Exploring Toronto’s Cutting-Edge Canadian Bitcoin Industry Startup Innovations

January 5, 2024

If you’re in Toronto and looking for some home-grown Bitcoin startups to follow, you’re in luck. From cryptocurrency exchanges to blockchain education platforms to digital payments providers, the city’s Bitcoin industry is diverse and thriving. Here’s a look at some of the most exciting Bitcoin startups founded in 2020 or later that are based in Toronto.

These companies are leveraging the blockchain revolution, reshaping the way we approach finance and commerce. Bitcoin has come a long way since it was first introduced in 2009. As we move into a new decade, these startups are at the forefront of innovation in this space.

They are breaking down the barriers to financial inclusion and making it possible for anyone, anywhere, to send, receive, and store value. By leveraging the power of Bitcoin and blockchain technology, these Canadian startups are on a mission to create a more open, accessible, and fair financial system.

Piggy Capital

Piggy Capital, based in Toronto, is enhancing the way individuals and companies make transactions with Bitcoin. Offering a registered money service business, Piggy Capital builds resilient infrastructure for sustainable economic growth. The company aims to enable customers to make significant investments, such as buying a house or car using Bitcoin. Connect with Piggy Capital on Twitter and Facebook.


Desentra is a Toronto-based startup that aims to revolutionize crypto education. They offer comprehensive courses adapted to all knowledge levels, and accessible anywhere, anytime, and from any device. Their mission is to introduce people to blockchain and cryptocurrencies, enhancing their understanding and experience in the field. Find them on Twitter and Facebook.


Toronto-based Mash is tackling the challenges of web monetization head-on. They are remonetizing the web by facilitating value exchange between publishers, creators, organizations, and their users. The company is riding on the Bitcoin wave, enabled by the Lightning Network, to provide frictionless streaming payments. Follow their journey on Twitter, and get to know them on LinkedIn.


Storspay is creating a frictionless Defi-crypto payment platform for consumers and merchants. With almost zero transaction fees, users enjoy cashback on all spending through the app. They also offer the opportunity to earn higher interest income by staking balances to be lent at affordable rates to affiliated merchants. Connect with them on Twitter, Facebook, and LinkedIn.

Arxnovum Investments

Arxnovum Investments specializes in assessing the vulnerabilities of cryptocurrency investments. Based in Toronto, the company provides exclusive investment solutions using private pools for cryptocurrencies like Bitcoin. Connect with them on Twitter and LinkedIn.


1800BITCOIN, a Toronto-based fintech startup, delivers Bitcoin exposure and educational products to the mainstream market. Launched in 2021, they sell Bitcoin directly to consumers in the United States through phone and online mediums. Follow them on LinkedIn.


TapSats is a Toronto-based company in the Bitcoin and Cryptocurrency industry. Although details regarding the founders and their description are yet to be released, they are part of the revolution reshaping the financial landscape. Connect with them on Facebook and LinkedIn.

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