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Mogo Initiates Process to Obtain Full Crypto Regulatory Approval in Canada
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Mogo Initiates Process to Obtain Full Crypto Regulatory Approval in Canada
Jul 30, 2025 5:57 AM

08:36 AM EDT, 07/30/2025 (MT Newswires) -- Mogo ( MOGO ) , up 5% in U.S. pre-market trading on last look, on Wednesday said it is seeking Canadian regulatory approval to offer crypto trading on its platform. If successful Mogo ( MOGO ) would become one of only two companies in Canada authorized to offer both equity and crypto trading under a single, regulated platform, a statement said.

"The question is no longer whether crypto belongs in a portfolio, it's how to hold it intelligently," said Founder and Chief Executive David Feller. "We're not building a trading tool, we're building a regulated, behaviorally sound platform where crypto plays a deliberate role in wealth creation."

Mogo ( MOGO ) currently offers equity investing via MogoTrade. The company aims to build the only platform where long-term investors can manage both equities and crypto within a unified system. It added that its capital allocation strategy includes a $50 million Bitcoin treasury authorization.

Mogo ( MOGO ) shares were last seen up US$0.08, to US$1.68, in New York pre-market trading.

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