On August 30, 2021, Trade X Corporation closed the transaction. The company received CAD 56,606,850 in the transaction. The company received $10,000,000 (CAD 12,606,850) led by new investors EchoVC Partners LLC, Frontier Ventures, University Venture Fund, and other investors in its second and final tranche. The tranche was raised at a pre-money valuation of $250,000,000 (CAD 315,333,750).