Radar · Blockchain Infrastructure in Canada
Best Blockchain Infrastructure Companies in Canada
The 170 best Blockchain Infrastructure companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bitfarms.
By Rohit KhannaTrends & Stories
170companies tracked
$4Bdisclosed funding
5unicorns
69have raised
Canada's Blockchain Infrastructure sector has 170 tracked companies and $4.0 billion in disclosed funding, which tells you this isn't a fringe bet anymore. Bitfarms leads the pack at $855M raised, with Blockstream close behind at $651M and LayerZero Labs Canada Inc at $263M. Five unicorns. That's real weight. The global market sat at roughly $7.4B in 2022 and is tracking a 62.73% CAGR, which means the compounding here is aggressive even by tech standards. Backers like Andreessen Horowitz and CoinFund aren't writing small checks into Canadian infrastructure plays for fun.
So what's actually moving this quarter? Green infrastructure and cloud-based delivery models are the loudest themes, and the deep dive on what sits beyond smart contracts explains why enterprise demand keeps pulling from traditional finance toward decentralized rails. I'd also watch regulatory uncertainty closely. It's the friction that's slowing a few deals but also filtering out the weaker operators. The nodes-to-networks breakdown is worth your time if you want to understand where the actual infrastructure layer is being contested right now.
Ranked: Best Blockchain Infrastructure companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Bitfarms Cloud mining solutions for cryptocurrency 76Funding top 12%Growth top 35%Tech top 36%Talent top 37% All 8 signals ▾Fundingtop 12% Growthtop 35% Techtop 36% Talenttop 37% Newstop 39% Markettop 41% Globaltop 46% Moattop 48% Funding: Raised $855M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) Growth: 11 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 76/100 | $855M | 7 mo ago | Public | 140 | Bonta Nicolas Founder & Chairman at Bitfarms | DrupalApple iCloud MailMicrosoft 365+31 | 57 signals ▼34% Earnings · Leadership · Acquisition | — |
| 2 | Dapper Labs 🦄 Blockchain-based games developer for PC and console | $666M | 48 mo ago | Series D | 549 | Roham Gharegozlou Co-Founder & CEO | SentryZendeskApple iCloud Mail+33 | — | — |
| 3 | Blockstream 🦄 Developer of blockchain-based platform building crypto-financial infrastructure 60Funding top 21%Tech top 27%Moat top 28%Growth top 39% All 12 signals ▾Fundingtop 21% Techtop 27% Moattop 28% Growthtop 39% Producttop 40% Customerstop 40% Globaltop 42% Markettop 49% Talentbottom 49% Newsbottom 45% Innovationbottom 39% Patentsbottom 39% Funding: Raised $651M across 7 rounds · 7 rounds over 12 yrs (0.6/yr) Tech: 57 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 60/100 | $651M | 20 mo ago | Series C | 30 | Adam Back Co-Founder & CEO | Shogun Page BuilderCart FunctionalityShopify+26 | — | 1 launch |
| 4 | LayerZero Labs Canada Inc 🦄 Omnichain interoperability protocol that unites decentralized applications 64Funding top 17%Moat top 26%Growth top 35%Talent top 38% All 8 signals ▾Fundingtop 17% Moattop 26% Growthtop 35% Talenttop 38% Techtop 45% Markettop 49% Globalbottom 45% Newsbottom 18% Funding: Raised $263M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 64/100 | $263M | 4 mo ago | Series B | 40 | Caleb Banister Co-Founder | ContentfulTurbopackNode.js+14 | — | 1 launch |
| 5 | HIVE Blockchain Technologies Crypto-mining solutions | $245M | 55 mo ago | Public | 35 | — | — | — | — |
| 6 | Figment 🦄 Online platform for the staking solution 76Funding top 20%Moat top 26%Talent top 28%Tech top 34% All 8 signals ▾Fundingtop 20% Moattop 26% Talenttop 28% Techtop 34% Growthtop 37% Markettop 39% Globalbottom 48% Newsbottom 42% Funding: Raised $165M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 76/100 | $165M | 8 mo ago | Series C | 120 | Ryan Funduk Co-Founder | WordPress Block EditorElementorWordPress+44 | — | 1 partnership · 1 award |
| 7 | Hut 8 Mining Digital asset mining and performance computing solutions for individuals | $116M | 53 mo ago | Public | 71 | Jaime Leverton Chief Executive Officer | — | 8 signals ▼20% Contracts · Earnings | 1 expansion |
| 8 | Republic Tech Operator of validator and attestation networks safeguarding data integrity and security 48Funding top 14%Talent bottom 49%Global bottom 25% All 3 signals ▾Fundingtop 14% Talentbottom 49% Globalbottom 25% Funding: Raised $103M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 48/100 | $103M | 4 mo ago | Public | — | Daniel Liu CEO | — | — | — |
| 9 | Kin Cryptocurrency used for making payments and explorer solutions provider | $99M | 104 mo ago | Deadpooled | 9 | — | — | — | — |
| 10 | Polymath Platform to issue securities on blockchain | $98M | 57 mo ago | Funding Raised | 42 | Trevor Koverko Co-Founder & CEO | WebflowAmazon Web Servicescore-js+24 | — | 2 launchs |
| 11 | Fuel Labs Blockchain scaling and development solutions | $82M | 45 mo ago | Series A | 43 | Nick Dodson Co-Founder & CEO | Node.jsRechartsRadix UI+20 | — | — |
| 12 | Axelar 🦄 Online platform for cross-chain communication for web3 62Funding top 26%Moat top 26%Growth top 35%Talent top 38% All 7 signals ▾Fundingtop 26% Moattop 26% Growthtop 35% Talenttop 38% Markettop 47% Techtop 50% Globalbottom 38% Funding: Raised $63.8M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 62/100 | $64M | 15 mo ago | Series B | 50 | Georgios Vlachos Co-Founder | WebflowRiveGSAP+19 | — | — |
| 13 | StreamingFast Multi-chain decentralized infrastructure for open-source protocols | $60M | 60 mo ago | Funding Raised | 11 | Mathieu Boulianne Co-Founder and CEO | WebflowjsDelivrGoogle Hosted Libraries+8 | — | — |
| 14 | GoNetwork Low cost mobile first network infrastructure for Ethereum | $47M | 95 mo ago | Funding Raised | — | Xun Cai Co-Founder & COO | — | — | — |
| 15 | CryptoStar Hardware-based cryptocurrency mining solutions 40Funding top 24%Talent bottom 49%News bottom 36%Global bottom 29% All 4 signals ▾Fundingtop 24% Talentbottom 49% Newsbottom 36% Globalbottom 29% Funding: Raised $46.2M across 9 rounds · 9 rounds over 7 yrs (1.3/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 40/100 | $46M | 5 mo ago | Public | — | David Jellins CEO | — | — | — |
| 16 | Flow Provider of blockchain development sevices | $44M | 68 mo ago | Funding Raised | — | Dieter Shirley Founder | Node.jsNextAuth.jsReact+19 | — | — |
| 17 | BTQ Provider of a platform offering post-quantum blockchain scaling solution 48Funding top 31%Growth top 32%Talent top 38%Moat top 48% All 7 signals ▾Fundingtop 31% Growthtop 32% Talenttop 38% Moattop 48% Techbottom 48% Marketbottom 35% Globalbottom 25% Funding: Raised $36.3M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo rank vs industry peers · Fliar Intelligence Index 48/100 | $36M | 11 mo ago | Public | 27 | Olivier Newton CEO | Node.jsTailwind CSSReact+9 | — | 1 launch |
| 18 | HashChain Cryptocurrency mining services provider | $32M | 100 mo ago | Public | 9 | Patrick Gray Founder & CEO | — | — | — |
| 19 | CryptoKitties ERC-721 token-based gaming platform | $27M | 91 mo ago | Series A | — | Mack Flavelle Co-Founder | Node.jsErlangstyled-components+21 | — | — |
| 20 | Tokens.com Blockchain-based technology focused on transaction processing and validation services for various digital… | $25M | 55 mo ago | Public | 4 | Lorne Sugarman President | Framer SitesReactLenis+5 | — | 1 launch |
| 21 | BlockCerts Developer of a decentralized platform providing AI, blockchain, and Web4 solutions | $25M | 84 mo ago | Series B | 42 | Tim Vasko Founder | Cart FunctionalityBootstrapPayPal+19 | — | — |
| 22 | Hyperblock Crypto mining facilities | $22M | 99 mo ago | Deadpooled | — | Sean Walsh Founder & CEO | — | — | — |
| 23 | Cathedra Online platform for cryptocurrency mining infrastructure | $19M | 48 mo ago | Acquired | 5 | AJ Scalia CEO | Proton MailGoogle WorkspaceApache HTTP Server+15 | 16 signals ▲33% Board · Contracts · Earnings | — |
| 24 | LQWD Bitcoin infrastructure and payment solutions 40Funding top 28%Growth top 35%Tech top 41%Talent bottom 49% All 6 signals ▾Fundingtop 28% Growthtop 35% Techtop 41% Talentbottom 49% Marketbottom 25% Globalbottom 25% Funding: Raised $18.9M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $19M | 11 mo ago | Public | — | Shone Anstey CEO | WordPressPleskMySQL+23 | — | — |
| 25 | Ethereum Blockchain-based public network for decentralized applications | $18M | 55 mo ago | Series B | 1 | — | TurbopackSentryNode.js+17 | 5 signals M&A | — |
| 26 | UChain APIs and SDKs for building dApps and creating tokens | $16M | 95 mo ago | Deadpooled | — | Grace Min Co-Founder | — | — | — |
| 27 | Essential Blockchain-based layer infrastructure platform | $16M | 22 mo ago | Series A | — | Liesl Eichholz Co-Founder & CEO | — | — | — |
| 28 | OneLedger Cross-chain protocol | $15M | 95 mo ago | Seed | 9 | David Cao Founder & CEO | — | — | — |
| 29 | Adbank Blockchain-powered advertising platform offering rewards for users | $14M | 101 mo ago | Funding Raised | — | Jon Gillham Co-Founder | — | — | — |
| 30 | Helika Provider of web3 behavioral analytics platform | $13M | 28 mo ago | Series A | 29 | Artem Germanov Co-Founder & CTO | WordPressMySQLPHP+19 | — | — |
| 31 | LQwD Blockchain-based infrastructure for the finance industry | $11M | 17 mo ago | Public | 13 | Shone Anstey CEO | — | — | — |
| 32 | Covalent Developer of infrastructure providing unified data for artificial intelligence agents | $10M | 23 mo ago | Series B | 13 | Ganesh Swami Co-Founder & CEO | DatoCMSNode.jsRadix UI+13 | — | 2 launchs |
| 33 | WondrGaming Blockchain-based development platform for non-fungible tokens | $10M | 52 mo ago | Deadpooled | 4 | — | — | — | — |
| 34 | ePIC Blockchain Hardware-based mining infrastructure for cryptocurrencies | $8M | 62 mo ago | Series A | 17 | Earl Mai Co-Founder & CTO | WordPressMySQLPHP+25 | — | — |
| 35 | Thrivecoin.com Decentralized automated rewards for DAO contributions | $7M | 23 mo ago | Seed | 28 | — | — | — | — |
| 36 | Informal Systems Blockchain-based network and tools for the interchain | $5M | 36 mo ago | Series A | 57 | Ethan Buchman Chief Executive Officer | TurbopackNode.jsTailwind CSS+13 | — | — |
| 37 | Alkemi Decentralized liquidity network providing compliant DeFi solutions | $5M | 61 mo ago | Series A | 14 | Ben Cooper Co-Founder | — | — | — |
| 38 | Swan Chain AI-based computing and decentralized applications 24AI top 45%Tech top 48%Talent bottom 49%Funding bottom 42% All 6 signals ▾AItop 45% Techtop 48% Talentbottom 49% Fundingbottom 42% Globalbottom 38% Marketbottom 25% AI: Product described with: ai-based Tech: 21 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 24/100 | $4M | 20 mo ago | Seed | — | Charles Cao Co-Founder & CEO | GitBookNode.jsReact+10 | — | — |
| 39 | Cybrid Provider of API infrastructure for stablecoin payments, compliance, and treasury 50Growth top 20%Talent top 28%Tech top 44%News top 44% All 10 signals ▾Growthtop 20% Talenttop 28% Techtop 44% Newstop 44% Fundingbottom 49% Innovationbottom 45% Productbottom 45% Moatbottom 38% Globalbottom 32% Marketbottom 30% Growth: Web rank 10,000,000 → 1,000,000 YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 50/100 | $4M | 7 mo ago | Series A | 13 | Ali Irshad Co-Founder & Head of Sales & Partnerships | WebflowThree.jsGSAP+24 | — | — |
| 40 | Spicenet Provider of liquidity layer for unstoppable trading applications | $3M | 18 mo ago | Seed | — | Matthew McConnell Founder & CMO | Node.jsReactNext.js App Router+15 | — | — |
| 41 | Noble Online platform offering blockchain infrastructure solutions | $3M | 31 mo ago | Seed | — | — | — | — | — |
| 42 | TeleportDAO Provider of infrastructure for developers to build cross-chain applications | $2M | 26 mo ago | Seed | 8 | Mahyar Daneshpajooh Co-Founder | — | — | — |
| 43 | Fairblock Blockchain infrastructure builder using applied cryptography | $2M | 32 mo ago | Seed | 4 | Bowen You Co-Founder | Tailwind CSSReactReact Router+6 | — | — |
| 44 | Inference Labs Provider of on-chain AI inference verification and agentic native protocols 57AI top 20%Growth top 28%Talent top 38%Tech top 44% All 7 signals ▾AItop 20% Growthtop 28% Talenttop 38% Techtop 44% Fundingtop 46% Globalbottom 38% Marketbottom 29% AI: Classified as an AI company Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 57/100 | $2M | 11 mo ago | Seed | — | Colin Gagich Co-Founder | Framer SitesThree.jsReact+11 | — | — |
| 45 | HyveDA Provider of decentralized data infrastructure for real-time Web3 applications 19Talent bottom 49%Global bottom 48%Tech bottom 43%Funding bottom 42% All 5 signals ▾Talentbottom 49% Globalbottom 48% Techbottom 43% Fundingbottom 42% Marketbottom 31% Talent: 1 named leader on record · 1 C-suite/founder profile curated Global: Investors from 1 country beyond Canada rank vs industry peers · Fliar Intelligence Index 19/100 | $2M | 20 mo ago | Seed | — | Douwe Faasen Co-Founder & CEO | Framer SitesReactlit-html+8 | — | — |
| 46 | tmrw Provider of social fintech platform for exchanging bitcoins | $1M | 21 mo ago | Seed | — | Alexandra Lutchman Cofounder and Head of Product | — | — | — |
| 47 | SATO Technologies Corp Online platform for Bitcoin mining 22Funding top 35%News top 46%Growth top 48%Tech bottom 45% All 6 signals ▾Fundingtop 35% Newstop 46% Growthtop 48% Techbottom 45% Globalbottom 36% Marketbottom 14% Funding: Raised $1.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) News: 7 BI events in 12 mo (of 28 tracked, 5 types) · -36% YoY rank vs industry peers · Fliar Intelligence Index 22/100 | $1M | 3 mo ago | Late Stage | 13 | — | Node.jsThree.jsTailwind CSS+11 | 7 signals ▼36% Announcements · Earnings | — |
| 48 | BlockchainK2 Cryptocurrency mining platform | $544K | 26 mo ago | Public | 6 | — | — | 3 signals Funding | — |
| 49 | GCAC Platform offering blockchain solutions | $192K | 4 mo ago | Seed | — | Steve Peterson Co-Founder | — | — | — |
| 50 | Torram Decentralized oracle network for TradeFi and DeFi | $100K | 18 mo ago | Seed | — | Pranav Jyoti Co-Founder & CRCO | WordPressMySQLPHP+28 | — | 1 launch |
Top 12 Blockchain Infrastructure companies in Canada
#1
Series B · Vancouver, British Columbia · founded 2021 · 40 employees$263.3Mraised▾
Series B · Vancouver, British Columbia · founded 2021 · 40 employees
Omnichain interoperability protocol that unites decentralized applications. It enables the secure movement of messages and fungible tokens between several blockchains without the need for asset wrapping, middle chains, or liquidity pools.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Funding
top 17%Moat
top 26%Growth
top 35%Talent
top 38%Tech
top 45%Market
top 49%Funding: Raised $263M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) · Last round Series B (Feb 2026)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 16k LinkedIn followers — 3.0% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Feb 2026Series B—
- Apr 2025Series B$55M
- Jul 2024ICO$30K
- Apr 2023Series B$120M
Founders & team
Investors
Sequoia Capital, FTX, Andreessen Horowitz, Coinbase, PayPal, Uniswap
Tech stack
CloudflareCloudflare Browser InsightsContentfulGoogle Font ApiGoogle WorkspaceHsts
#2
Public · Toronto, Ontario · founded 2017 · 140 employees$855.5Mraised▾
Public · Toronto, Ontario · founded 2017 · 140 employees
Cloud mining solutions for cryptocurrency. It features a blockchain infrastructure for operating computing centers, processing bitcoins through mining networks, and earning fees for the processing of transactions. It provides hosting, in-house management, and support services for miners.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 12%Growth
top 35%Tech
top 36%Talent
top 37%News
top 39%Market
top 41%Funding: Raised $855M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) · Last round Post IPO (Oct 2025)
Growth: 11 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Tech: 61 technologies across 4/8 capability areas · Cloud: Akamai, Amazon Web Services · Devops: Varnish
Audience (LinkedIn): 17k LinkedIn followers — 3.0% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Oct 2025Post IPO$588M
- Nov 2023Post IPO$43.8M
- May 2021Post IPO$62.3M
- Feb 2021Post IPO$69.5M
Founders & team
Investors
Dominion Capital, Sadis, Vermögensclub
#3
Public · Vancouver, British Columbia · founded 2025$103Mraised▾
Public · Vancouver, British Columbia · founded 2025
Operator of validator and attestation networks safeguarding data integrity and security. The company integrates infrastructure to support data integrity for applications. It uses an denominated treasury to operate its networks.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 14%Talent
bottom 49%Global
bottom 25%Funding: Raised $103M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Post IPO (Feb 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Single-market focus (Canada)
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. FalconX) announced in 12 mo
Funding rounds
- Feb 2026Post IPO$3M
- Nov 2025Post IPO$100M
Founders & team
#4
Figment 🦄Series C · Toronto, Ontario · founded 2018 · 120 employees$165Mraised▾
Figment 🦄
Series C · Toronto, Ontario · founded 2018 · 120 employees
Online platform for the staking solution. The company offers staking solutions including rewards optimization, rapid API development, rewards reporting, partner integrations, governance, liquid staking, and more.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 20%Moat
top 26%Talent
top 28%Tech
top 34%Growth
top 37%Market
top 39%Funding: Raised $165M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series C (Oct 2025)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Audience (LinkedIn): 30k LinkedIn followers — 5.4% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 awards (incl. Curvegrid) announced in 12 mo
Funding rounds
- Oct 2025Series C—
- Dec 2021Series C$110M
- Aug 2021Series B$50M
- Oct 2020Series A$2.5M
Founders & team
Investors
Liberty City Ventures, Senator Investment Group, GSR Ventures, Hard Yaka, Galaxy, Declaration Partners
Tech stack
Amazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCookieyesCore-Js
#5
Public · Toronto, Ontario · founded 2017$46.2Mraised▾
Public · Toronto, Ontario · founded 2017
Hardware-based cryptocurrency mining solutions. It also provides blockchain-based data centres. It also provides tools to consumers for choosing the right cryptocurrencies to invest in.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 24%Talent
bottom 49%News
bottom 36%Global
bottom 29%Funding: Raised $46.2M across 9 rounds · 9 rounds over 7 yrs (1.3/yr) · Last round Post IPO (Jan 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
News: 0 BI events in 12 mo (of 25 tracked, 8 types)
Funding rounds
- Jan 2026Post IPO$1.6M
- Feb 2024Post IPO—
- Mar 2021Post IPO$20.4M
- Feb 2021Post IPO$2M
Founders & team
Investors
T M X, EMD Financial
#6
Series C · Montreal, Quebec · founded 2014 · 30 employees$651.1Mraised▾
Series C · Montreal, Quebec · founded 2014 · 30 employees
Developer of blockchain-based platform building crypto-financial infrastructure. It provides users with detailed blockchain data through open-source block explorer and offers a hardware wallet for Bitcoin and liquid assets. It also operates the Blockstream satellite, which broadcasts the Bitcoin blockchain worldwide and provides enterprise-class Bitcoin mining services.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Funding
top 21%Tech
top 27%Moat
top 28%Growth
top 39%Product
top 40%Customers
top 40%Funding: Raised $651M across 7 rounds · 7 rounds over 12 yrs (0.6/yr) · Last round Series C (Oct 2024)
Tech: 57 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Devops: Envoy, Nginx
Moat: Editorial + unicorn rating 9/10 · IP moat: 8 patents · Unicorn
Audience (LinkedIn): 27k LinkedIn followers — 4.9% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Oct 2024Series C$210M
- Dec 2023Series B$5.1M
- Jan 2023Series B$125M
- Jan 2023Conventional Debt—
Founders & team
Investors
Kingsway Capital, Fulgur Ventures, Horizons Ventures, Digital Garage, AME Cloud Ventures, Blockchain Capital
Tech stack
Amazon PayAmerican ExpressApple Icloud MailApple PayAxiosCart Functionality
#7
Public · Vancouver, British Columbia · founded 1998 · 27 employees$36.3Mraised▾
Public · Vancouver, British Columbia · founded 1998 · 27 employees
Provider of a platform offering post-quantum blockchain scaling solution. It is combining software and hardware to safeguard assets with post-quantum services and solutions.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 31%Growth
top 32%Talent
top 38%Moat
top 48%Tech
bottom 48%Market
bottom 35%Funding: Raised $36.3M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Post IPO (Jul 2025)
Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 6k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Jul 2025Post IPO$29.3M
- Dec 2024Post IPO$7M
Founders & team
Investors
A.G.P. Canada, Quadrilium Ventures
Tech stack
Google AnalyticsGoogle WorkspaceHstsNext.JsNext.Js App RouterNode.Js
#8
Axelar 🦄Series B · Toronto, Ontario · founded 2020 · 50 employees$63.8Mraised▾
Axelar 🦄
Series B · Toronto, Ontario · founded 2020 · 50 employees
Online platform for cross-chain communication for web3. It offers solutions for integrating decentralized applications into blockchain networks. It allows developers to host apps, move assets, communicate with applications on other chains using the Axelar API, and more.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 26%Moat
top 26%Growth
top 35%Talent
top 38%Market
top 47%Tech
top 50%Funding: Raised $63.8M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) · Last round Series B (Mar 2025)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 13k LinkedIn followers — 2.4% of this cohort's audience
Funding rounds
- Mar 2025Series B$30M
- Sep 2022ICO$50.1M
- Feb 2022Series B$35M
- Nov 2021Series A—
Founders & team
Investors
CRYPTO, Morningstar Ventures, Informal Systems, Zero Knowledge Validator, Scytale Digital, Polychain
Tech stack
CloudflareCloudflare Bot ManagementCookie ScriptGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#9
Public · Vancouver, British Columbia · founded 2019$18.9Mraised▾
Public · Vancouver, British Columbia · founded 2019
Bitcoin infrastructure and payment solutions. It offers real-time tracking of node transaction volume and connection to global routing nodes through its website. It also offers solutions for payments on the lightning network.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 28%Growth
top 35%Tech
top 41%Talent
bottom 49%Market
bottom 25%Global
bottom 25%Funding: Raised $18.9M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Post IPO (Jul 2025)
Growth: Fresh capital in last 24 mo
Tech: 33 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Hsts
Funding rounds
- Jul 2025Post IPO$9M
- Nov 2024Post IPO$2.1M
- Sep 2024Post IPO$1.7M
- Mar 2021Post IPO$5M
Founders & team
Tech stack
CloudflareCloudflare Bot ManagementHstsHubspotMicrosoft 365Open Graph
#10
Late Stage · Toronto, Ontario · founded 2017 · 13 employees$1Mraised▾
Late Stage · Toronto, Ontario · founded 2017 · 13 employees
Online platform for Bitcoin mining
Fliar Intelligence Index™ 22how this company ranks against its industry peers
Funding
top 35%News
top 46%Growth
top 48%Tech
bottom 45%Global
bottom 36%Market
bottom 14%Funding: Raised $1.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Mar 2026)
News: 7 BI events in 12 mo (of 28 tracked, 5 types) · -36% YoY · Top themes: Announcements, Earnings
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 900 LinkedIn followers
Funding rounds
- Mar 2026Post IPO$1M
Investors
FJ Labs, Brinc
#11
Series A · Toronto, Ontario · founded 2021 · 13 employees$3.8Mraised▾
Series A · Toronto, Ontario · founded 2021 · 13 employees
Provider of API infrastructure for stablecoin payments, compliance, and treasury. The platform facilitates movement between stablecoins and fiat currencies. It offers tools for KYC/AML verification, liquidity access, settlement, and custody management. The infrastructure supports cross-border remittance, B2B payments, and banking solutions through accounts and payment orchestration.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 20%Talent
top 28%Tech
top 44%News
top 44%Funding
bottom 49%Innovation
bottom 45%Growth: Web rank 10,000,000 → 1,000,000 YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Tech: 34 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Observability: Microsoft Clarity, Sentry
Audience (LinkedIn): 4k LinkedIn followers
Funding rounds
- Oct 2025Series A$10M
- Apr 2022Seed$3.8M
Founders & team
Investors
Golden Ventures, Luge Capital, Harvest Builders, BDC, Panache Ventures
Tech stack
Amazon Web ServicesCdnjsCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#12
Public · Vancouver, British Columbia · founded 1999 · 13 employees$10.7Mraised▾
Public · Vancouver, British Columbia · founded 1999 · 13 employees
Blockchain-based infrastructure for the finance industry. It provides the network infrastructure to send payments globally, instantly, cheaply. It also offers cloud-based PaaS for LN Infrastructure deployment and management.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 796 LinkedIn followers
Funding rounds
- Dec 2024Post IPO$2.1M
- Nov 2024Post IPO$1.1M
- Jun 2023Post IPO$882K
- Apr 2023Post IPO$220.7K
Founders & team
Investors
BIGG Digital Assets, WonderFi, ZenLedger
Funding & investor landscape
$4Btotal disclosed funding
66companies funded
172disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Caleb Banister
Co-Founder · LayerZero Labs Canada Inc
Bryan Pellegrino
Co-Founder & CEO · LayerZero Labs Canada Inc
Bonta Nicolas
Founder & Chairman at Bitfarms · Bitfarms
Daniel Liu
CEO · Republic Tech
Ryan Funduk
Co-Founder · Figment
Matt Harrop
Co-Founder · Figment
David Jellins
CEO · CryptoStar
Adam Back
Co-Founder & CEO · Blockstream
Olivier Newton
CEO · BTQ
Georgios Vlachos
Co-Founder · Axelar
Sergey Gorbunov
Co-Founder & CEO · Axelar
Shone Anstey
CEO · LQWD
Prism market signals · Canada · country-scoped Prism corpus, 8,289,727 docs
Market landscape — 10 sub-themes by coverage
Share of Blockchain Infrastructure coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
How many Blockchain Infrastructure companies are there in Canada?
Radar tracks 170 indexable Blockchain Infrastructure companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Blockchain Infrastructure companies in Canada?
The Blockchain Infrastructure companies in Canada on this list have raised a combined $4B in disclosed equity funding across 66 funded companies.
Which is the highest-funded Blockchain Infrastructure company in Canada?
Bitfarms is the highest-funded Blockchain Infrastructure company in Canada, with $855.5M in disclosed equity funding.
How many Blockchain Infrastructure companies in Canada are funded?
66 of the 170 Blockchain Infrastructure companies in Canada on this list have disclosed at least one equity funding round.
How many Blockchain Infrastructure unicorns are there in Canada?
5 Blockchain Infrastructure companies in Canada on this list are valued at $1B or more.
Who are the top investors in Canada Blockchain Infrastructure companies?
The most active investors in Canada Blockchain Infrastructure companies on this list include SNZ, Andreessen Horowitz, CoinFund, Outlier Ventures, Robvc.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.