Exploring London-Headquartered Blockchain Startups Flourishing in Canadian Terrain

January 15, 2024
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Canada presents a fertile ground for the growth of startups, especially in the Blockchain industry. Despite the global challenges presented by 2020, startups continued to emerge with unique models and innovative solutions. A testament to the resilience and creativity of founders in this sector, we highlight a group of remarkable companies that launched in 2020 or later. These companies, headquartered in London, stand at the frontier of technological innovation, integrating blockchain and cryptocurrency to challenge traditional ideas and reshape the way digital transactions are executed.

From financial services and artificial intelligence, to gaming and the art world, these startups utilise blockchain technology to create solutions that are not just unique, but also represent a transformative step towards a more digitised future. Year on year, these startups continue to push the boundaries of possibility, injecting fresh ideas and perspectives into various industries.

As part of a series of publications designed to spotlight exciting startups across the country, we are proud to present these game-changers in the blockchain industry. Let’s take a closer look at these exciting companies and their innovations.

Gensyn

Gensyn, based in London, operates in the Blockchain, Cryptocurrency, and Machine Learning sector. Gensyn is a hyperscale, cost-efficient compute protocol specifically designed for the world’s deep learning models. Founded by Ben Fielding and Harry Grieve, Gensyn brings a fresh approach to the blockchain and machine learning space.

DFX Finance

As a decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins, DFX Finance offers an innovative approach to financial transactions. Adrian Li and Kevin Zhang are the brains behind this innovative startup that operates in the Blockchain, Cryptocurrency, Ethereum, Financial Exchanges, and FinTech industry.

Limna

Meanwhile, Limna, the brainchild of Founder Marek Claassen, is the world’s first AI-powered art advisor, making it simple to buy the art you love with confidence. Using machine learning, Limna analyses millions of art world data points in seconds. This startup also connects buyers with galleries around the world, specialising in original and unique paintings, focusing on supporting living artists’ work.

DropsTab

With a focus on Big Data, Blockchain, Cryptocurrency, and Market Research, DropsTab operates as a cryptocurrency market tracker that allows users to monitor their assets’ performance by collecting real-time data from centralized, decentralized exchanges, and all blockchain transactions.

Himalaya Exchange

Another player in the Blockchain, Cryptocurrency, Financial Services, and FinTech industry is Himalaya Exchange, a blockchain-based financial service provider. Despite being a relatively new player, this startup is quickly making its mark in the industry.

LINK IO

LINK IO operates as a web3 Cross border payments infrastructure specifically tailored for Africa. Founded by Emmanuel Ebuka Evarist, Marvel George Ekpo, Tomisin Leshi and Victor Nwaejie, LINK IO is shaking up the Blockchain, Cryptocurrency, Debit Cards, Finance, Financial Services, FinTech, Payments, and Peer to Peer industry.

Revoland

Recently established startup Revoland is stirring the Blockchain, Cryptocurrency, Online Games, and Video Games industry. They provide services such as publishing, distribution, promotion, and NFT transactions for web3 games.

BlockSwap Network

In the domain of Blockchain and software, BlockSwap Network has emerged as a promising startup. Still in its early stages of development, BlockSwap Network shows immense potential for growth.

Appold

Focused on the Web3 industry, Appold advises and guides institutions, corporations, as well as founders and teams in the sector. Appold’s area of expertise includes Blockchain technology, Decentralised finance, and Tokenisation of assets.

Idexo

Idexo, another London-based startup, is making significant strides in the Blockchain, Developer Tools, and Software sector.

Fintech Review

Finally, Fintech Review, led by Tristan Pelloux, is providing insights, reviews, interviews and analysis in the world of Fintech, from explaining basic concepts to analysing major trends across business, finance, economics, and technology.

In conclusion, these startups demonstrate the boundless possibilities that blockchain technology has offered in recent times. Though diversity exists amongst these startups in terms of their areas of focus, their shared foundation in blockchain technology is an unmissable testament to the potential and versatility of this technology. In the years to come, it would be exciting to watch these startups bloom and influence how different sectors utilize blockchain technology.

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