Aquanow Partners to Modernize Financial Services with Crypto Tech

When Vancouver-based Aquanow was named digital innovator of the year by CrossTech at the 2022 Innovation Awards, chief executive officer Phil Sham pointed out how digital asset markets are now 24/7, upending the flows of traditional finance.

And that is exactly where he wants his company positioned.

Advancing this position, Aquanow last year launched a Digital Ventures Fund to support disruptive blockchain technologies.

“At Aquanow, we believe in creating scalable crypto systems that will be a vital part of modern financial services,” stated CEO Phil Sham in September.

In 2024, Aquanow is working with global cryptocurrency exchange Gate.io to “build global liquidity for the next wave of blockchain projects,” according to a recently released statement from the firms. The collaboration aims to bridge traditional and digital currency markets with an innovative solution.

“This partnership with Gate.io, one of the top global exchanges, will help increase access to crypto markets,” says Sham. “Working with Gate.io represents another step towards our goal of ushering in the modernization of financial services using crypto technology.”

Founded in 2013, Gate.io boasts 13 million users who conduct $6B in daily trading volume.

“We’re proud to partner with an organization like Gate.io who has cultivated a strong reputation amongst its 13 million users,” Sham said.

“At Gate.io, our unwavering commitment is to uphold an all-encompassing exchange that provides a seamless trading experience for a diverse range of traders,” stated Lin Han, chief executive of Gate.io

“Teaming up with Aquanow, a leader in the crypto market, marks a significant milestone in our foundational work and growth,” said Han. “Together with Aquanow, our collaboration is set to play a critical role in bridging the traditional and digital currency markets, offering users a comprehensive and innovative solution.”

Aquanow ranks among the fastest growing companies in Canada, according to the Deloitte Technology Fast 500 list.

Aquanow was founded in 2018.