Mogo Acquires 25% Stake in Canadian Token Trading Protocol NFT Trader.

MANews-(C)2009-2022

Canada-based digital payments and fintech company Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) has acquired a 25% investment in Canada-based non-fungible token trading protocol NFT Trader, to expand into the Canadian regulatory landscape, the company said.

Mogo's initial investment is through a convertible note. Mogo has an option to acquire an additional 25% interest in NFT Trader through a secondary purchase of common shares from the founders within six...

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