A major European crypto exchange with thousands of clients in the EU. To fuel their next phase of growth, they needed to expand beyond Europe and begin serving clients in North America.
The North American market is highly competitive, and time is a critical factor. The process of obtaining a new MSB license in Canada, while relatively quick, still meant several months of downtime and lost opportunity. The client needed a clean, reliable, and turnkey solution that would allow them to start operating “yesterday.”
This was a classic scenario where acquiring a ready-made company was the only viable strategic move. We acted with speed and efficiency:
Sourcing the Asset: We instantly identified an ideal match from our private database: a ready-made Canadian company with an active MSB license, a clean history, and no prior operational activity.
Accelerated Due Diligence: Our team conducted an express due diligence process, confirming the company’s immaculate standing and readiness for transfer.
Seamless Ownership Transfer: We orchestrated the entire ownership and directorship change, preparing all documentation and ensuring a smooth process with the Canadian regulator (FINTRAC).
The client gained access to the North American market in record time, putting them ahead of the competition.
Instant Market Access: The entire process, from initial contact to full control of the company, took less than four weeks.
Operational Readiness: The client was able to immediately begin onboarding Canadian customers and processing transactions.
Efficiency and Simplicity: We handled all the bureaucratic heavy lifting, providing the client with a fully functional business tool.
