TechFlow news — Canadian fintech company Mogo (MOGO) has established Mogo Ventures to manage its C$124 million (approximately US$99 million) investment portfolio.
Mogo Ventures will be led by Mogo CEO Greg Feller, with senior investor and trader Michael Wekerle heading the newly formed investment committee.
Of its C$124 million portfolio, C$103.8 million comes from a 39% stake in Canadian crypto exchange Coinsquare, along with C$1.7 million in BTC and ETH holdings. Other investments include cryptocurrency and Web3 platforms such as Gemini, NFT Trader, and Tetra Trust, as well as gaming companies Enthusiast Gaming (EGLX) and Eleven Gaming.
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