Radar · Cryptocurrencies in Ontario
Best Cryptocurrencies Companies in Ontario, Canada
The 222 best Cryptocurrencies companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Wealthsimple.
By Rohit KhannaTrends & Stories
222companies tracked
$2.5Bdisclosed funding
1unicorns
55have raised
FLIAR INTELLIGENCE · CRYPTOCURRENCIES × ONTARIO
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
457kcombined LinkedIn audience
78%of audience held by top 3
2companies hiring publicly (12 mo)
Ranked: Best Cryptocurrencies companies in Ontario
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | 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 | ContentfulSentryZendesk+34 | 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 | DrupalApple iCloud MailMicrosoft 365+31 | — | — |
| 3 | Hut 8 Mining Digital asset mining and performance computing solutions for individuals | $116M | 53 mo ago | Public | 71 | Jaime Leverton Chief Executive Officer | — | — | 1 expansion |
| 4 | 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 | 7 mo ago | Series B | 54 | — | SentryZendeskApple iCloud Mail+31 | — | — |
| 5 | 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 |
| 6 | Coinsquare Cryptocurrency trading platform | $95M | 60 mo ago | Series C | 103 | Virgile Rostand Founder & President | WebflowApple iCloud MailSalesforce+17 | — | 1 partnership |
| 7 | GoNetwork Low cost mobile first network infrastructure for Ethereum | $47M | 95 mo ago | Funding Raised | — | Xun Cai Co-Founder & COO | — | — | — |
| 8 | 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 | — | — | — |
| 9 | 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 |
| 10 | The Open Application Network Cross-platform application development solutions provider | $22M | 104 mo ago | Seed | 14 | — | — | — | — |
| 11 | Hyperblock Crypto mining facilities | $22M | 99 mo ago | Deadpooled | — | Sean Walsh Founder & CEO | — | — | — |
| 12 | 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 | — | — |
| 13 | Newton Cryptocurrency exchange platform | $20M | 52 mo ago | Series B | 60 | Dustin Walper CEO | WebflowApple iCloud MailGoogle Workspace+26 | 8 patents Construction methods for parking structures and bridge replacement/rehabilitation. | — |
| 14 | 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 | — | — |
| 15 | STK token Token for cryptocurrency payment at POS | $17M | 101 mo ago | Deadpooled | — | Miro Pavletic Co-Founder & CEO | — | — | — |
| 16 | Helika Provider of web3 behavioral analytics platform | $13M | 28 mo ago | Series A | 29 | Artem Germanov Co-Founder & CTO | WordPressMySQLPHP+19 | — | — |
| 17 | Biconomy App-based platform for the exchange of cryptocurrencies | $12M | 54 mo ago | Funding Raised | — | Dmitriy Sheludko CEO | SentryZendeskNode.js+14 | — | — |
| 18 | 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 | — | — |
| 19 | Integral Platform offering software tools for financial management to crypto businesses | $8M | 27 mo ago | Seed | 24 | Gui Laliberte Founder & CEO | — | — | — |
| 20 | VirgoCX Cryptocurrency exchange platform | $8M | 32 mo ago | Series A | 43 | Adam Cai CEO | Node.jsTailwind CSSAnt Design+17 | — | — |
| 21 | ePIC Blockchain Hardware-based mining infrastructure for cryptocurrencies | $8M | 62 mo ago | Series A | 17 | Earl Mai Co-Founder & CTO | WordPressMySQLPHP+25 | 4 patents Efficient hardware designs for memory‑intensive ASIC‑resistant cryptographic algorithms | — |
| 22 | BeamSwap Online platform offering multiple crypto-based financial services | $7M | 53 mo ago | Funding Raised | — | Tim CEO | Node.jsHeadless UITailwind CSS+13 | — | — |
| 23 | Bluefin Decentralized digital asset trading platform | $6M | 61 mo ago | Seed | 42 | Wilson Kwan Co-Founder & Managing Director | SentryTypeScriptGraphQL+23 | — | — |
| 24 | Rails Online platform for cryptocurrency derivatives trading | $6M | 29 mo ago | Series A | — | Rick Marini Co-Founder | SentryZendeskGoogle Sign-in+13 | — | — |
| 25 | Alkemi Decentralized liquidity network providing compliant DeFi solutions | $5M | 61 mo ago | Series A | 14 | Ben Cooper Co-Founder | — | — | — |
| 26 | 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 | — | — |
| 27 | SDM Provider of digital asset liquidity and settlement solutions for institutions | $4M | 56 mo ago | Series A | 46 | Mostafa Al-Mashita Cofounder. Director | Webflowcore-jsjQuery+12 | — | — |
| 28 | CoinSmart Financal solutions for cryptocurrencies | $4M | 63 mo ago | Acquired | 45 | — | Reactstyled-componentsAmazon Web Services+9 | — | 1 partnership |
| 29 | 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 |
| 30 | Atomic.Finance Online alternative trading platform for Bitcoin | $2M | 51 mo ago | Series B | 5 | — | WebflowUbuntuNginx+13 | — | — |
| 31 | 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 | — | — |
| 32 | DeFi.Gold Decentralized exchange and non-fungible token marketplace | $2M | 21 mo ago | Seed | — | Mona Coyle CEO | — | — | — |
| 33 | Tholos Platform offering a crypto wallet | $2M | 40 mo ago | Seed | 6 | — | Tailwind CSSAstroPriority Hints+5 | — | — |
| 34 | Vouchr Online platform offering gift cards and personalised solution | $2M | 103 mo ago | Seed | 11 | Robert Balahura Co-Founder | — | 2 patents Real-time event-driven payment processing platforms for transaction handling | — |
| 35 | Tritum Institutional digital asset solutions | $1M | 48 mo ago | Deadpooled | 5 | — | — | — | — |
| 36 | Mavennet Blockchain & AI-enabled financial products | $1M | 63 mo ago | Funding Raised | 18 | — | — | — | — |
| 37 | 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 | — | — |
| 38 | Satstreet Online trading platform for cryptocurrencies | $489K | 70 mo ago | Seed | 8 | Michael Nasser Co-Founder | — | — | — |
| 39 | InvestDEFY AI platform for staking, index tracking, and investing in cryptocurrencies | $400K | 43 mo ago | Seed | 7 | James Niosi Chief Executive Officer & Co-Founder | — | — | — |
| 40 | StorsApp Decentralized cross-border lending to small businesses | $340K | 35 mo ago | Seed | 3 | Adebayo Alonge Founder & CEO | — | — | — |
| 41 | Dunia Payment Cryptocurrency-based payment solutions | $313K | 64 mo ago | Seed | — | Serge Kiema Co-Founder & CEO | — | — | — |
| 42 | Blockstation Enabler of Decentralized trading ecosystem | $200K | 20 mo ago | Seed | — | Jai Waterman Co-Founder & CTO | — | — | — |
| 43 | Qoda DeFi lending/borrowing protocol built on Moonbeam network | $138K | 24 mo ago | Funding Raised | — | Dhruv Dang Co-Founder | — | — | — |
| 44 | Medical Veda Provides AI and blockchain based health portal to patients and clinics for transaction | $124K | 23 mo ago | Funding Raised | — | Amir Neghabian Founder | — | — | — |
| 45 | Balance Digital asset custody management platform | $120K | 83 mo ago | Seed | 17 | George Bordianu Co-founder | RubyRuby on RailsAmazon Web Services+10 | — | 1 launch · 2 partnerships |
| 46 | Tinkercoin Provides algorithms for Bitcoin trading. | $120K | 144 mo ago | Seed | 3 | — | — | — | — |
| 47 | Coinkite Bitcoin payment terminal | $115K | 159 mo ago | Seed | 5 | — | JekyllRubyVarnish+15 | — | — |
Top 12 Cryptocurrencies companies in Ontario
#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 — 62.2% 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 — 3.6% 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 — 6.3% 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
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
#6
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
#7
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
#8
Series A · Etobicoke, Ontario · founded 2022$18.3Mraised▾
Series A · Etobicoke, Ontario · founded 2022
Provider of digital asset issuance platform. It enables the issuance of digital assets, such as stablecoins, on blockchains through its high-security architecture.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Tech
top 38%Talent
top 38%Growth
top 45%Funding
top 46%Global
bottom 48%Market
bottom 37%Tech: 31 technologies across 5/8 capability areas · Cloud: Cloudflare, Fastly · Devops: Varnish
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Growth: Web rank 5,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 1k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Fairblock) announced in 12 mo
Funding rounds
- Nov 2024Series A$15M
- Oct 2023Seed$3.3M
Founders & team
Investors
Paradigm, Polychain
Tech stack
CdnjsCloudflareFramer SitesGoogle AnalyticsGoogle Font ApiGoogle Tag Manager
#9
Public · Toronto, Ontario · founded 2018 · 12 employees$2.4Mraised▾
Public · Toronto, Ontario · founded 2018 · 12 employees
FRNT Financial provides digital asset trading solutions. It offers a cryptocurrency trading & exchange platform for institutional and accredited investors. It offers automated white-labeled trading, real-time market data, research, and analytics.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Product
top 14%News
top 18%Innovation
top 23%Growth
top 23%Talent
bottom 49%Funding
bottom 42%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 · Top themes: Board, Leadership, Acquisition
Innovation: 9 product lines · Deep-tech classification: Blockchain
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Jun 2025Post IPO$1.5M
- May 2024Post IPO$910.7K
- Jun 2019Seed—
Founders & team
Investors
Calvin Ayre
Tech stack
WebflowJqueryGoogle Hosted LibrariesGoogle AnalyticsUnpkgGoogle Font Api
#10
Seed · Toronto, Ontario · founded 2019$2.2Mraised▾
Seed · Toronto, Ontario · founded 2019
Decentralized exchange and non-fungible token marketplace. It enables trading of various assets, including NFTs, tokens, and other digital assets, while also offering a launchpad for new projects.
Funding rounds
- Sep 2024Seed$2.2M
Founders & team
Investors
Cypher Capital, Andromeda Protocol, Elevate Capital
#11
Series A · Toronto, Ontario · founded 2022 · 29 employees$12.6Mraised▾
Series A · Toronto, Ontario · founded 2022 · 29 employees
Provider of web3 behavioral analytics platform. It provides users with tools that help customers to understand and grow their community. It allows users to create custom slices of activity, users, or other KPIs based on their specific business context and model, and Visualize and analyze activities to make sense of key engagement, growth, and revenue metrics.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Funding rounds
- Feb 2024Series A$8M
- Mar 2023Seed$4M
- 2022Seed$600K
Founders & team
Investors
Diagram Ventures, Pantera Capital, Sparkle Ventures, Sfermion, Scopely, Animoca Brands
Tech stack
Contact Form 7Core-JsElementorGodaddyGoogle AnalyticsGoogle Font Api
#12
Public · Toronto, Ontario · founded 2011 · 71 employees$115.7Mraised▾
Public · Toronto, Ontario · founded 2011 · 71 employees
Digital asset mining and performance computing solutions for individuals. It enables users to access a proprietary mix of hardware, software, and operational expertise to construct, optimize and manage data centers in jurisdictions. It offers white-label high-performance compute hosting, as well as yield & income programs for users.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 42k LinkedIn followers — 9.2% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Funding rounds
- Jan 2022Post IPO—
- Jan 2021Post IPO$103.7M
- Jun 2020Post IPO$6.1M
- Feb 2018Post IPO$2.9M
Founders & team
Investors
Almanack Investment Partners, Fidelity Investments, Bitfury, Broocknell Ventures, Mission Gate, Firstblocks
Tech stack
WordpressMysqlPhpBootstrapGsapYoast Seo
Funding & investor landscape
$2.5Btotal disclosed funding
49companies funded
98disclosed rounds
0rounds last 90 days
Most active investors
Techstars3 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
Andrei Poliakov
Founder & CEO · APX Lending
Alex McDougall
President & CEO · StableCorp
John Letey
Co-Founder & CTO · Noble
Jelena Djuric
Co-Founder & CEO · Noble
Stéphane Ouellette
CEO & Co-Founder · FRNT Financial
Mona Coyle
CEO · DeFi.Gold
Artem Germanov
Co-Founder & CTO · Helika
Anton Umnov
Co-Founder & CEO · Helika
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 focus on crypto's data-layer fundamentals.
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, intensifying alongside Blockchain rising from 2 to 20.
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 concerns nearly quadrupled (9→38 papers) even as Concerns' overall field-share cooled from 57% to 30%.
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 Ontario, Canada?
Radar tracks 222 indexable Cryptocurrencies companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Cryptocurrencies companies in Ontario, Canada?
The Cryptocurrencies companies in Ontario, Canada on this list have raised a combined $2.5B in disclosed equity funding across 49 funded companies.
Which is the highest-funded Cryptocurrencies company in Ontario, Canada?
Wealthsimple is the highest-funded Cryptocurrencies company in Ontario, Canada, with $901.3M in disclosed equity funding.
How many Cryptocurrencies companies in Ontario, Canada are funded?
49 of the 222 Cryptocurrencies companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Cryptocurrencies unicorns are there in Ontario, Canada?
1 Cryptocurrencies company in Ontario, Canada on this list is valued at $1B or more.
Who are the top investors in Ontario, Canada Cryptocurrencies companies?
The most active investors in Ontario, Canada Cryptocurrencies companies on this list include OneEleven, Accelerator Centre, MaRS Discovery District, Techstars, Velocity.
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.