Statement on Continuity of OTC Service - Effective June 1st

Following the closing of the acquisition of WonderFi Technologies Inc. by Robinhood Markets, Inc., Coinsquare Capital Markets Ltd. confirms the following operational continuity for institutional OTC clients:

1. Regulatory entity. Coinsquare Capital Markets Ltd., a CIRO-regulated investment dealer, continues to book client flow following close. The supervisory framework, audit trail, and books and records archiving are unchanged.

2. Account. Client accounts continue to be held by Coinsquare Capital Markets Ltd. There is no new account, no client level migration, and no requirement for new onboarding documentation as a result of the acquisition as of today.

3. Pricing and execution. Client pricing terms and execution practices in effect prior to close continue without modification through at least the first 90 days following close.

4. Settlement and operations. Settlement processes, banking relationships, and custody arrangements continue without modification.

5. Coverage. Named coverage assignments for each client account remain in place. The desk leadership structure continues.

6. Service restrictions. The temporary service restrictions communicated to the client base at close (staking, profile changes, pause of OTC services for new clients) do not affect existing institutional OTC accounts. Existing institutional clients may continue to access OTC services without modification.

7. Contact. Clients may continue to reach their named coverage representative through existing channels. For escalation beyond the named representative, the desk head is available directly.  

Any future material changes to the items above will be communicated to affected clients in advance.

Robinhood | Coinsquare Capital Markets Ltd.

Disclosure. Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto assets are not legal tender, are not backed by any government, and are not covered by the Canadian Investor Protection Fund (CIPF).

Crypto services are offered to eligible Canadian customers through an account with Coinsquare Capital Markets Ltd. ("CCML"), a registered investment dealer under applicable Canadian securities legislation. CCML is subject to the oversight of the Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO). CCML's registered address is 371 Front Street West, Suite 304, Toronto, ON M5V 3S8.

Last updated on Jun 01, 2026