Canadian crypto trading platform Coinsquare has announced that it will acquire all issued and outstanding shares of Simply Digital Technologies (Simply Digital), a wholly-owned operating subsidiary of CoinSmart Financial, which owns and operates the CoinSmart trading platform. In addition, Coinsquare is applying to become the first crypto asset trading platform in Canada to be regulated by traders and market members of the Investment Industry Regulatory Organization of Canada (IIROC), and is currently in the final stage of approval. Founded in 2014, Coinsquare has raised over $100 million in funding to date. CoinSmart is also headquartered in Canada and offers cryptocurrency trading services.