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Calgary Crypto Custodian Balance Expands Into U.S.

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Calgary-based crypto custodian Balance has acquired Wyoming digital asset firm DVTR, expanding its services across most U.S. states. Financial terms were not disclosed. Balance is one of only three Canadian companies registered as qualified crypto custodians, allowing it to store and manage digital assets for financial institutions.

The acquisition comes as banks in Canada and the United States increase crypto experimentation amid easing regulations. In July, Balance began providing bitcoin custody for clients of Alberta’s Bow Valley Credit Union. The DVTR deal will enable Balance to support stablecoin issuance, tokenized deposits, and digital asset credit card payments for institutional customers.

Want to know more? Check out the source code on The Logic.

Fintechs Push for Access to Better Serve SMEs

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Peloton Technologies CEO Craig Attiwill says small and medium-sized businesses (SMEs), which form Canada’s economic backbone, remain underserved by traditional banks. In an interview, he emphasized fintechs’ growing role in tailoring services for this diverse sector, despite regulatory hurdles.

Attiwill called for open banking, access to central payment systems, and faster progress on real-time payments—standards already adopted in the UK, Singapore, and Australia. Without these, Canadian fintechs remain reliant on banks. Attiwill believes fintechs can thrive by focusing on niche markets and staying prepared for policy change. “There’s room for many winners,” he said.

Want to know more? Check out the source code on Fintech.ca.

Eeva Launches AI Platform to Simplify Adulting

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Montreal-based startup eeva has officially launched its innovative home and life management platform, designed to simplify daily responsibilities and ease the pressures of “adulting.” Debuting at CES 2025 after raising $1.8 million in pre-seed funding, eeva offers AI-powered tools for organizing tasks, managing home maintenance, and coordinating household schedules.

Addressing the growing need for balance, especially among women and single parents, eeva centralizes personal and home management to reduce stress and improve well-being. CEO Adrienne Jung emphasizes empowering Canadians to focus on relationships and passions.

Want to know more? Check out the source code on BusinessWire.

Canada Unveils Strategy to Attract Global Tech Talent

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Canada is stepping up its game in the tech talent arena with the introduction of a groundbreaking strategy to attract foreign tech workers.

Minister Sean Fraser revealed the details at the Collision Conference in Toronto, highlighting four key pillars.

The plan includes the creation of an Innovation Stream within the International Mobility Program, promoting Canada as a destination for digital nomads, streamlined work permits for H-1B visa holders in the US, and improvements to existing programs like the Global Skills Strategy and Start-up Visa Program.

These initiatives aim to address labor shortages, foster innovation, and boost economic growth in the tech sector.

Want to know more? Check out the source code on Techtalent.ca. Image: Collision.