Coinsquare Capital Markets Inc. (“Bitbuy”) is offering crypto contracts to purchase and sell Aave in reliance on a prospectus exemption granted by the Canadian Securities Administrators (CSA) in the exemptive relief decision dated Oct 12, 2022. The statutory rights of action for damages and the right of rescission in section 130.1 of the Securities Act (Ontario) and similar legislation in the other CSA jurisdictions do not apply in respect of a misrepresentation in this statement to the extent that a crypto contract is distributed under the above-noted prospectus relief.
No securities regulatory authority in Canada or any other jurisdiction has expressed an opinion about any of the crypto assets (or crypto contracts) that are available through Bitbuy’s platform, including an opinion that the crypto assets are not themselves securities and/or derivatives.
Bitbuy has compiled the information contained in this Crypto Asset Statement to the best of its ability based on publicly available information. Bitbuy is providing this Crypto Asset Statement on an “as is” basis and makes no representation or warranty as to accuracy or completeness of the contents.
Berachain (BERA) is an EVM-compatible Layer 1 blockchain that uses a Proof of Liquidity mechanism to secure the transactions. The BERA team originally started with an NFT-based project, and launched their Mainnet in February 2025.
As with all assets, investing in BERA is not without some general risks. Many of these risks are identified and explained in our Risk Statement. In addition to the general risks, we outline some risks that are specific to BERA below. While we make an effort to identify every source of risk, we encourage you to do your own research and ensure you are comfortable investing in BERA.
Over 34% of the BERA token allocation has been provided to Initial Investors in the BERA project. This may negatively impact the future price of the asset if these investors sell their token grants.
To be made available for trading on Bitbuy’s platform, a digital asset must pass the following due diligence reviews:
Bitbuy undertakes these three levels of due diligence in order to determine whether the digital asset is compliant with our legal and regulatory obligations, is secure, and has historical data supporting a beneficial business case. Bitbuy’s New Product Committee must provide final approval for a new digital asset to be made available on the platform.
Last updated: March 17th, 2025
