FTX Trading Limited, a crypto-asset trading platform, has bought Bitvo, a Canadian crypto asset trading platform.

The deal is FTX’s latest acquisition, and FTX aims to provide its services to its customers in a regulated fashion.

Sam Bankman-Fried, CEO of FTX, commented, “We are delighted to enter the Canadian marketplace and continue to expand FTX’s global reach. Our expansion into Canada is another step in proactively working with cryptocurrency regulators in different geographies across the globe.”