterdrip Capital, Skylean Capital and Nextport Capital. Waiting for investors to inject an additional CAD 5 million. The new financing will be used to grow its compliance entities and continued plans to expand into new geographies, as well as further solidify its integrated ecosystem from trading to asset management. According to reports, Virgo Group provides a variety of business lines, including compliant digital currency trading platforms, cryptocurrency over-the-counter (OTC) transactions, and digital asset investment management. (GlobeNewswire) In May last year, it was reported that VirgoCX completed 10 million Canadian dollars (approximately US$7.8 million) in financing, led by Draper Dragon, with participation from Cobo Labs, OKX Blockdream Ventures, Molecular Group, Sora Ventures, and How Link Investment.