Crypto Evolution: Discover the 15 Ontario Startups Revolutionizing Digital Assets

Illuminating Ontario's Cryptocurrency Innovators.

The province of Ontario, Canada, has become a hotbed of technological innovation, particularly in the realm of cryptocurrency and blockchain. A thriving ecosystem of startups is emerging, each with its own unique vision and contribution to the rapidly evolving world of digital assets. In this article, we shine a spotlight on 15 intriguing cryptocurrency startups based in Ontario, showcasing their innovative solutions, disruptive technologies, and entrepreneurial spirit.

Figment: Empowering the Web 3 Ecosystem

Figment is a pioneering startup dedicated to supporting the adoption, growth, and long-term success of the Web 3 ecosystem. With a focus on blockchain, computer technology, cryptocurrency, network security, and software development, Figment aims to pave the way for a decentralized future. Led by founders Andrew Cronk, Lorien Gabel, and Matt Harrop, Figment is at the forefront of driving innovation in this rapidly expanding field. Seamless Cryptocurrency Trading is a leading cryptocurrency trading platform that enables seamless buying and selling of Bitcoin and Ethereum. Offering instant transactions through iPhone, Android, and web apps, simplifies the trading process for both seasoned investors and newcomers to the crypto world. Founded by Dustin Walper, Erynn Saunders, and Tyson Leslie, is revolutionizing the way Canadians engage with digital assets.

Haloo: Streamlining Trademarking with Blockchain

Haloo, an enterprise-focused startup, is on a mission to streamline and simplify the complex process of trademarking. Through their platform, Heirlume, Haloo aims to make trademark registration faster, more accurate, and affordable. Co-founded by Julie MacDonell and Sarah Ruest, Haloo leverages blockchain technology to enhance B2B operations, offering efficient and cost-effective solutions to enterprises in need of trademark protection.

VirgoCX: Canada’s Premier Cryptocurrency Trading Platform

VirgoCX has established itself as Canada’s leading regulated cryptocurrency trading platform, committed to ensuring safe, easy, and affordable crypto trading. With a dedication to compliance and security, VirgoCX provides a trusted environment for individuals and businesses to engage in digital asset transactions. Founded by Adam Cai and his team, VirgoCX has become a go-to platform for Canadians seeking reliable cryptocurrency services.

NFT3: Pioneering the Decentralized Metaverse

NFT3 is a groundbreaking startup that has developed the first Unified Decentralized Identity and Credit Network for Web3, serving as a gateway to the metaverse. NFT3 is pushing the boundaries of blockchain and cryptocurrency technology, offering innovative solutions for decentralized identity and credit verification. As pioneers in their field, the founders of NFT3 are at the forefront of shaping the future of digital ecosystems.

Source: Empowering Interoperable Data Management

Source is revolutionizing data management in the Web3 landscape as an interoperable data management layer. With a focus on blockchain, cryptocurrency, cybersecurity, database management, privacy, and software development, Source provides a robust and secure infrastructure for handling decentralized data. Led by founders Addo Smajic, Alex Gogan, and David Turner, Source is driving the evolution of Web3 data ecosystems.

Integral Treasury: Real-Time Finance for Web3 Enterprises

Integral Treasury offers a cutting-edge real-time finance platform tailored to Web3 enterprises. With expertise in accounting, cryptocurrency, and FinTech, Integral Treasury provides essential financial tools and services that empower companies operating in the blockchain space. Through their innovative solutions, Integral Treasury aims to support the growth and development of Web3 businesses.

Award Pool: Gamifying the Customer Experience with NFTs

Award Pool introduces an innovative approach to managing and boosting customer experiences through the power of non-fungible tokens (NFTs). By integrating NFTs into their cryptocurrency, eSports, and software solutions, Award Pool transforms traditional customer engagement into an exciting gamified experience. Founded by Ahmad Al Jamal, Alex Falconer, and Brenda Cohen, Award Pool is redefining customer interaction in the digital age.

Yuser: A Decentralized Social Networking Platform

Yuser is a decentralized social networking platform designed to empower users. By leveraging blockchain technology, Yuser offers a social network that is user-centric, privacy-focused, and built on trust. With a vision of creating meaningful communities, Yuser is reshaping the way individuals connect and interact online. The founders, Eunika Sot, Mitch Brogan, and Thomas Cermak, are committed to providing a more secure and rewarding social media experience.

Atomic Loans: Pioneering Peer-to-Peer Lending

Atomic Loans is a forward-thinking startup that has developed a protocol for Bitcoin and crypto-backed loans, eliminating the need for intermediaries. By utilizing blockchain technology, Atomic Loans enables individuals to lend and borrow digital assets on their own terms. As pioneers in the field of peer-to-peer lending, Atomic Loans is revolutionizing the way individuals access financial services in the crypto space.

Tritum Digital Assets: Enabling Web3 Liquidity

Tritum Digital Assets stands at the forefront of web3 liquidity solutions. By providing innovative cryptocurrency trading platforms and financial exchanges, Tritum Digital Assets enables seamless and efficient trading experiences. With founder John Willock leading the charge, Tritum Digital Assets aims to enhance liquidity in the cryptocurrency market, fostering growth and accessibility for traders and investors alike.

Balance: Safeguarding Digital Assets

Balance offers a comprehensive solution for the custody, trading, and management of digital assets. With a strong focus on Bitcoin, Ethereum, and other cryptocurrencies, Balance provides a secure platform for individuals and businesses seeking to protect and grow their digital wealth. Led by founders Baha Nurlybayev and George Bordianu, Balance prioritizes the safety and reliability of digital asset management.

Rehuman: Bridging Identity and the Metaverse

Rehuman is a trailblazing startup specializing in blockchain-based identity management and metaverse solutions. By leveraging decentralized technologies, Rehuman aims to establish secure and seamless digital identities in the emerging metaverse landscape. With founder Sid Sharma leading the way, Rehuman is playing a crucial role in shaping the future of digital identity and its integration with blockchain.

Alkemi: Incentivizing Collaboration with Blockchain

Alkemi Network is dedicated to fostering collaboration among stakeholders by providing a solution that equitably incentivizes participants to put their coins to work. With a focus on Bitcoin, blockchain, and cryptocurrency, Alkemi Network is revolutionizing the way individuals and organizations collaborate and contribute to the crypto ecosystem. Founded by Aristotle Andrulakis, Ben Cooper, and Brian Mahoney, Alkemi is driving innovation and cooperation in the blockchain space.

Blackwatch Digital: Protecting Crypto Assets with Dark Vault

Blackwatch Digital operates Dark Vault, a leading crypto security platform specializing in cloud security, cybersecurity, and enterprise software solutions. With a focus on protecting digital assets and maintaining data integrity, Blackwatch Digital plays a crucial role in safeguarding the crypto community against cyber threats. Founded by Christopher McGarrigle and his team, Blackwatch Digital is committed to providing top-notch security services for the cryptocurrency industry.


Ontario, Canada, is a breeding ground for innovative cryptocurrency startups that are revolutionizing various facets of the blockchain industry. From trading platforms and decentralized identity networks to social networking solutions and secure asset management platforms, these 15 startups are shaping the future of finance, technology, and digital ecosystems. Their commitment to pushing boundaries and driving innovation positions Ontario as a key player in the global cryptocurrency landscape. As these startups continue to grow and thrive, we can expect Ontario’s influence in the crypto world to expand, making it an exciting hub for entrepreneurial talent and groundbreaking technological advancements.

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Canada Venture 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.