Toronto-based cryptocurrency trading platform Coinsquare said that it has launched operations in 25 countries across the European Union, marking its first international expansion.

The platform supports trading in Bitcoin, Ethereum and other cryptocurrencies.

“From our earliest days, we have focused on building the most compliant and secure trading business in the cryptocurrency space. After building a great deal of new infrastructure, achieving a successful third party financial audit, and securing top-tier Canadian banking, we felt the time was right to expand our offering to another market. We decided to begin with Europe given the size of the opportunity and our ability to offer something unique to that market,” said Cole Diamond, chief executive officer, Coinsquare.

“Europe is a rapidly-growing cryptocurrency market and the cryptocurrency community there is excited to have an option that puts security, compliance, and risk management at the forefront of its offering,” he added.

The move allows European customers to fund their accounts with a variety of funding methods. European users will have access to all major services from including cryptocurrency purchase and trade, Coinsquare Wealth concierge services, Coinsquare APIs for B2B clients, and Coinsquare Capital Markets for institutional and family office investors.

by Parnika Sokhi