Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues2.8m13.6m13.6m
% growth-386 %-
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DateInvestorsAmountRound
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N/A

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$15.0m

Early VC
*

$20.0m

Valuation: $200m

Series B
Total Funding€31.8m

Recent News about Newton

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More about Newtoninfo icon
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Newton is a pioneering cryptocurrency brokerage based in Canada, offering a unique no-fee trading platform for digital currencies. The company allows users to buy and sell popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, among others, without incurring any trading fees. This makes Newton an attractive option for both novice and experienced traders looking to maximize their investment returns.

Newton primarily serves Canadian clients, providing them with a seamless and cost-effective way to engage in cryptocurrency trading. The platform is designed to be user-friendly, enabling clients to start trading immediately with up to $10,000 in instant funds. This feature is particularly beneficial for those who want to capitalize on market opportunities without delay.

Operating in the burgeoning cryptocurrency market, Newton distinguishes itself by offering high liquidity and competitive spreads. Liquidity refers to the ease with which assets can be bought or sold in the market without affecting their price. Competitive spreads mean that the difference between the buying and selling price of an asset is minimal, which is advantageous for traders.

Newton's business model revolves around providing zero-commission trading, which is a significant departure from traditional brokerage firms that typically charge fees for each transaction. Instead, Newton makes money through the spreads on the trades. By offering globally competitive prices and access to millions of dollars in daily trading volume, Newton ensures that its clients receive some of the best prices available in the market.

The company's dedication to fairness and transparency is inspired by Sir Isaac Newton, who, in addition to his scientific achievements, played a crucial role in reforming the British currency system. This historical reference underscores Newton's commitment to building a financial system that is more open, fair, and democratic.

In summary, Newton is revolutionizing the way Canadians trade cryptocurrencies by offering a no-fee, high-liquidity platform with competitive spreads and instant trading capabilities.

Keywords: cryptocurrency, no-fee trading, Bitcoin, Ethereum, Litecoin, Canadian market, high liquidity, competitive spreads, instant funds, zero commissions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.