15 Blockchain Startups to Watch in Ontario, Canada

Exploring the Latest and Greatest in Blockchain Technology

Blockchain technology has been growing rapidly in recent years, with numerous startups emerging in Ontario, Canada. These companies are disrupting traditional industries and offering innovative solutions to complex problems. In this article, we will showcase 15 of the most promising blockchain startups in Ontario, Canada.

Axelar Network: Decentralized Communication Tool for Blockchains

Axelar is a decentralized communication tool that connects blockchain ecosystems, applications, and assets. With a focus on blockchain, developer APIs, network security, and software, Axelar is a platform that can enable the seamless transfer of value across different blockchain networks.

Figment: Supporting the Growth of Web 3 Ecosystem

Figment supports the adoption, growth, and long-term success of the Web 3 ecosystem. With a focus on blockchain, computer, cryptocurrency, network security, and software, Figment is a company that helps businesses build and deploy blockchain applications that are scalable, secure, and reliable.

Peggy: Secure Marketplace for Investment-Grade Art

Peggy is a secure marketplace for buying and selling investment-grade art. With a focus on apps, art, blockchain, consumer, consumer applications, fintech, marketplace, mobile, and mobile apps, Peggy is a platform that allows art collectors to trade their investments securely and with ease.

FilSwan: Storage and Computing Infrastructure Layer for Web3

FilSwan is a company that develops a storage and computing infrastructure layer for Web3. With a focus on blockchain, cloud computing, information technology, and IT infrastructure, FilSwan aims to enable developers to create and deploy decentralized applications that can scale to meet the needs of global users.

Newton.co: Cryptocurrency Trading Platform for Bitcoin and Ethereum

Newton.co is a cryptocurrency trading platform that buys and sells Bitcoin and Ethereum instantly from iPhone, Android, or web apps. With a focus on Bitcoin, blockchain, cryptocurrency, Ethereum, fintech, and trading platform, Newton.co enables traders to buy and sell cryptocurrency with ease and convenience.

Firefly Exchange: Decentralized, Orderbook-Based Exchange

Firefly is a decentralized, orderbook-based exchange with sub-second trade settlement. With a focus on blockchain, financial exchanges, financial services, fintech, and trading platform, Firefly enables traders to buy and sell cryptocurrency with minimal slippage and fast settlement times.

ChainSafe Systems: Global Leader in Blockchain Protocol and Infrastructure Development

ChainSafe Systems is a global leader in blockchain protocol and infrastructure development located in Toronto. With a focus on blockchain, Ethereum, and internet, ChainSafe Systems is a company that helps businesses build and deploy blockchain applications that are scalable, secure, and reliable.

Haloo: Making Trademarking Faster, More Accurate, and Affordable

Haloo aims to make the complex process of trademarking faster, more accurate, and more affordable. With a focus on B2B, blockchain, cryptocurrency, enterprise software, and SaaS, Haloo enables businesses to protect their trademarks and intellectual property with ease.

AI Arena: NFT Gaming and Training Using Artificial Intelligence

AI Arena provides native gaming and trains their NFT using artificial intelligence. With a focus on artificial intelligence, blockchain, gaming, and software, AI Arena is a company that enables gamers to earn rewards for their skills and compete against other players in a decentralized, blockchain-based platform.

Functionland: Breaking the Monopoly of Central Cloud Storage

Functionland aims to break the monopoly of central cloud storage. With a focus on blockchain, cloud computing, consumer electronics, and software, Functionland is a company that enables users to store and share their data securely and without relying on centralized cloud providers.

DLT Labs: Blockchain-Based Enterprise Software Solutions

DLT Labs is a global leader in blockchain-based enterprise software solutions for the supply chain and financial services industries. With a focus on blockchain, information technology, and software, DLT Labs enables businesses to streamline their operations, reduce costs, and increase efficiency using blockchain technology.

NFT3: Unified Decentralized Identity and Credit Network

NFT3 is the first unified decentralized identity and credit network for Web3 and your portal to the metaverse. With a focus on blockchain and cryptocurrency, NFT3 enables users to own their identity and reputation, earn rewards for their contributions to the network, and participate in a decentralized metaverse.

Source: Interoperable Data Management Layer of Web3

Source is an interoperable data management layer of Web3. With a focus on blockchain, cryptocurrency, cybersecurity, database, privacy, and software, Source enables developers to build and deploy decentralized applications that can interact with different blockchain networks and data sources.

Matterverse: Photorealistic Metaverse on Any Device

Matterverse is making it possible for anyone to create, share, and explore a photorealistic metaverse – on any device. With a focus on 3D technology, blockchain, gaming, software, and virtual reality, Matterverse is a company that aims to revolutionize the way we interact with virtual worlds.

Cybrid: Launching Cryptocurrency and De-Fi Products Seamlessly

Cybrid uses APIs that enable banks and financial institutions to seamlessly launch cryptocurrency and De-Fi products. With a focus on blockchain, developer APIs, finance, financial services, and fintech, Cybrid is a company that enables businesses to tap into the growing cryptocurrency market without having to build their own infrastructure.


These are just some of the most exciting blockchain startups in Ontario, Canada that are pushing the boundaries of what is possible with blockchain technology. From decentralized exchanges to storage and computing infrastructure for Web3, these companies are driving innovation and providing solutions to complex problems across different industries. With the continued growth of blockchain technology, we can expect to see more exciting startups emerge in the future.

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Canada Venture News

CanadaVenture.news is a Canadian venture magazine that covers startups, business, technology, and innovation in Canada. The online publication provides news, insights, and resources for entrepreneurs, investors, and business professionals, featuring articles, interviews, and analysis of the latest trends and developments in the Canadian startup ecosystem.