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Riot Blockchain’s Coinsquare Receives Milestone Investment

CASTLE ROCK, Colo., Dec. 4, 2017 /PRNewswire/ — Riot Blockchain, Inc. (Nasdaq: RIOT) (the “Company”) today announced that one of its strategic portfolio holdings, goNumerical Ltd (dba “Coinsquare”), has closed a CAD $10.5 million investment at a CAD $110.5 million post-money valuation. A prominent global asset manager with over a trillion dollars under management led the round with a CAD $10 million investment. goNumerical operates Coinsquare, a leading Canadian digital currency exchange.  The new valuation for Coinsquare is over 3x the valuation from Riot’s investment in September, 2017.