Canada's crypto industry splits into regulated trading platforms, listed miners and infrastructure companies, lenders and fund managers, and a growing group of firms that have been bought or have moved their legal home abroad. The platforms are easy to verify: NDAX is based in Calgary, Newton in Toronto, Shakepay in Montreal and Bitcoin Well in Edmonton. Among miners, Bitfarms is now Keel Infrastructure in New York and Hut 8 is headquartered in Miami, so neither is a purely Canadian company any more.
This directory lists companies I could confirm from official or regulator sources. It is a reference list, not a recommendation to buy any stock.
- Regulated platforms: NDAX, Newton, Shakepay, Bull Bitcoin, Bitcoin Well and Wealthsimple Crypto
- Listed on a stock exchange: Keel Infrastructure (KEEL), Hut 8 (Nasdaq and TSX) and Bitcoin Well (TSXV: BTCW)
- Bought or moved: WonderFi, now Robinhood-owned; Bitfarms, now Keel; Banxa, taken private by OSL
| Company | Based | Regulatory Position | What It Does |
|---|---|---|---|
| NDAX | Calgary, Alberta (head office per CIRO) | CIRO investment dealer and marketplace member since December 19, 2024; on the CSA list; FINTRAC registered | Exchange with a flat 0.20% fee. NDAX says it was the first Canadian crypto exchange with SOC 2 Type II |
| Newton | Toronto, Ontario | CIRO investment dealer since March 18, 2026; on the CSA list | Commission-free crypto brokerage with free Interac e-Transfer funding |
| Shakepay | Montreal, Quebec | CIRO dealer member since January 8, 2025; registered with the AMF and FINTRAC | Bitcoin and Ether app with Interac funding; Shakepay Business; Shakepay Credit lending |
| Wealthsimple Crypto | Operated by Wealthsimple Investments Inc. | CIRO dealer member; CSA amended decision of December 22, 2025 | Crypto inside the Wealthsimple app, with 170+ other coins plus Bitcoin, Ether and Solana |
| Bull Bitcoin | Satoshi Portal Inc., an Alberta corporation with a Calgary address in the registry | FINTRAC money services business; not on the CSA list | Bitcoin-only, non-custodial exchange with bill payment |
| Bitcoin Well | Edmonton, Alberta | FINTRAC money services business; listed on the TSX Venture Exchange as BTCW since July 30, 2021 | Bitcoin portal and more than 150 Bitcoin ATMs across Canada |
Which Canadian Crypto Companies Are Publicly Traded?
| Company | Ticker | What I Confirmed |
|---|---|---|
| Keel Infrastructure (formerly Bitfarms) | KEEL on Nasdaq and the TSX | Redomiciled from Canada to Delaware on April 1, 2026, executive office in New York City, with sites in Pennsylvania, Washington State and Quebec. My Bitfarms stock explainer has the detail |
| Hut 8 Corp. | Nasdaq and TSX | Headquartered in Miami, Florida; formed in October 2017 as a Canadian company; TSX since October 2019 and Nasdaq since July 2021; 19 sites across North America, per its own corporate page |
| Bitcoin Well | TSXV: BTCW, OTCQB: BCNWF | Edmonton company that listed on July 30, 2021 and operates 150+ Bitcoin ATMs in Canada, per its own page |
| Banxa Holdings | Was TSXV: BNXA | Melbourne-based payments company. OSL Group completed a take-private, and the shares were expected to be delisted from the TSXV on January 5, 2026 |
Two lessons from the table. First, a Canadian origin does not mean a Canadian home: Hut 8 and Keel now run their head offices in the United States. Second, listed crypto stocks are a different bet from owning coins, and they carry company financing risk on top of the Bitcoin price. If you want exposure, my Bitcoin ETFs in Canada comparison is a simpler route.
Who Are The Canadian Blockchain And Crypto Lenders, Stablecoin Issuers And Fund Managers?
| Company | What It Does | What I Confirmed |
|---|---|---|
| Ledn | Bitcoin-backed loans | Founded in Canada in 2018; the operating entity is Cayman-registered. See my Ledn review |
| Shakepay Credit Inc. | Crypto-backed lending in CAD or USD | CSA and OSC decision of April 9, 2026 with a three-year exemption from dealer registration and prospectus requirements |
| Stablecorp | Issuer of the QCAD Canadian dollar stablecoin | Toronto company; Coinbase Ventures co-led its May 2025 funding round. See my Stablecoin Act guide |
| CI Global Asset Management | CI Galaxy Ethereum ETF (ETHX.B) | TSX-listed Ether fund with a 0.40% management fee |
| Purpose Investments | Purpose Ether ETF (ETHH) | TSX-listed Ether fund with a 1.00% management fee |
| Evolve ETFs | Evolve Ether ETF (ETHR) | TSX-listed Ether fund with a 0.75% management fee. See my Ethereum ETFs comparison |
What Has Changed For Canadian Crypto Companies In 2026?
Consolidation is the main story. Robinhood closed its WonderFi purchase on June 1, 2026, so Coinsquare and Bitbuy customers are being moved to the Robinhood app, even though Coinsquare's Canadian dealer remains regulated for now. Newton became a CIRO investment dealer in March, joining NDAX, Shakepay and Wealthsimple. Bitfarms rebranded and left Canada. Banxa left the TSX Venture Exchange. Companies that survive tend to be the ones that registered with Canadian regulators early, which is also why my ranking puts registered platforms above offshore ones.
How Do You Check Whether A Canadian Crypto Company Is Legitimate?
- Look it up on the CSA's authorized list. It shows crypto asset trading platforms, with decision dates, and a separate list shows banned platforms.
- Check CIRO's list of dealers it regulates. Investment dealer members are listed with their membership terms.
- Search the FINTRAC money services business registry. Companies that deal in virtual currency must register before operating in Canada, and an unregistered one is committing an offence.
- Read the platform's own terms. Some offshore platforms name Canada as a restricted location. BloFin and MEXC do.
- Be wary of company directories that list everything. A listing is not an endorsement or a licence.
I did not find a source I could verify for Canadian NFT companies or startups, so I leave them out rather than guess. If a company you know is missing, the gap is mine. For the platforms I rank, see my best crypto exchanges in Canada.
Which Canadian Companies Operate Outside Canada?
Several have grown abroad. Bull Bitcoin lists availability in Europe, Mexico, Costa Rica, Argentina and Colombia on its site, and its European entity, Leonod SARL, holds an AMF PSAN licence in France (E21-014). Ledn's Cayman entity is a registered Virtual Asset Service Provider with the Cayman Islands Monetary Authority, and a Spanish Ledn entity says it is seeking a MiCA licence. Robinhood, a US firm, is now the owner of WonderFi's Canadian platforms. The pattern is that Canadian companies expand through foreign licences, and foreign companies enter Canada through CSA registration, as Kraken and Coinbase did.
What Should Investors Know About Listed Canadian Crypto Stocks?
A listed crypto company is a stock first. Its price depends on earnings, financing and the Bitcoin price, and it can fall while Bitcoin rises. Two of the names above, Keel and Hut 8, now describe themselves as data centre and infrastructure companies with Bitcoin mining as one part. Read their filings, check the currency of the line you buy and remember that a sale is a capital gain or loss in Canadian dollars, with half of a capital gain included in income under the CRA's current rules. This directory is not a list of recommendations.
Which Companies Serve Individuals And Which Serve Businesses?
Retail platforms such as NDAX, Newton, Shakepay and Wealthsimple Crypto serve individuals, and NDAX, Newton and Shakepay also accept business accounts, as my guide to business crypto accounts in Canada explains. Bitcoin Well markets a concierge service for institutional and high-net-worth clients. Lenders such as Ledn and Shakepay Credit serve borrowers, and fund managers serve investors who prefer a brokerage account. When you pick a company, start from the job to be done and then check its registration.
How Did I Build This Directory?
I included a company only when an official page, a regulator's list or a filing confirmed what I wrote. That is why some names you might expect are missing: where I found only aggregator profiles and not the company's own page, I left them out. The directory will change as companies list, merge and move, so treat it as a snapshot of October 2026 and use the verification steps above before you rely on any entry.
What Changed For Canadian Crypto Companies In October 2026?
- The CSA issued an amended decision for Wealthsimple Investments Inc.
- Banxa shares were expected to be delisted from the TSX Venture Exchange after the OSL take-private.
- Newton joined CIRO as an investment dealer.
- Bitfarms redomiciled to the United States and became Keel Infrastructure.
- Robinhood closed its WonderFi acquisition.
Frequently Asked Questions
What Are The Biggest Canadian Crypto Companies?
By regulated platforms, NDAX, Newton, Shakepay, Wealthsimple Crypto, Bull Bitcoin and Bitcoin Well. By listed companies with a Canadian origin, Keel Infrastructure and Hut 8, though both now have US head offices.
Is Bitfarms Still A Canadian Company?
No, not legally. It redomiciled to Delaware on April 1, 2026 and became Keel Infrastructure, with its executive office in New York City.
Is Hut 8 A Canadian Company?
It began as a Canadian company in 2017 and is on the TSX, but its headquarters is in Miami, Florida.
Is Bitcoin Well A Public Company?
Yes. It is listed on the TSX Venture Exchange as BTCW and, per its own page, has been since July 30, 2021.
Who Regulates Canadian Crypto Exchanges?
The Canadian Securities Administrators authorize platforms, CIRO regulates investment dealers and FINTRAC registers money services businesses.
Is There A Directory Of Canadian NFT Companies?
I could not verify one from official sources, so this page does not list any.