TORONTO--(BUSINESS WIRE)--Quadriga FinTech Solutions Corp. (the “Company”) is pleased to announce that for the six month period ended October 31, 2015, it was the national market leader for volume of digital currency transactions recorded, capturing over 60% of the market share in Canada. Quadriga is a Canadian Financial Technology company with offices in Toronto and Vancouver, and was one of the early entrants in the FinTech digital finance space.
Quadriga’s digital currency platform solutions now have over 12,000 registered customers and the Company recently announced the formation of Canada’s first Blockchain R&D lab. The new research team is developing the next generation of Blockchain applications for finance, including financial crime mitigation.
“We are delighted with Quadriga’s market-leading performance in digital currency trade volumes and customer acquisition,” said Gerald Cotten, CEO of Quadriga. “This success is a direct result of our focus on reliability, security and overall user experience – all of which are critical components for Internet-based FinTech services.”
About the Company
Quadriga FinTech Solutions Corp. is a leading pioneer in the digital currency space. The company provides a wide range of innovative products and services, including Canada’s longest-running Bitcoin trading platform, merchant payment processing platform and Canada’s first R&D lab for Blockchain technology. Quadriga is regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business. FINTRAC is the main supervisory body that oversees and regulates Canada’s financial services industry. With industry-leading security and ease of use, Quadriga is driving innovation in the rapidly-expanding Blockchain and digital currency services sector.
This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the companies believe that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the companies cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and the companies disclaim any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.