TradeStation Group Inc. announced that it has entered into subscription agreements for 11,500,000 common shares at a price of $10 per common share for a gross proceeds of $115,000,000 on November 4, 2021. The transaction will led by Monex Group, Inc. for 5,000,000 common shares, also included Galaxy Digital Holdings Ltd. for 5,000,000 common shares, and including XBTO Ventures, LLC and Appian Way Asset Management LP. The company will issue to any investor, other than Monex Group, Inc. an additional number of incentive common shares equal to 10% whose aggregate subscription amount is equal to or greater than $5,000,000.

The transaction is expected to close in the first half of 2022, subject to the satisfaction of customary closing conditions, including the approval of Quantum Fintech's shareholders.