Radar · Cryptocurrencies in Canada
Best Cryptocurrencies Companies in Canada
The 416 best Cryptocurrencies 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
416companies tracked
$3.2Bdisclosed funding
1unicorns
109have raised
Canada's Cryptocurrencies sector is bigger than most people clock: 416 companies tracked, $3.2B in disclosed funding, and one unicorn already on the board. This directory ranks them by equity raised and recent funding momentum, so you can see exactly where capital is concentrating. Wealthsimple leads at $901M, Bitfarms sits close behind at $855M, and the gap to third place (Ledn at $104M) tells you how top-heavy this market still is. The sector's growing at a CAGR of roughly 4.6%, driven by crypto-as-payment adoption, investment demand, and a transparency argument that keeps pulling in new users.
But the friction is real. Uncertain regulatory status and persistent privacy concerns are the two structural headwinds I'd watch most closely this quarter. Stablecoin fx impact is a hot theme right now, and recent stablecoin policy moves are reshaping how Canadian firms think about cross-border positioning. Meanwhile, Europol's IOCTA 2026 findings on AI-assisted cybercrime are exactly the kind of security pressure that makes cautious institutional money hesitate. So what does that mean for the 414 companies sitting below the Wealthsimple-Bitfarms tier? It means differentiation on compliance and custody is the real race right now.
FLIAR INTELLIGENCE · CRYPTOCURRENCIES × CANADA
Our analysis of 50 Cryptocurrencies companies
$7.1b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2026.
50companies analysed
100%cloud-native stacks
2026funding peak (by rounds)
10unicorns
2020median founding year
555kcombined LinkedIn audience
65%of audience held by top 3
2companies hiring publicly (12 mo)
Ranked: Best Cryptocurrencies companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Market signals (1y) | 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 | ContentfulSentryZendesk+34 | 6 signals ▼57% Funding | 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 | DrupalApple iCloud MailMicrosoft 365+31 | 57 signals ▼34% Earnings · Leadership · Acquisition | — |
| 3 | HIVE Blockchain Technologies Crypto-mining solutions | $245M | 55 mo ago | Public | 35 | — | — | — | — |
| 4 | 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 |
| 5 | 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 | — | SentryZendeskApple iCloud Mail+31 | — | — |
| 6 | 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 |
| 7 | Coinsquare Cryptocurrency trading platform | $95M | 60 mo ago | Series C | 103 | Virgile Rostand Founder & President | WebflowApple iCloud MailSalesforce+17 | — | 1 partnership |
| 8 | Mango Platform for lending, trading, and portfolio management | $70M | 58 mo ago | Deadpooled | — | Dafydd Durairaj Co-Founder | — | — | — |
| 9 | GoNetwork Low cost mobile first network infrastructure for Ethereum | $47M | 95 mo ago | Funding Raised | — | Xun Cai Co-Founder & COO | — | — | — |
| 10 | 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 | — | — | — |
| 11 | 3Commas Trading bots for cryptocurrency trading | $40M | 44 mo ago | Series B | 270 | Yuriy Sorokin Founder | PrismicSentryApple iCloud Mail+26 | — | 1 launch |
| 12 | Shakepay App-based exchange platform for cryptocurrency | $35M | 53 mo ago | Series A | 71 | Roy Breidi Founder & CTO | Apple iCloud MailGoogle WorkspaceAnimate.css+18 | — | — |
| 13 | HashChain Cryptocurrency mining services provider | $32M | 100 mo ago | Public | 9 | Patrick Gray Founder & CEO | — | — | — |
| 14 | CoinPayments Payment gateway solutions for cryptocurrencies | $30M | 90 mo ago | Series A | 53 | — | WordPress Block EditorWordPressMySQL+36 | — | 2 partnerships |
| 15 | MeetAmi Innovations Online platform offering digital asset investing solutions | $29M | 50 mo ago | Seed | 15 | Hashim Mitha CEO | — | — | — |
| 16 | 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 |
| 17 | WonderFi Personal finance management solutions for cryptocurrencies | $21M | 40 mo ago | Acquired | 67 | Cong Ly Co-Founder and CTO | Webflowanime.jsVimeo+20 | 10 signals ▲150% Earnings · Lawsuit · M&A | — |
| 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 | WebflowCart FunctionalityBootstrap+23 | — | — |
| 19 | Newton Cryptocurrency exchange platform | $20M | 52 mo ago | Series B | 60 | Dustin Walper CEO | WebflowApple iCloud MailGoogle Workspace+26 | 7 signals Leadership · M&A | — |
| 20 | 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 | — |
| 21 | 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 | — | — |
| 22 | 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 | Framer SitesThree.jsReact+13 | — | — |
| 23 | Helika Provider of web3 behavioral analytics platform | $13M | 28 mo ago | Series A | 29 | Artem Germanov Co-Founder & CTO | WordPressMySQLPHP+19 | — | — |
| 24 | Biconomy App-based platform for the exchange of cryptocurrencies | $12M | 54 mo ago | Funding Raised | — | Dmitriy Sheludko CEO | SentryZendeskNode.js+14 | — | — |
| 25 | LQwD Blockchain-based infrastructure for the finance industry | $11M | 17 mo ago | Public | 13 | Shone Anstey CEO | — | — | — |
| 26 | Layer2 Financial Platform offering crypto banking-as-a-service | $10M | 26 mo ago | Series A | 14 | Tarun Mistry Co-Founder | Apple iCloud MailRubyRuby on Rails+11 | — | — |
| 27 | 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 |
| 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 | VirgoCX Cryptocurrency exchange platform | $8M | 32 mo ago | Series A | 43 | Adam Cai CEO | Node.jsTailwind CSSAnt Design+17 | — | — |
| 30 | Ruby Protocol Decentralized privacy-centric protocol for Web3 | $7M | 24 mo ago | Series A | 8 | Suhas Hegde Co-Founder & Head Of Technology | — | — | — |
| 31 | 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 | — | WordPress Block EditorWordPressApple iCloud Mail+14 | — | 1 partnership |
| 32 | Rails Online platform for cryptocurrency derivatives trading | $6M | 29 mo ago | Series A | — | Rick Marini Co-Founder | SentryZendeskGoogle Sign-in+13 | — | — |
| 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 | Apple iCloud MailGoogle WorkspaceNode.js+26 | — | 1 partnership |
| 34 | VitaDAO Online platform for collective funding and advancing longevity research | $5M | 40 mo ago | Series A | 46 | Tyler Golato Founder | Webflow EcommerceWebflowAmazon Web Services+18 | — | — |
| 35 | Neutronpay Platform offering payment gateway solutions to businesses | $4M | 26 mo ago | Seed | 3 | Albert Buu Founder & CEO | — | — | — |
| 36 | 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 | Framer SitesReactAmazon Web Services+6 | — | 1 partnership |
| 37 | 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 |
| 38 | Octav Data analytics platform for DeFi investment activities | $3M | 33 mo ago | Seed | 11 | Mathieu Baril Co-Founder & CEO | TurbopackNode.jsGoogle Sign-in+22 | — | 1 partnership |
| 39 | Portals Online yield and protocol aggregator for transaction bundling | $3M | 33 mo ago | Seed | 4 | Suhail Gangji Co-Founder & CEO | TurbopackSentryNode.js+16 | — | — |
| 40 | 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 | WebflowAmazon Web ServicesSwiper+10 | 9 signals Board · Leadership · Acquisition | — |
| 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 | ReactReact RouterMicrosoft Advertising+11 | — | — |
| 43 | Defi Provider of diversified Defi solutions | $2M | 18 mo ago | Seed | — | Dan Greer Co-Founder | Proton MailGitBookNode.js+11 | — | — |
| 44 | SPIRIT Blockchain Platform offering treasury management, research & advisory, staking & mining for blockchain & digital assets | $2M | 15 mo ago | Public | 8 | — | WordPress Block EditorWordPressMySQL+22 | — | — |
| 45 | tmrw Provider of social fintech platform for exchanging bitcoins | $1M | 21 mo ago | Seed | — | Alexandra Lutchman Cofounder and Head of Product | — | — | — |
| 46 | 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 | — |
| 47 | BlocPal Blockchain-based financial transaction platform | $742K | 16 mo ago | Seed | 500 | — | — | — | — |
| 48 | NextGen Digital Platforms Provider of cryptocurrency portfolio proxy focused on Solana, XRP, and Dogecoin | $592K | 8 mo ago | Public | — | Matthew Priebe CEO | — | — | — |
| 49 | BlockchainK2 Cryptocurrency mining platform | $544K | 25 mo ago | Public | 6 | — | — | 3 signals Funding | — |
| 50 | Blockstation Enabler of Decentralized trading ecosystem | $200K | 20 mo ago | Seed | — | Jai Waterman Co-Founder & CTO | — | — | — |
Top 12 Cryptocurrencies 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 — 51.2% of this cohort's audience · 121 engagements/post (9.7× 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
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
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 — 5.2% 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
#4
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
#5
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
#6
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
#7
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
#8
Acquired · Calgary, Alberta · founded 2019 · 8 employees$7.2Mraised▾
Acquired · Calgary, Alberta · founded 2019 · 8 employees
Financial custodian solutions for digital assets. Its features are regulated by financial institutions, audited by third-party financial and security, backed by insurance policy, and more. It provides solutions for segregated wallets, withdrawals, and more.
Fliar Intelligence Index™ 14how this company ranks against its industry peers
Funding
top 41%Product
top 46%Moat
top 48%Innovation
bottom 45%Tech
bottom 37%Global
bottom 36%Funding: Raised $7.2M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Series A (Sep 2025)
Product: 0 product launch events in 12 mo, 1 the year before · Company stage: Acquired
Moat: Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 5k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Moneda) announced in 12 mo
Funding rounds
- Sep 2025Series A$7.2M
- Jul 2021Seed—
Investors
Mogo, Coinsquare, Canadian Securities Exchange, Coinbase, Wealthsimple, Purpose Unlimited
#9
Seed · Toronto, Ontario · founded 2023$20Mraised▾
Seed · Toronto, Ontario · founded 2023
APX Lending is a secure crypto-backed lending platform that provides loans using Bitcoin and Ethereum as collateral. We are the only crypto-backed lender in Canada with CSA exemptive relief, and we operate with full FINTRAC and FinCEN registration. Collateral is held with BitGo in insured, segregated cold-storage wallets, visible on-chain to every borrower. APX does not reinvest or rehypothecate collateral. Our loans feature flexible terms, competitive rates, and simple cost structures with no origination or management fees. APX serves individuals, businesses, OTC desks, and crypto-native firms across Canada and more than 30 US states.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Growth
top 35%Tech
top 36%Funding
top 48%Talent
bottom 49%Innovation
bottom 47%Product
bottom 47%Growth: Fresh capital in last 24 mo
Tech: 35 technologies across 5/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity
Funding: Raised $20.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (May 2025)
Audience (LinkedIn): 549 LinkedIn followers
Funding rounds
- May 2025Seed—
- Apr 2025Conventional Debt$20M
Founders & team
Investors
CHP, BIGG Digital Assets
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#10
Series A · Toronto, Ontario · founded 2019 · 10 employees$3.1Mraised▾
Series A · Toronto, Ontario · founded 2019 · 10 employees
Decentralized stable coin used for enabling B2B payments. The coin is pegged to the Canadian dollar enables instant B2B transactions for various domestic & international purposes. Provides KYC and AML compliant authentication solutions to restrict access to these transactions. Also, it offers exchange solutions to convert to Canadian dollars.
Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 48%Moat
top 48%Talent
bottom 49%News
bottom 42%Tech
bottom 39%Global
bottom 39%Funding: Raised $3.1M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) · Last round Series A (Sep 2025)
Moat: Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. StableFX) announced in 12 mo
Funding rounds
- Sep 2025Series A$3.6M
- May 2025Seed$1.8M
- Apr 2022Seed$1.5M
- Feb 2021Seed$1.6M
Founders & team
Investors
VersaBank, Borderless Capital, 3iQ, Mavennet, Genesis, Stellar
Tech stack
Amazon Web ServicesFramer SitesGoogle Font ApiHstsHttp/3Microsoft 365
#11
Seed · Calgary, Alberta · founded 2025$3Mraised▾
Seed · Calgary, Alberta · founded 2025
Provider of a platform for accessing and managing a digital dollar. The platform facilitates settlements and cross-border transactions using blockchain technology. It offers regulatory compliance, verified reserves, and institutional-grade security. The platform is built for businesses to navigate regulatory frameworks and manage liquidity.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 48%Talent
bottom 49%Global
bottom 48%Funding: Raised $3.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Oct 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Investors from 1 country beyond Canada
Audience (LinkedIn): 483 LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Oct 2025Seed$3M
Founders & team
Investors
Version One Ventures, Garage Capital
#12
Seed · High River, Alberta · founded 2025$2Mraised▾
Seed · High River, Alberta · founded 2025
Developer of a liquidity layer for decentralized finance applications. It provides a dynamic infrastructure for decentralized applications. The layer enhances the functionality and efficiency of decentralized financial systems.
Funding rounds
- Oct 2025Seed$2M
Founders & team
Investors
Comma3 Ventures, Sui Foundation, Antora, Arche Fund
Tech stack
CloudflareCloudflare Bot ManagementCloudflare Browser InsightsCookiebotGoogle AnalyticsGoogle Font Api
Funding & investor landscape
$3.2Btotal disclosed funding
96companies funded
197disclosed rounds
0rounds last 90 days
Most active investors
Techstars4 rounds
Notable founders
Michael Katchen
Co-Founder & CEO · Wealthsimple
Brett Huneycutt
Co-Founder & Chief Product Officer · Wealthsimple
Bonta Nicolas
Founder & Chairman at Bitfarms · Bitfarms
David Jellins
CEO · CryptoStar
Shone Anstey
CEO · LQWD
Adam Brien
Founder & CEO · Bitcoin Well
Andrei Poliakov
Founder & CEO · APX Lending
Alex McDougall
President & CEO · StableCorp
Kevin Zhang
Co-Founder · Loon
Owen Jones
Owner · Ferra
John Letey
Co-Founder & CTO · Noble
Jelena Djuric
Co-Founder & CEO · Noble
Prism market signals · Canada · country-scoped Prism corpus, 8,196,229 docs
Market landscape — 10 sub-themes by coverage
Share of Cryptocurrencies coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Canada
How research on Cryptocurrency is moving in Canada
A read on the academic research around Cryptocurrency — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 545 Canada-affiliated papers.
research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 24% → 18% across 2016–2026.
top research entities
- Bank of Canada50
- York University39
- University of Toronto31
- Concordia University27
- University of Manitoba26
leading researchers
Ruppa K. Thulasiram · A. Thavaneswaran · Kaiwen Zhang · Qusay H. Mahmoud · Abdelatif Hafid · Jeremy Clark · Salim Lahmiri · Abdelhakim Hafid
▲
Breakthroughs118 · 22%
▲ 14%→21% share
▲1.5× share momentum3 median citations65% since 2021mostly methods-led
Database transaction research newly emerged with 16 papers, signaling Canadian institutions pivoting toward transactional blockchain architecture breakthroughs.
rising sub-themes (early→recent)
- Computer security4→19
- Blockchain2→15
- Payment2→9
- Cryptography1→5
- Anonymity3→7
Newly emergingDatabase transaction 0→16 · Econometrics 0→11 · Digital currency 0→9
Landmark SoK: Research Perspectives and Challenges for Bitcoin and Cryptocurrencies · 1,211 cites
◆
Advancements138 · 25%
▲ 14%→26% share
▲1.9× share momentum3 median citations68% since 2021mostly methods-led
Computer security advancements newly surged to 29 papers, dominating a segment whose field-share nearly doubled from 14% to 26%.
rising sub-themes (early→recent)
- Blockchain2→20
- Digital currency1→17
- Database transaction1→8
- Proof-of-work system1→4
Newly emergingComputer security 0→29 · Econometrics 0→18 · Volatility (finance) 0→12
Landmark A Complete VADER-Based Sentiment Analysis of Bitcoin (BTC) Tweets during the Era of COVID-19 · 183 cites
▼
Concerns177 · 32%
▼ 57%→30% share
▼0.5× share momentum5 median citations62% since 2021mostly empirical
Digital currency concern papers rose sharply from 9 to 38, driving a segment that still commands 30% of Canadian crypto research.
rising sub-themes (early→recent)
- Digital currency9→38
- Computer security5→30
- Blockchain1→22
- Monetary economics3→16
- Monetary policy1→9
Newly emergingDistributed ledger 0→7 · Data science 0→7 · Context (archaeology) 0→7
Landmark Is Bitcoin Really Untethered? · 511 cites
RESEARCH HOTSPOTS · Canada
Where cryptocurrency 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.
Toronto54 · +0.31
Montreal36 · +0.29
Ottawa/Kingston33 · +0.31
Vancouver31 · +0.10
Waterloo/Hamilton31 · +0.39
Edmonton/Calgary23 · +0.20
PATENT SIGNAL · Canada
Who's filing cryptocurrency patents in Canada
Canada cryptocurrency patent filing is accelerating — 106 filings from 64 assignees (2016–2025), led by Toronto Dominion BANK, Royal BANK Of Canada, Hestia Heating; annual filings 1→24.
106 filings64 assigneespeak 27/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Toronto Dominion BANK24
- Royal BANK Of Canada14
- Hestia Heating9
- Datex8
- Perspecsys6
- Shopify5
- ANG George Weilun4
- Intel4
Common questions
How many Cryptocurrencies companies are there in Canada?
Radar tracks 416 indexable Cryptocurrencies companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Cryptocurrencies companies in Canada?
The Cryptocurrencies companies in Canada on this list have raised a combined $3.2B in disclosed equity funding across 96 funded companies.
Which is the highest-funded Cryptocurrencies company in Canada?
Wealthsimple is the highest-funded Cryptocurrencies company in Canada, with $901.3M in disclosed equity funding.
How many Cryptocurrencies companies in Canada are funded?
96 of the 416 Cryptocurrencies companies in Canada on this list have disclosed at least one equity funding round.
How many Cryptocurrencies unicorns are there in Canada?
1 Cryptocurrencies company in Canada on this list is valued at $1B or more.
Who are the top investors in Canada Cryptocurrencies companies?
The most active investors in Canada Cryptocurrencies companies on this list include Mechanism Capital, OneEleven, Techstars, Accelerator Centre, BoxOne Ventures.
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.