Radar · Blockchain Technology in Canada
Best Blockchain Technology Companies in Canada
The 646 best Blockchain Technology companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Wealthsimple.
By Rohit KhannaTrends & Stories
646companies tracked
$5.7Bdisclosed funding
6unicorns
175have raised
Tracking the best Blockchain Technology companies in Canada by disclosed equity funding, this directory covers 646 ventures that together have pulled in $5.7 billion, six of which have crossed unicorn status. That's a serious capital base. Wealthsimple leads at $901M raised, with Bitfarms close behind at $855M, and LayerZero Labs Canada Inc posting $263M. Figment, Ledn, and Republic Tech round out the top funded names, backed by a mix of crypto-native investors including Coinbase, Outlier Ventures, and AU21 Capital. The global blockchain market was valued at roughly $7.4B in 2022 and is projected to grow at a 62.73% CAGR through 2030, which tells you how much runway Canada's ecosystem is still sitting in front of.
What's keeping founders and investors alert right now is the regulatory uncertainty layer. Governance questions haven't resolved cleanly anywhere, and Canada's no exception. But momentum is real: across nearly 2,800 fintech and blockchain apps, median install growth is running at roughly +15% YoY, and I'd argue that's the number you should bookmark. Blockchain's growing role in prediction markets is one signal of where application-layer demand is expanding fast. So whether you're sourcing deals or benchmarking a raise, this list is where to start.
Sources & further reading
- Blockchain Technology Market Size, Share & Trends Analysis Report
- Global Blockchain Technology Market to 2028: Players Include Coinbase,
FLIAR INTELLIGENCE · BLOCKCHAIN TECHNOLOGY × CANADA
Our analysis of 247 Blockchain Technology companies
$15.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
247companies analysed
95%cloud-native stacks
2024funding peak (by rounds)
20unicorns
2021median founding year
607kcombined LinkedIn audience
62%of audience held by top 3
2companies hiring publicly (12 mo)
Ranked: Best Blockchain Technology companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Wealthsimple 🦄 Provider of financial services including investing, trading, saving, and borrowing 76Tech top 9%Funding top 13%Moat top 32%Talent top 38% All 12 signals ▾Techtop 9% Fundingtop 13% Moattop 32% Talenttop 38% Producttop 41% Newstop 42% Customerstop 42% Markettop 43% Growthtop 43% Globaltop 45% Innovationtop 46% Patentsbottom 31% Tech: 92 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses Funding: Raised $901M across 9 rounds · 9 rounds over 12 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 76/100 | $901M | 7 mo ago | Series F | 29 | Michael Katchen Co-Founder & CEO | 6 signals ▼57% Funding | 4 patents Financial transaction data processing and real-time notification infrastructure for fintech platforms | 2 launchs · 1 partnership |
| 2 | 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 | 57 signals ▼34% Earnings · Leadership · Acquisition | — | — |
| 3 | Dapper Labs 🦄 Blockchain-based games developer for PC and console | $666M | 48 mo ago | Series D | 549 | Roham Gharegozlou Co-Founder & CEO | — | 66 patents Blockchain NFT creation, management, display, and secure multi‑party machine learning platforms. | — |
| 4 | 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 | — | 8 patents Confidential transaction privacy and cross-chain asset transfer via sidechains in blockchain networks | 1 launch |
| 5 | 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 | — | — | 1 launch |
| 6 | HIVE Blockchain Technologies Crypto-mining solutions | $245M | 55 mo ago | Public | 35 | — | — | — | — |
| 7 | 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 | — | — | 1 partnership · 1 award |
| 8 | 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 |
| 9 | Ledn Blockchain-based & crypto-backed lending platform 57Funding top 25%Moat top 28%Tech top 29%Growth top 35% All 9 signals ▾Fundingtop 25% Moattop 28% Techtop 29% Growthtop 35% Producttop 46% Newsbottom 46% Marketbottom 42% Customersbottom 40% Globalbottom 38% Funding: Raised $104M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 57/100 | $104M | 6 mo ago | Series B | 54 | — | — | — | — |
| 10 | 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 | — | — | — |
| 11 | Polymath Platform to issue securities on blockchain | $98M | 57 mo ago | Funding Raised | 42 | Trevor Koverko Co-Founder & CEO | — | — | 2 launchs |
| 12 | Coinsquare Cryptocurrency trading platform | $95M | 60 mo ago | Series C | 103 | Virgile Rostand Founder & President | — | — | 1 partnership |
| 13 | Fuel Labs Blockchain scaling and development solutions | $82M | 45 mo ago | Series A | 43 | Nick Dodson Co-Founder & CEO | — | — | — |
| 14 | 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 | — | — | — |
| 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 | 3Commas Trading bots for cryptocurrency trading | $40M | 44 mo ago | Series B | 270 | Yuriy Sorokin Founder | — | — | 1 launch |
| 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 | — | — | 1 launch |
| 18 | APX Lending Digital platform offering cryptocurrency loans 37Growth top 35%Tech top 36%Funding top 48%Talent bottom 49% All 8 signals ▾Growthtop 35% Techtop 36% Fundingtop 48% Talentbottom 49% Innovationbottom 47% Productbottom 47% Globalbottom 32% Marketbottom 22% Growth: Fresh capital in last 24 mo Tech: 35 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 37/100 | $20M | 13 mo ago | Seed | — | Andrei Poliakov Founder & CEO | — | — | — |
| 19 | 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 | — | — | — |
| 20 | Noble Provider of digital asset issuance platform 45Tech top 38%Talent top 38%Growth top 45%Funding top 46% All 6 signals ▾Techtop 38% Talenttop 38% Growthtop 45% Fundingtop 46% Globalbottom 48% Marketbottom 37% Tech: 31 technologies across 5/8 capability areas · Cloud: Cloudflare, Fastly Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 45/100 | $18M | 18 mo ago | Series A | — | John Letey Co-Founder & CTO | — | — | — |
| 21 | Essential Blockchain-based layer infrastructure platform | $16M | 22 mo ago | Series A | — | Liesl Eichholz Co-Founder & CEO | — | — | — |
| 22 | Mogul Productions Crowdfunding platform focused on film productions 8Funding top 50%Talent bottom 49%Global bottom 38%Market bottom 15% All 4 signals ▾Fundingtop 50% Talentbottom 49% Globalbottom 38% Marketbottom 15% Funding: Raised $15.2M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 8/100 | $15M | 23 mo ago | Funding Raised | 12 | Michael Colley Owner & CEO | — | — | — |
| 23 | Helika Provider of web3 behavioral analytics platform | $13M | 28 mo ago | Series A | 29 | Artem Germanov Co-Founder & CTO | — | — | — |
| 24 | LQwD Blockchain-based infrastructure for the finance industry | $11M | 17 mo ago | Public | 13 | Shone Anstey CEO | — | — | — |
| 25 | Layer2 Financial Platform offering crypto banking-as-a-service | $10M | 26 mo ago | Series A | 14 | Tarun Mistry Co-Founder | — | — | — |
| 26 | Covalent Developer of infrastructure providing unified data for artificial intelligence agents | $10M | 23 mo ago | Series B | 13 | Ganesh Swami Co-Founder & CEO | — | — | 2 launchs |
| 27 | SX Network Provider of block chain development services | $10M | 27 mo ago | Series B | — | Andrew Young Co-Founder | — | 8 patents Patents concentrated in computing, sensing & instrumentation | — |
| 28 | Integral Platform offering software tools for financial management to crypto businesses | $8M | 27 mo ago | Seed | 24 | Gui Laliberte Founder & CEO | 6 signals Funding · M&A · Announcements | — | — |
| 29 | Ruby Protocol Decentralized privacy-centric protocol for Web3 | $7M | 24 mo ago | Series A | 8 | Suhas Hegde Co-Founder & Head Of Technology | — | — | — |
| 30 | Tetra Financial custodian solutions for digital assets 14Funding top 41%Product top 46%Moat top 48%Innovation bottom 45% All 8 signals ▾Fundingtop 41% Producttop 46% Moattop 48% Innovationbottom 45% Techbottom 37% Globalbottom 36% Marketbottom 20% Newsbottom 18% Funding: Raised $7.2M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) Product: 0 product launch events in 12 mo, 1 the year before · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 14/100 | $7M | 9 mo ago | Acquired | 8 | — | — | — | 1 partnership |
| 31 | Thrivecoin.com Decentralized automated rewards for DAO contributions | $7M | 22 mo ago | Seed | 28 | — | — | — | — |
| 32 | Rails Online platform for cryptocurrency derivatives trading | $6M | 29 mo ago | Series A | — | Rick Marini Co-Founder | — | — | — |
| 33 | Bitcoin Well Provider of instant buy and self-custody bitcoin platform solutions for individuals and businesses 45Tech top 28%Growth top 35%Funding top 37%News top 44% All 8 signals ▾Techtop 28% Growthtop 35% Fundingtop 37% Newstop 44% Moattop 48% Talentbottom 49% Marketbottom 31% Globalbottom 25% Tech: 45 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $6M | 8 mo ago | Public | 25 | Adam Brien Founder & CEO | — | — | 1 partnership |
| 34 | 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 | — | — | — |
| 35 | 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 | — | — | — |
| 36 | Spicenet Provider of liquidity layer for unstoppable trading applications | $3M | 18 mo ago | Seed | — | Matthew McConnell Founder & CMO | — | — | — |
| 37 | StableCorp Decentralized stable coin used for enabling B2B payments 13Funding top 48%Moat top 48%Talent bottom 49%News bottom 42% All 7 signals ▾Fundingtop 48% Moattop 48% Talentbottom 49% Newsbottom 42% Techbottom 39% Globalbottom 39% Marketbottom 21% Funding: Raised $3.1M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) Moat: Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 13/100 | $3M | 8 mo ago | Series A | 10 | Alex McDougall President & CEO | — | — | 1 partnership |
| 38 | Loon Provider of a platform for accessing and managing a digital dollar 32Funding top 48%Talent bottom 49%Global bottom 48% All 3 signals ▾Fundingtop 48% Talentbottom 49% Globalbottom 48% Funding: Raised $3.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 32/100 | $3M | 7 mo ago | Seed | — | Kevin Zhang Co-Founder | — | — | 1 launch |
| 39 | FRNT Financial Digital asset trading solutions 42Product top 14%News top 18%Innovation top 23%Growth top 23% All 9 signals ▾Producttop 14% Newstop 18% Innovationtop 23% Growthtop 23% Talentbottom 49% Fundingbottom 42% Techbottom 37% Globalbottom 25% Marketbottom 19% Product: 9 distinct product lines · Company stage: Public News: 9 BI events in 12 mo (of 24 tracked, 9 types) · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 42/100 | $2M | 12 mo ago | Public | 12 | Stéphane Ouellette CEO & Co-Founder | 9 signals Board · Leadership · Acquisition | — | — |
| 40 | 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 | — | — | — |
| 41 | DeFi.Gold Decentralized exchange and non-fungible token marketplace | $2M | 21 mo ago | Seed | — | Mona Coyle CEO | — | — | — |
| 42 | Ferra Developer of a liquidity layer for decentralized finance applications | $2M | 8 mo ago | Seed | — | Owen Jones Owner | — | — | — |
| 43 | Defi Provider of diversified Defi solutions | $2M | 18 mo ago | Seed | — | Dan Greer Co-Founder | — | — | — |
| 44 | SPIRIT Blockchain Platform offering treasury management, research & advisory, staking & mining for blockchain & digital assets | $2M | 15 mo ago | Public | 8 | — | — | — | — |
| 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 | 19 mo ago | Seed | — | Douwe Faasen Co-Founder & CEO | — | — | — |
| 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 | — | 7 signals ▼36% Announcements · Earnings | — | — |
| 48 | BlocPal Blockchain-based financial transaction platform | $742K | 16 mo ago | Seed | 500 | — | — | — | — |
| 49 | NextGen Digital Platforms Provider of cryptocurrency portfolio proxy focused on Solana, XRP, and Dogecoin | $592K | 8 mo ago | Public | — | Matthew Priebe CEO | — | — | — |
| 50 | GCAC Platform offering blockchain solutions | $192K | 4 mo ago | Seed | — | Steve Peterson Co-Founder | — | — | — |
Top 12 Blockchain Technology companies in Canada
#1
Series F · Toronto, Ontario · founded 2014 · 29 employees$901.3Mraised▾
Series F · Toronto, Ontario · founded 2014 · 29 employees
Provider of financial services including investing, trading, saving, and borrowing. The company offers chequing accounts, credit cards, and savings accounts. It provides self-directed investing in stocks, ETFs, options, margin, gold, and crypto. Wealth management services include portfolios, direct indexing, and income portfolios. Mortgages and tax filing services are also available.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Tech
top 9%Funding
top 13%Moat
top 32%Talent
top 38%Product
top 41%News
top 42%Tech: 92 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses · Devops: Envoy, Varnish
Funding: Raised $901M across 9 rounds · 9 rounds over 12 yrs (0.8/yr) · Last round Series F (Oct 2025)
Moat: Editorial + unicorn rating 9/10 · IP moat: 4 patents · Unicorn
Audience (LinkedIn): 284k LinkedIn followers — 46.8% of this cohort's audience · 121 engagements/post (7.6× cohort median)
Activity (LinkedIn): 2 product launches · 1 partnerships (incl. Visa) announced in 12 mo
Funding rounds
- Oct 2025Series F$392.9M
- May 2021Series F$610M
- Oct 2020Series E$86.8M
- May 2019Series D$75M
Founders & team
Investors
Power financial, Meritech, Greylock Partners, Dragoneer Investment Group, DST Global, Sagard
Tech stack
Alpine.JsAmazon CloudfrontAmazon Web ServicesApolloApple Icloud MailAtlassian Statuspage
#2
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 — 2.7% of this cohort's audience · 29 engagements/post (1.8× cohort median)
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
#3
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 — 2.7% 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
#4
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
#5
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 — 4.9% 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
#6
Series B · Toronto, Ontario · founded 2018 · 54 employees$104.2Mraised▾
Series B · Toronto, Ontario · founded 2018 · 54 employees
Ledn is a blockchain-based &crypto-backed lending platform. Offers loans secured by Bitcoin. Provides a segregated wallet address allowing for real-time proof of reserves on-chain. Allows users to repay the loan in Dollars and Bitcoin. Uses the Coindesk Bitcoin price index to determine loan-to-value ratios for Ledn loans.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 25%Moat
top 28%Tech
top 29%Growth
top 35%Product
top 46%News
bottom 46%Funding: Raised $104M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series B (Nov 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 4 curated direct competitors tracked
Tech: 44 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Audience (LinkedIn): 29k LinkedIn followers — 4.7% of this cohort's audience
Funding rounds
- Nov 2025Series B—
- Aug 2024Conventional Debt$50M
- Dec 2021Series B$70M
- May 2021Series A$30M
Investors
Sygnum, 10T, GoldenTree, Raptor Group, FJ Labs, White Star Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApple Icloud MailBootstrap
#7
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
#8
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 — 4.4% 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
#9
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
#10
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 — 2.1% 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
#11
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
#12
Public · Edmonton, Alberta · founded 2013 · 25 employees$5.8Mraised▾
Public · Edmonton, Alberta · founded 2013 · 25 employees
Provider of instant buy and self-custody bitcoin platform solutions for individuals and businesses. It offers a self-custody bitcoin platform that sends bitcoin directly to your wallet with low fees, providing users with control and independence over their money. The platform offers services such as buying, selling, and using bitcoin, allowing users to start their bitcoin journey securely.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Tech
top 28%Growth
top 35%Funding
top 37%News
top 44%Moat
top 48%Talent
bottom 49%Tech: 45 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Microsoft Clarity
Growth: Fresh capital in last 24 mo
Funding: Raised $5.8M across 8 rounds · 8 rounds over 6 yrs (1.3/yr) · Last round Post IPO (Sep 2025)
Audience (LinkedIn): 7k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. The Bitcoin Family Office Group) announced in 12 mo
Funding rounds
- Sep 2025Post IPO$7.9M
- May 2025Post IPO$100.4K
- Feb 2025Post IPO$93.1K
- Dec 2024Post IPO$1.4M
Founders & team
Tech stack
AdrollAmazon CloudfrontAmazon S3Amazon Web ServicesAngularApple Icloud Mail
Funding & investor landscape
$5.7Btotal disclosed funding
159companies funded
317disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Michael Katchen
Co-Founder & CEO · Wealthsimple
Brett Huneycutt
Co-Founder & Chief Product Officer · Wealthsimple
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
Prism market signals · Canada · country-scoped Prism corpus, 8,329,742 docs
Market landscape — 10 sub-themes by coverage
Share of Blockchain Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Canada
How research on Blockchain is moving in Canada
A read on the academic research around Blockchain — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,050 Canada-affiliated papers.
research sentiment over time
201720222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 33% → 62% across 2017–2026.
top research entities
- Carleton University68
- University of British Columbia64
- Toronto Metropolitan University60
- University of Toronto58
- École de Technologie Supérieure52
leading researchers
F. Richard Yu · Gautam Srivastava · Hamed Taherdoost · Jelena Mišić · Vojislav B. Mišić · Kaiwen Zhang · Xiaolin Chang · Dusit Niyato
▲
Breakthroughs434 · 41%
▲ 25%→42% share
▲1.7× share momentum4 median citations88% since 2021mostly methods-led
Computer security research is surging — rising from 1 to 206 papers as blockchain breakthroughs claim 42% field-share.
rising sub-themes (early→recent)
- Computer security1→206
- Distributed computing1→44
- Internet of Things1→37
- Protocol (science)1→12
- Peer-to-peer1→4
Newly emergingComputer network 0→49 · Scalability 0→47 · Smart contract 0→40
Landmark OmniLedger: A Secure, Scale-Out, Decentralized Ledger via Sharding · 1,186 cites
◆
Advancements358 · 34%
▼ 38%→35% share
▼0.9× share momentum4 median citations89% since 2021mostly methods-led
Distributed computing emerged brand-new with 39 papers, anchoring blockchain advancement research at 35% field-share.
rising sub-themes (early→recent)
- Computer security2→143
- Internet of Things2→27
- Smart contract1→25
- Cryptocurrency1→14
- Block (permutation group theory)1→11
Newly emergingDistributed computing 0→39 · Computer network 0→34 · Supply chain 0→31
Landmark Blockchain-Based Decentralized Trust Management in Vehicular Networks · 911 cites
▼
Concerns200 · 19%
▲ 12%→18% share
▲1.5× share momentum9 median citations82% since 2021mostly reviews
Data science concerns emerged brand-new with 26 papers as blockchain risk research intensified from 12% to 18% field-share.
rising sub-themes (early→recent)
- Computer security2→88
- Internet of Things1→15
- Corporate governance1→9
- Knowledge management1→7
Newly emergingData science 0→26 · Transparency (behavior) 0→17 · Cryptocurrency 0→15
Landmark Blockchain Technology in Healthcare: A Systematic Review · 1,061 cites
RESEARCH HOTSPOTS · Canada
Where blockchain is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Toronto116 · +0.53
Ottawa/Kingston97 · +0.62
Vancouver81 · +0.47
Montreal61 · +0.47
Waterloo/Hamilton60 · +0.60
Edmonton/Calgary44 · +0.48
PATENT SIGNAL · Canada
Who's filing blockchain patents in Canada
Canada blockchain patent filing is accelerating — 597 filings from 190 assignees (2016–2025), led by Toronto Dominion BANK, Beatdapp Software, Upstream DATA; annual filings 1→80.
597 filings190 assigneespeak 95/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Toronto Dominion BANK103
- Beatdapp Software40
- Upstream DATA31
- ZEU TECH30
- Shopify29
- DLT Global21
- Royal BANK Of Canada20
- Neuralia TECH16
Common questions
How many Blockchain Technology companies are there in Canada?
Radar tracks 646 indexable Blockchain Technology companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Blockchain Technology companies in Canada?
The Blockchain Technology companies in Canada on this list have raised a combined $5.7B in disclosed equity funding across 159 funded companies.
Which is the highest-funded Blockchain Technology company in Canada?
Wealthsimple is the highest-funded Blockchain Technology company in Canada, with $901.3M in disclosed equity funding.
How many Blockchain Technology companies in Canada are funded?
159 of the 646 Blockchain Technology companies in Canada on this list have disclosed at least one equity funding round.
How many Blockchain Technology unicorns are there in Canada?
6 Blockchain Technology companies in Canada on this list are valued at $1B or more.
Who are the top investors in Canada Blockchain Technology companies?
The most active investors in Canada Blockchain Technology companies on this list include SNZ, Outlier Ventures, Coinbase, DFG, AU21 Capital.
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.