Canadian Investment Giant IGM Could Launch Bitcoin and Ethereum Products in 2022

November 6, 2021 | By | Reply | 27 Readers More


IGM Financial Inc., a 40-year-old Canadian wealth manager, could be next in line to launch Bitcoin and Ethereum services for its clients, suggested the company’s CEO, James O’Sullivan.

  • Founded in 1978, IGM Financial is a large Winnipeg-based investment company with over $260 billion in assets under management.
  • The firm’s Chief Executive Officer – James O’Sullivan – asserted in a recent interview that internal discussions have already begun in regards to adding the two largest cryptocurrencies in the array of available investment assets starting next year.
  • Canada has already displayed a relatively open-minded approach towards the cryptocurrency industry with a clear set of regulatory rules proposed earlier this year.
  • Additionally, the nation’s watchdog has greenlighted several spot Bitcoin ETFs, and investors showed an enhanced appetite for each.
  • Most recently,…

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