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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE CANADA EDITION 2026

Canada’s
crypto exchanges and wallets industry,
in focus.

The companies, capital and talent shaping crypto exchanges and wallets in Canada. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Crypto Exchanges and Wallets Industry Landscape of Canada
CA
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Crypto Exchanges and Wallets illustration
Companies tracked 357Crypto Exchanges and Wallets ecosystem in Canada Disclosed funding $3.1B50 companies · all recorded rounds Companies hiring 9With open roles at the snapshot Tracked open roles 310 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore Canada’s crypto exchanges and wallets leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Explore the full landscape
Crypto Exchanges and Wallets company highlights in Canada, snapshot 3 September 2026
Company
Wealthsimplewealthsimple.com$1.29B6 roles29—
Bitfarmsbitfarms.com$855.49M6 roles140—
HIVE Blockchain Technologieshiveblockchain.com$244.52M—35—
Hut 8 Mininghut8mining.com$115.74M—71—
Coinsquarecoinsquare.com$94.67M—103—
DMGdmgblockchain.com$78.89M—23—
CryptoStarcryptostar.com$46.19M———
3Commas3commas.io$40M—270—
Steersteer.finance—9 roles5—
NDAXndax.io—2 roles55—
One37one37id.com—2 roles——
Railsrails.xyz—2 roles——
Toonietoonieholding.com—2 roles——
Africhangeafrichange.com—1 roles——
1Bitcoin1bitcoin.ca————
Biconomybiconomy.com————
Bluesky Digital Assetsblueskydigitalassets.com————
Cathedracathedra.com——5—
CoinPaymentscoinpayments.net——53—
FRNT Financialfrnt.io——12—
Fintech Selectfintechselect.com——51—
Margexmargex.com————
Newtonnewton.co——60—
SATO Technologies Corpbysato.com——13—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Crypto Exchanges and Wallets industry KPIs in Canada

A few useful ratios bring the size of this ecosystem into perspective.

3 September 2026
Hiring participation2.5%

9 of 357 tracked companies have open roles.

Funding participation16.0%

57 of 357 tracked companies have a recorded round.

Top 3 funding share77.3%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$2.3M

Midpoint of 114 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 77.3% of disclosed capital, while 84.0% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Canada crypto exchanges and wallets has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Canada crypto exchanges and wallets
$0$378.12M$756.23M$1.13B$1.51B2016: $125.24K20162017: $178.5M20172018: $150.08M20182019: $125.77M20192020: $99.03M20202021: $1.33B20212022: $97.89M20222023: $48.84M20232024: $16.81M20242025: $1.02B2025
View the numbers
Annual crypto exchanges and wallets funding and company formation in Canada
YearFunding (USD)FoundedRaising
2016$125.24K122
2017$178.5M406
2018$150.08M349
2019$125.77M256
2020$99.03M308
2021$1.33B2619
2022$97.89M1910
2023$48.84M145
2024$16.81M157
2025$1.02B779
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Wealthsimple41.8%
  • Bitfarms27.6%
  • HIVE Blockchain Technologies7.9%
  • Other companies22.7%

Funding by stage

137 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel35 25.5%
Series A–B18 13.1%
Series C+ / PE7 5.1%
Grants, debt & other77 56.2%

Recent recorded rounds

Latest recorded rounds · USD
1 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

The measured Canada identity-to-filing probe did not produce a qualifying designated legal or national-ID join: world_filings_distributed exposes no reviewed Canadian national-ID key; none of the designated Canadian identities carried a CIK.; The measured Canada identity-to-filing probe did not produce a qualifying designated legal or national-ID join: world_filings_distributed exposes no reviewed Canadian national-ID key; none of the designated Canadian identities carried a CIK.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Canada companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Most-installed apps

22 of these companies (6.2%) publish at least one Android app — 26 apps in all, carrying 4.7M installs between them.

AppInstallsRatingStore category
Wealthsimple - Grow your moneyWealthsimple3.3M3.3Finance
Newton - Trade Crypto CanadaNewton299.2K4.3Finance
AfriChange: Send money abroad.Africhange268.6K4.1Finance
Biconomy-Buy Bitcoin & CryptoBiconomy228.1K4.5Finance
Bitbuy: Buy Bitcoin CanadaBitbuy.ca190K—Finance
Ndax: Trade Bitcoin & CryptoNDAX187K4.7Finance
Coinsquare: Buy Bitcoin CanadaCoinsquare146.2K4.3Finance
Bitop Exchange：Bitcoin CryptoBitop23.4K—Finance
mTap - Digital Business CardMtap11.3K4.7Business
Bidali - Pay & Earn Cash BackBidali9.8K3.1Finance

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 12022Q4: 02022Q42023Q1: 22023Q1: 02023Q12023Q2: 32023Q2: 12023Q22023Q4: 12023Q4: 02023Q42024Q3: 12024Q3: 22024Q32025Q1: 22025Q1: 02025Q12025Q4: 12025Q4: 42025Q4

Darker bars are new releases, lighter bars apps updated. 21 of 26 apps carry a release date. The series ends at 2025Q4, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Canada crypto exchanges and wallets market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Fintech355
Blockchain in financial services335
Consumer digital309
Web 3.0143
Enterprise tech96
Decentralized finance69
Deep tech66
Enterprise software21
Marketplaces18
Saas13
Yield farming13
Blockchain protocols6

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Fintech

The largest measured segment in this report snapshot.

355companies
2.5%have hiring activity

9 companies hiring · $3.1B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Subscription277
Commission on transaction204
E-commerce - service96
Fee-for-service57
Advertising23
E-commerce - product23
Freemium9
Lending7
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Mergers & acquisitionsnewton.co ↗

Just two years later, however, Magnetic has exited Newton’s ownership, following a management buy-out.

Mergers & acquisitionstokens.com ↗

Midvale, UT – Bed Bath & Beyond has announced the acquisition of Tokens.com (https://www.tokens.com/).

Mergers & acquisitionssdm.co ↗

The acquisition of SDM represents a critical inflection point in Belrise’s expansion into high-precision, safety-critical aerospace manufacturing.

Mergers & acquisitionsblueskydigitalassets.com ↗

Bluesky Digital Assets Corp. announced a binding letter of intent (LOI) to acquire ChessGold Inc.

Funding roundsblockchaink2.com ↗

Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - BlockchainK2 Corp. announces that the Company has closed its previously announced debt settlement settling outstanding indebtedness totaling $312,500 through the issuance of 4,464,286 common shares at a price of $0.07 per share.

Funding roundsbitfarms.com ↗

DLA Piper advised the initial purchasers, led by Cantor Fitzgerald & Co. and Moelis & Company LLC, in an upsized offering of US$588 million of convertible senior notes by Bitfarms Ltd.

Funding roundsfrnt.io ↗

FRNT Financial Inc. (TSXV: FRNT) (OTCQB: FRFLF) (FSE: XZ3) (the "Company" or "FRNT") today announces the closing of its previously announced non-brokered private placement offering (the "Offering") for aggregate gross proceeds of $2 million on August 1, 2025.

Funding roundsbitcoinwell.com ↗

Offering: $2,000,000 principal amount of unsecured convertible debenture, convertible into 8,695,652 Listed Shares with 8,694,000 detachable warrants

Earningscathedra.com ↗

"Total revenues for the year ended December 31, 2025, of C $21.2 million , compared to C $23.1 million for the year ended December 31, 2024."

Full recorded event mix

Top 10 categories among 294 recorded events in the 24-month window.

Earnings
76
Company announcements
39
Leadership moves
34
Asset acquisitions
32
Contracts
28
Funding rounds
26
Board Updates
19
Mergers & acquisitions
12
Regulatory
8
Capital infusions
7
5 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

Bitfarms ↗

OFS · NASDAQ1 reports

Leadership moves

16 tracked people moves

Bitfarms ↗
Christopher Ruppel

Appointment Senior Vice President of Power

Bitfarms ↗
Thomas Tyree III

Appointment Senior Vice President, Finance & Strategy

Bitfarms ↗
Tara Goldstein

Appointment Senior Vice President of Marketing

Newton ↗
Wil Schoenmakers

Appointment Global Head of Retail and Consumer Goods

Newton ↗
Benoît Laclau

Appointment Senior Partner for Global Energy and Infrastructure

Newton ↗
Tony Ward

Appointment Lead of North American Expansion of Newton’s Consumer Team

Dave Washburn

Appointment non-executive Vice Chairman of the Corporation

Cathedra ↗
Joel Block

Appointment Chief Executive Officer

Regulatory events

8 recorded events

pending approvalCanadian Securities Exchange

trading resumedCanadian Investment Regulatory Organization (CIRO)

trading halt imposedCIRO

PaySaxas ↗

approved for EMI licenseFinnish Financial Supervisory Authority (FIN-FSA)

Litigation

2 tracked suits

Company
investors in Bitfarms Ltd. v bitfarms

securities fraudClass Action · Filed

Company
Investors of Bitfarms Ltd. v bitfarms

securities fraudClass Action · Ongoing

Earnings pulse

Reported company results in the recorded window.

9companies
72period observations
33.0%median reported growth

Median across 43 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Newton→magneticCompleted2026-05-01Not stated in snapshot
Magnetic Management→Newton ↗Completed2026-05-01Not stated in snapshot
bed bath & beyond→Tokens.com ↗Announced2026-04-02Not stated in snapshot
Bluesky Digital Assets→ChessGold Inc.Announced2026-02-18Not stated in snapshot
belrise industries→SDM ↗Completed2026-02-04Not stated in snapshot
belrise industries→SDM ↗Completed2026-02-04Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

115 postings in the preceding 12 months. The full 221-posting snapshot covers 15 employers.

Expand panel +

Most advertised job titles

Senior Financial Analyst Financial Reporting10
Avp/Vp Aviation Forecasting And Air Service Development8
Consultant/Senior Consultant Integrated Planning8
Head Of Marketing7
Manager, Transportation6
Senior Account Analyst5
0 internship postings

4 tracked postings mention remote work.

The seniority mix

129 postings specify a level.

unspecified
92
manager
75
senior
39
lead
15
ADVERTISED PAY$67.0K/ year

Median across 30 postings with pay data, expressed in USD.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

172 founders and chief executives across 155 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

12 profiles with education records.

University of Toronto
5
University of Oxford
1
University of Pennsylvania
1
University of California (Berkeley)
1
Harvard Business School
1
University of Chicago
1
McGill University
1
IIM Bangalore
1

Prior employers

5 profiles with prior-work records.

McKinsey
3
Microsoft
1
Facebook
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

1,337,241 articles in the measured 12-month window.

Expand panel +
1,337,241articles in the measured year
174,715articles in 2026Q1
16.7%positive tone in the latest complete year

News volume trends

Crypto Exchanges and Wallets coverage across Canada · articles per complete quarter

0251,862503,724755,5851,007,4472021Q2: 360,0762021Q22021Q3: 371,8872021Q4: 371,7862022Q1: 389,0942022Q2: 384,6392022Q22022Q3: 403,5752022Q4: 452,5632023Q1: 466,1892023Q2: 455,7712023Q22023Q3: 414,7512023Q4: 361,2932024Q1: 362,9572024Q2: 353,0932024Q22024Q3: 326,5512024Q4: 339,2422025Q1: 526,7372025Q2: 326,5562025Q22025Q3: 876,0412025Q4: 127,0402026Q1: 174,7152026Q1
View quarterly article counts
QuarterArticles
2021Q2360,076
2021Q3371,887
2021Q4371,786
2022Q1389,094
2022Q2384,639
2022Q3403,575
2022Q4452,563
2023Q1466,189
2023Q2455,771
2023Q3414,751
2023Q4361,293
2024Q1362,957
2024Q2353,093
2024Q3326,551
2024Q4339,242
2025Q1526,737
2025Q2326,556
2025Q3876,041
2025Q4127,040
2026Q1174,715

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
182,129 positive · 900,313 neutral · 91,959 negative
2022
247,672 positive · 1,247,452 neutral · 133,937 negative
2023
285,633 positive · 1,275,264 neutral · 136,173 negative
2024
300,164 positive · 933,303 neutral · 147,463 negative
2025
309,035 positive · 1,342,137 neutral · 204,265 negative

Leading coverage topics

Crypto Exchanges and Wallets coverage across Canada · ranked by full-period article count.

Administrative And Political Subdivisions4,173,334 articles in the full recorded period
899,080 recent · 769,874 prior
Geographic Naming Conventions And Etymology81,091 articles in the full recorded period
44,908 recent · 8,623 prior
International Sports Competitions39,003 articles in the full recorded period
9,848 recent · 9,677 prior
Trade Policies And Agreements34,307 articles in the full recorded period
10,464 recent · 20,098 prior
International Political Relations28,907 articles in the full recorded period
9,173 recent · 7,808 prior
Olympic Games Coverage22,778 articles in the full recorded period
5,665 recent · 5,829 prior
Sports Broadcast Rights Updates16,858 articles in the full recorded period
2,056 recent · 3,243 prior
Security And Defense Policies16,690 articles in the full recorded period
4,735 recent · 4,222 prior
Hockey Fan Culture And Traditions16,071 articles in the full recorded period
1,105 recent · 3,149 prior
Sports Governance And Policy Changes15,895 articles in the full recorded period
2,895 recent · 3,088 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Crypto Exchanges and Wallets coverage across Canada

KeywordRecentPriorChange
multilateral diplomacy1,06672248%
angel investors1,033385168%
ice sports872227284%
international cups81457043%
wto rulings75639392%
investment deal74843572%
national security strategy62438662%
share price62243144%
public offering59641045%
international cooperation57138648%
tariff negotiations6,29315,280-59%
free trade deals3,1296,376-51%
trade dispute mechanisms2,9284,661-37%
bilateral trade1,9173,504-45%
preferential tariff1,2843,313-61%

Event and signal lenses

Crypto Exchanges and Wallets coverage across Canada

All complete annual cohorts shown
Rising

Regulatory Risk

524,925 classified articles

tariff negotiations, free trade deals, trade dispute mechanisms

37.1% critical · 34.9% positive
Rising

Funding Momentum

142,441 classified articles

angel investors, investment deal, trade deficits fx

28.6% critical · 42.5% positive
Rising

Growth

213,827 classified articles

earnings report, league expansion news, quarterly financials

26.9% critical · 46.7% positive

Crypto Exchanges and Wallets coverage across Canada. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Crypto Exchanges and Wallets research is working on

35,070 papers in the recorded worldwide scope.

Expand panel +
35,070papers
35,070worldwide comparison pool
—India-affiliated papers

Research orientation

Descriptive
9,035
Problem-identifying
7,589
Promising
6,567
Breakthrough
5,690
Cautionary
2,830
Comparative
2,189
Critical
1,170

Contribution mix

Empirical
15,226
Methods-led
9,273
Position pieces
4,485
Reviews
4,378
Theoretical
1,708

Tone counts: 28,583 positive · 2,173 neutral · 4,314 negative.

Common problems researchers identify
8,759 papers · 25.0% of this field
  • Cryptocurrency6,149 papers
  • Digital currency1,809 papers
  • Currency1,716 papers
  • Blockchain1,670 papers
  • Computer security1,115 papers
  • Payment1,096 papers
  • Database transaction678 papers
  • Virtual currency639 papers

Landmark: Where Is Current Research on Blockchain Technology?—A Systematic Review

Cautions
2,830 papers · 8.1% of this field
  • Cryptocurrency1,751 papers
  • Digital currency602 papers
  • Volatility539 papers
  • Currency503 papers
  • Blockchain357 papers
  • Sharpe ratio352 papers
  • Payment342 papers
  • Database transaction218 papers

Landmark: Blockchain technology: principles and applications

Opportunities
12,257 papers · 35.0% of this field
  • Cryptocurrency7,959 papers
  • Blockchain2,912 papers
  • Database transaction1,727 papers
  • Computer security1,624 papers
  • Digital currency1,331 papers
  • Currency1,206 papers
  • Payment1,204 papers
  • Volatility668 papers

Landmark: Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts

Leading institutions

National University of Singapore
7,460
Cornell University
5,880
ETH Zurich
5,604
University of Maryland, College Park
4,427
Sun Yat-sen University
4,213
State Street
3,772

Leading researchers

Elli Androulaki
4,485
Loi Luu
4,075
Andrew Miller
4,003
Christian Cachin
3,875
Artem Barger
3,769
Vita Bortnikov
3,769
Konstantinos Christidis
3,769
Zibin Zheng
3,711

Highly cited breakthrough-labelled papers

  • Hawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts2,164 citations
  • Zerocash: Decentralized Anonymous Payments from Bitcoin1,838 citations
  • On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services1,820 citations
  • Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World1,671 citations
  • Algorand1,428 citations

Common problems researchers identify

7,865 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Blockchain / CryptocurrencyCommon problems researchers identify · 01

Blockchain / Cryptocurrency

1,161 papers

19.4% of this theme group

Blockchain (1,033) · Cryptocurrency (877) · Distributed ledger (192) · Computer security (358)

Blockchain and Distributed Ledger Technologies

Blockchain technology applications, concerns and recommendations for public sector

View research history
YearShare index
20221901.9
20231942.8
20241501.1
20251351.3
Cryptocurrency / EconometricsCommon problems researchers identify · 02

Cryptocurrency / Econometrics

1,155 papers

19.2% of this theme group

Cryptocurrency (1,099) · Econometrics (76) · Investment (95) · Portfolio (51)

CRYPTOCURRENCIES: PERSPECTIVES OF A DIGITAL-ECONOMIC PHENOMENON

Implementation and Analysis of Cryptocurrency

View research history
YearShare index
2022958.7
2023964.3
2024617.6
2025774.0
Cryptocurrency / LegislationCommon problems researchers identify · 03

Cryptocurrency / Legislation

1,108 papers

18.5% of this theme group

Cryptocurrency (1,019) · Legislation (131) · Money laundering (160) · Legislature (75)

Regulatory and Legal Issues in Cryptocurrencies

Crypto Currency Regulation and Law Enforcement Perspectives

View research history
YearShare index
2022142.3
2023139.1
202481.3
2025109.4
Digital Currency / CurrencyCommon problems researchers identify · 04

Digital Currency / Currency

912 papers

15.2% of this theme group

Digital currency (524) · Currency (455) · Payment (269) · Virtual currency (168)

TOWARD A NEW ECONOMY: DIGITAL CURRENCY AND INTERNATIONAL DEVELOPMENT

The Future of Digital Currency: Implications for Global Financial Systems and Trade

View research history
YearShare index
20221436.6
20231413.8
20241397.6
20251553.8
Cryptocurrency / Computer SecurityCommon problems researchers identify · 05

Cryptocurrency / Computer Security

810 papers

13.5% of this theme group

Cryptocurrency (583) · Computer security (302) · Malware (35) · Ransomware (21)

Cryptocurrency and crime

Cryptocurrency Security and Privacy Issues: A Research Perspective

View research history
YearShare index
20221660.7
20231684.3
20241232.6
2025678.8
Cryptocurrency / CurrencyCommon problems researchers identify · 06

Cryptocurrency / Currency

515 papers

8.6% of this theme group

Cryptocurrency (413) · Currency (141) · Digital currency (135) · Virtual currency (78)

Bitcoin and Cryptocurrency: Challenges, Opportunities and Future Works

Research on the Features and Functions of Bitcoin and Digital Currencies

View research history
YearShare index
2022471.9
2023474.6
2024333.4
2025399.1
Central Bank / Digital CurrencyCommon problems researchers identify · 07

Central Bank / Digital Currency

339 papers

5.7% of this theme group

Central bank (121) · Digital currency (307) · Currency (230) · Financial system (51)

Central Banks and Digital Currencies

U.S. Central Bank Digital Currency: Benefits and Challenges to Policy Implementation

View research history
YearShare index
2022475.6
2023480.7
2024338.3
2025407.6

Cautions

2,291 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Cryptocurrency / EconometricsCautions · 01

Cryptocurrency / Econometrics

439 papers

19.2% of this theme group

Cryptocurrency (398) · Econometrics (105) · Volatility (152) · Portfolio (73)

Cryptocurrency in global dynamics: Analyzing the Crypto Volatility Index and financial markets with machine learning

Cryptocurrencies and Financial Markets: Assessing Volatility, Risk, and Regulation

View research history
YearShare index
2022738.9
2023721.1
2024425.0
2025548.6
Cryptocurrency / Virtual CurrencyCautions · 02

Cryptocurrency / Virtual Currency

436 papers

19.0% of this theme group

Cryptocurrency (405) · Virtual currency (60) · Currency (98) · Commerce (42)

Cryptocurrencies and Blockchain: Opportunities and Limits of a New Monetary Regime

The Economics of Cryptocurrencies - Bitcoin and Beyond

View research history
YearShare index
20221021.9
20231022.4
2024835.4
2025689.9
Cryptocurrency / Computer SecurityCautions · 03

Cryptocurrency / Computer Security

377 papers

16.5% of this theme group

Cryptocurrency (303) · Computer security (105) · Database transaction (67) · Proof-of-work system (20)

Safety analysis of Bitcoin improvement proposals

Analyzing Bitcoin Blockchain Data: Insights, Coefficients and Model Adequacy

View research history
YearShare index
20221766.3
20231778.1
20241293.5
2025866.0
Blockchain / Distributed LedgerCautions · 04

Blockchain / Distributed Ledger

326 papers

14.2% of this theme group

Blockchain (277) · Distributed ledger (55) · Cryptocurrency (228) · Transparency (43)

Review on Blockchain Technology

Leveraging Blockchain Technology to Strengthen Cybersecurity in Financial Transactions: A Comprehensive Analysis

View research history
YearShare index
2022978.1
20231057.8
20241004.5
20251120.7
Digital Currency / CurrencyCautions · 05

Digital Currency / Currency

323 papers

14.1% of this theme group

Digital currency (169) · Currency (152) · Payment (120) · Mobile payment (38)

IMPLEMENTATION OF NATIONAL DIGITAL CURRENCIES: POTENTIAL IMPACT ON THE FINANCIAL SYSTEM AND PROSPECTS FOR INTEGRATION WITH INTERNATIONAL PAY

Exploring the Economic Impact of Digital Currencies on Traditional Financial Systems: Challenges and Opportunities

View research history
YearShare index
20221436.6
20231413.8
20241397.6
20251553.8
Digital Currency / Central BankCautions · 06

Digital Currency / Central Bank

266 papers

11.6% of this theme group

Digital currency (242) · Central bank (83) · Currency (154) · Monetary policy (66)

Central bank digital currency

The Adoption of Central Bank Digital Currency

View research history
YearShare index
2022475.6
2023480.7
2024338.3
2025407.6
Sharpe Ratio / VolatilityCautions · 07

Sharpe Ratio / Volatility

124 papers

5.4% of this theme group

Sharpe ratio (121) · Volatility (122) · Technical analysis (28) · Security token (29)

KEY Cryptocurrency Deep Dive: Volatility, Risk‑Adjusted Returns & Outlook (2022‑2025)

FOR Cryptocurrency Deep Dive: Trends, Volatility, and Outlook (2022‑2025)

View research history
YearShare index
202241.0
202345.8
202429.0
202595.5

Opportunities

10,655 papers · 7 recurring themes
7 cards

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Blockchain / CryptocurrencyOpportunities · 01

Blockchain / Cryptocurrency

1,359 papers

22.6% of this theme group

Blockchain (1,203) · Cryptocurrency (836) · Computer security (407) · Transparency (161)

On The Scalability of Blockchain Systems

Blockchain technology for optimizing security and privacy in distributed systems

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YearShare index
20221902.3
20231943.1
20241501.5
20251349.8
Proof-Of-Work System / ProtocolOpportunities · 02

Proof-Of-Work System / Protocol

903 papers

15.1% of this theme group

Proof-of-work system (153) · Protocol (147) · Cryptocurrency (571) · Computer security (314)

Cross-chain Transactions

StrongChain: Transparent and Collaborative Proof-of-Work Consensus

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YearShare index
20221653.3
20231679.6
20241226.7
2025661.4
Cryptocurrency / Computer SecurityOpportunities · 03

Cryptocurrency / Computer Security

902 papers

15.0% of this theme group

Cryptocurrency (851) · Computer security (151) · Humanities (32) · Investment (61)

Individual Risk Perception and Choice using Cryptocurrency for Transactions

Cryptocurrencies: assessment of the impact on economic security and possible ways of regulation (using the example of Bitcoin)

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YearShare index
20222007.3
20232037.6
20241482.3
2025928.2
Volatility / CryptocurrencyOpportunities · 04

Volatility / Cryptocurrency

803 papers

13.4% of this theme group

Volatility (240) · Cryptocurrency (698) · Econometrics (212) · Portfolio (127)

Volatility estimation through stochastic processes: Evidence from cryptocurrencies

<b>Data Availability for paper research((</b><b>The Reflection of Cryptocurrencies Prices Volatility on US Financial Markets as a Factor in

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YearShare index
2022738.9
2023721.1
2024425.0
2025548.6
Cryptocurrency / EconometricsOpportunities · 05

Cryptocurrency / Econometrics

730 papers

12.2% of this theme group

Cryptocurrency (662) · Econometrics (143) · Sentiment analysis (71) · Time series (43)

Predicting Crypto Currency Prices Using Machine Learning and Deep Learning Techniques

Predictive Modeling of Cryptocurrency Prices Using Machine Learning Algorithms

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YearShare index
2022357.2
2023336.0
2024183.6
202588.1
Database Transaction / CryptocurrencyOpportunities · 06

Database Transaction / Cryptocurrency

679 papers

11.3% of this theme group

Database transaction (384) · Cryptocurrency (469) · Money laundering (63) · Anomaly detection (45)

Fraud Detection in Blockchains using Machine Learning

A graph-based deep learning approach for illegal transaction detection in Bitcoin.

View research history
YearShare index
2022259.3
2023241.6
2024129.1
2025260.3
Digital Currency / CurrencyOpportunities · 07

Digital Currency / Currency

624 papers

10.4% of this theme group

Digital currency (397) · Currency (317) · Payment (209) · Financial inclusion (59)

Revolutionizing Digital Financial Inclusion With Central Bank Digital Currencies

Digital Transformation of Money: Exploring the Economic Implications of Central Bank Digital Currencies and Blockchain

View research history
YearShare index
20221436.6
20231413.8
20241397.6
20251553.8

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Descriptive25.8%17.6%
Problem-identifying21.6%9.7%
Promising18.7%37.0%
Breakthrough16.2%26.5%
Cautionary8.1%4.4%
Comparative6.2%4.0%
Critical3.3%0.9%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceA Survey on Security and Privacy Issues of Bitcoin1,8536.15%800 (43.2%)6.15%
Concentration of compute powerAssessing the Impact of Central Bank Digital Currency on Private Banks1070.35%59 (55.1%)0.35%
Safety & misuseTo the moon: defining and detecting cryptocurrency pump-and-dumps420.14%22 (52.4%)0.14%
Bias & fairnessToward Fairness of Cryptocurrency Payments250.08%9 (36.0%)0.08%
Labour & data workTaxation of Cryptocurrencies with Income Tax and Corporate Income Tax120.04%4 (33.3%)0.04%
Energy & datacenter footprintIs the Energy-Hungry Bitcoin Beneficial for Portfolio Risk Reduction?100.03%1 (10.0%)0.03%
Hardware, e-waste & supply chainPower Consumption And E-Waste of Cryptocurrency Mining30.01%3 (100.0%)0.01%
Carbon & emissions of computeCarbon-Neutral Distributed Ledger20.01%0 (0.0%)0.01%
Water useHeat Recovery from Cryptocurrency Mining by Liquid Cooling Technology10.0%0 (0.0%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

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UNDERSTAND THE LANDSCAPE

Crypto Exchanges and Wallets in Canada: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put Canada in context

All landscapes ↗

Company ecosystem snapshot: 3 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
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