FTX Trading’s Acquisition of Bitvo Inc.

Osler, Hoskin & Harcourt LLP advised Bitvo Inc. on the acquisition.

On June 17, 2022, Bitvo Inc., a Calgary-based crypto asset trading platform, announced that it has entered an agreement to be acquired by FTX Trading. This acquisition marks FTX Trading’s entry into the Canadian marketplace.  Bitvo is registered as a restricted dealer, allowing it to offer crypto asset trading services across all provinces and territories in Canada.

The acquisition is expected to close in the third quarter of 2022, subject to regulatory approval and customary closing conditions.

The Osler team consisted of Kelsey Armstrong and Andrea Whyte (Corporate)(Picture). 

Involved fees earner: Kelsey Armstrong – Osler Hoskin & Harcourt; Andrea Whyte – Osler Hoskin & Harcourt;

Law Firms: Osler Hoskin & Harcourt;

Clients: Bitvo Inc.;

Sonia Carcano

Author: Sonia Carcano