Vancouver’s Aquanow has announced the regulatory approval of its subsidiary AQN Digital to operate as Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer by the British Columbia Securities Commission (BCSC) and as Portfolio Manager and Commodity Trading Manager by the Ontario Securities Commission (OSC).
Aquanow is a leading infrastructure provider that enables institutional clients for trading and payments with digital assets. Each month, billions of dollars in value pass through their platform for a broad range of financial services.
AQN Digital was established to provide Canadian investors with convenient and safe access to digital assets.
Leveraging the significant experience and infrastructure built at Aquanow, AQN Digital will bring its combined digital assets expertise and investment backgrounds to deliver innovative solutions for its partners and clients.
“AQN Digital will provide Canadians with exciting opportunities to invest easily and securely for exposure to crypto markets and blockchain technologies,” said Phil Sham, CEO of Aquanow and Chairman of AQN Digital.
“Alongside Aquanow, we look forward to AQN Digital being an industry leader, contributing to the evolution of the digital asset class in Canada in partnership with our clients and regulators.”
Established in 2018, Aquanow currently has over 70 team members.