CoinSmart Financial (CoinSmart), one of Canada’s leading crypto asset trading platforms, has made a strategic investment in NFT cross-bridge marketplace, Curate.
The partnership agreement includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority stake in the company later this year. CoinSmart expects to complete the first tranche of this investment around 30 April, 2022.
Curate is the world’s first blockchain agnostic, gasless, NFT marketplace that serves as a multichain bridge between major chains such as ethereum (ETH), solana (SOL), binance smart chain (BNB), algorand (ALGO), elrond (EGLD), and avalanche (AVAX).
The partnership will see CoinSmart take an active equity stake in Curate’s NFT marketplace, with the two companies working collaboratively on future projects to bring further adoption to the digital asset ecosystem.
