Canada’s Blockchain Stocks Roar into Q4

Here in Canada the weather has turned cold, but our many blockchain stocks are sizzling. It is no secret that Canada leads the world as the go-to jurisdiction for blockchain companies raising capital on the public markets. The TSX Venture Exchange and the Canadian Securities Exchange are home to many such companies whose market caps soared in October.

Data courtesy of the Canadian Securities Exchange and TMX Group Limited

ICOs and VC deals have dominated 2017 in terms of dollars raised, but institutional and retail investors are also piling into blockchain equities at a record pace. Lately I have spoken to leading startups from the United States, UK, Europe, and India who are all keen to understand how they can go public here in Canada.

My journey into the crypto world began in June with a visit to Fidelity Labs in Boston. There I met fellow Canadian Hadley Stern, who is working on the cutting edge of blockchain for the asset management industry. It was obvious that something big was going on in this space, and I wanted to learn more, so I registered for an Introduction to Digital Currencies, the first MOOC (Massive Open Online Course) on Digital Currencies globally. Along with thousands of other students from across the world, I am tuning in for weekly lectures and coursework offered by the University of Nicosia in Cyprus. Did I mention it is free?

Since joining VC firm Numus Financial, I have been busy looking for our next investment. This week I had some difficulty in finding a roundup of the blockchain stock activity in Canada, so I decided to write one myself. Please note that some of the stocks are not pure plays. Apologies if missed your company, please get in touch so I can include you in future updates.

Get in touch: Brenan.Isabelle at gmail.com

About the author:

Brenan Isabelle is Business Development Manager with Numus Financial Inc., a venture capital firm focused on early-stage, high-growth companies. Based in Halifax, Nova Scotia, Numus Financial has more than 20 years of experience in the capital markets. Our goal is to provide exceptional companies the tools they need to succeed, including financing, strategic advice and operational support.

Numus Capital Corp. is an Exempt Market Dealer based in Halifax, Nova Scotia.

www.numusfinancial.com

Disclaimer:

This article is not investment advice. The opinions expressed are solely those of the author, and do not represent the opinions of any entity whatsoever with which I have been, am now, or will be affiliated.