• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Satstreet Passes $1 Billion Traded

June 23, 2022 By Business Wire

One of Canada's most trusted digital asset trading desks offers best-in-class service for HNWIs and institutional clients.


TORONTO--(BUSINESS WIRE)--Increasing demand for access to digital assets from corporate treasuries, funds, HNWIs, and companies in the crypto ecosystem has propelled Satstreet – a leading Canadian digital asset trading desk – to surpass $1 Billion in trading volume within its first two years of operations.

A “Private Banking” experience for Digital Assets

Satstreet (the name, which is a play on the words "Sats" and "Wall Street") was founded in the summer of 2020 to close the gap between traditional finance and the new frontier of digital assets.

“Our mission at the outset was to make it easier and more secure for Canadians to buy, trade and sell Bitcoin and other digital assets. Our unwavering focus on servicing high-value clientele (accredited, and permitted investors) has allowed us to deliver a truly bespoke 'white-glove service' that is unmatched in the Canadian market. Over the past two years, we've grown quickly, in large part to the emphasis we place on customer service which in turn led to mostly organic growth by word-of-mouth,” explains Satstreet Co-Founder Mike Nasser.

A Bitcoin Treasury Strategy

“Satstreet is a client focused company. We strive to always provide best-in-class services for an important part of the market which we believe is greatly underserved. We also offer Bitcoin educational sessions to help clients better grasp the fast emerging ecosystem,” says Co-Founder Jon Lister.

In the Fall of 2020, Satstreet made a strategic decision to capture 50% of their spread in the digital asset being traded, such as Bitcoin (BTC) and Ethereum (ETH). Satstreet’s treasury team adjusts the portfolio seeking to maximize the number of Bitcoin they hold on their balance sheet which they believe will greatly outperform other assets in the future.

“Our team has experience in managing significant volatility over the past 5 years. Our conviction in Bitcoin has never been stronger and being able to capitalize on this correction is a very exciting opportunity,” says Jon Lister.

When asked if they had purchased Bitcoin during this recent move down, Satstreet confirmed that they purchased more BTC at $18,574 USD.

About Satstreet

Satstreet Inc. ("Satstreet") is one of Canada's fastest growing digital currency trading desks headquartered in Toronto, ON. The firm is registered with FINTRAC as a Money Services Business (MSB) and serves accredited and permitted clients across Canada . Satstreet is led by a team of trusted industry professionals with over 8 years of experience in the digital asset space. The firm has raised initial funding from Round13 Capital and several prominent investors. Since opening in the summer of 2020, Satstreet has processed over $1B in transactions.


Contacts

info@satstreet.com

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Pump Fun Becomes Third-Largest ICO, Is BlockchainFX Presale Next as Whales Earn $6,800? Find The Best Crypto to Invest in Now

July 15, 2025

IROSH Announces Live AI Trading, Profit Sharing, and Token Utility Framework

July 15, 2025

Move Over Dogecoin (DOGE) and Shiba Inu (SHIB): Why the Next Big Meme Coin Win Could Come from Little Pepe (LILPEPE)

July 14, 2025

Nexchain Builds Presale Hype With Airdrop, $5M Rewards & 50% Bonus as BlockDAG Hits Milestone

July 14, 2025

Nexchain & Remittix Top 2025 Presales With $5M Rewards, Airdrop & 50% Bonus Offer

July 14, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter