According to a Coinmetro press release, the crypto exchange Coinmetro announced Tuesday that it will acquire Ignium, a blockchain-based social fundraising platform. Coinmetro purchased 71% of Ignium’s shares on February 3 and plans to purchase the remaining stake by the end of April, according to a statement. According to Coinmetro, the acquisition is worth €4 million ($4.3 million). Coinmetro plans to expand its services to include regulated securities offerings as a result of the acquisition. This comes as US regulators crack down on exchanges like Kraken and Paxos for offering products that the regulators claim are unregistered securities.