Spotlight on Montréal’s Innovative Blockchain Startups Disrupting Canada’s Tech Scene

January 5, 2024

Welcome to our feature on some of the most vibrant and promising blockchain startups making waves in Montréal. Despite the global pandemic, 2020 and the years that succeeded it have seen an outpouring of innovation and entrepreneurial spirit in the blockchain industry. These startups, with their diverse applications and remarkable adaptability, stand as testament to the resilience of Canada’s technology sector. Montréal, known for its rich culture and dedication to creativity and innovation, is a hub for these companies. In this article, we will delve into this thriving ecosystem and explore some of the startups that are paving the way forward in blockchain technology.

Blockchain is the technology behind cryptocurrencies such as Bitcoin and Ethereum. However, its potential use cases run much further and deeper than just digital currencies. From supply chain management to decentralized finance (DeFi), blockchain is significantly changing industries and providing secure, transparent and tamper-proof systems. The startups we are about to explore are harnessing the capabilities of blockchain in various innovative ways, highlighting the diversity and adaptability of this technology.

Montréal’s blockchain scene echoes the city’s diverse culture, featuring a range of startups that champion decentralization, security, and transparency. From DeFi platforms to creative gaming solutions, these visionary startups are at the forefront of blockchain innovation. Let’s dig deeper into each of these organizations and see what they bring to the blockchain table.


Co-founded by Eric Lemieux and Martin Leclair, Vezgo focuses on making crypto exchange, wallets, accounts, and protocols widely accessible and easy to integrate with applications. The firm has developed robust APIs that drastically reduce integration lead times and offer a seamless cryptocurrency experience. Providing extraordinary reliability and data consistency, Vezgo endeavors to keep your application always up-to-date with the latest exchanges, wallets, and protocols.


DeFiSafety, founded by Rex Hygate, is a pioneer in technical risk analysis for blockchain-based investments. Its unique process evaluates blockchain investment policies based on software transparency and best practices. By providing this information, DeFiSafety helps investors make informed decisions about DeFi protocols, which exist solely on blockchains.


Zapper is a versatile fintech platform dedicated to streamlining DeFi assets management. Founded by Nodar Janashia, Seb Audet, and Suhail Gangji, Zapper introduces accessible pathways for both beginners and advanced investors alike to participate in DeFi lending, yield farming, and liquidity provisions.

Incubella Technologies

Incubella Technologies is a full-service blockchain firm that nurtures new blockchain and Web3 startups. Its focus is on fostering the growth and development of the decentralized web through expert marketing and development services.

Rare Circles

Rare Circles, established in 2021 by Yifeng Song, provides a wide array of smart contracts catering to unique brand engagement goals. Its customizable NFT experience tailors to different target audiences, including VIP allowlists and loyalty claims patterns.

AlwaysGeeky Games

AlwaysGeeky Games is an innovative blockchain gaming company. Through the NFT project Voxies and the game Voxies Tactics, the company seeks to fit the exciting trends in the gaming world and offer players both fun and value.


Founded by Jason Dominique, Embr is an all-remote corporation that is building a global fundraising infrastructure for Web3. With its product Checkout, the company moves startups and creators into a new era of internet engagement and value realization.

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