Canadian cryptocurrency exchange platform VirgoCX's holding company, Virgo Global, has completed a CAD 5 million financing round with participation from Waterdrip Capital.

BlockBeats news on October 14th, according to globenewswire, Virgo Global, the holding company of Canadian cryptocurrency exchange VirgoCX, has completed a CAD 5 million financing round. Waterdrip Capital, Skylean Capital, Nextport Capital, and other investors participated in this round of financing. The funds will be used to further develop its regulated entity and expand into new regions. In addition, Virgo Global plans to develop a vertically integrated ecosystem from the trading platform to digital asset management to meet the various needs of its users.