# Top 20 Web3 & Crypto Startups in Toronto by Funding (2026)

> The 20 best-funded Web3 & Crypto startups in Toronto, ranked by total funding raised: $307M combined.

Source: https://millionrounds.com/top-lists/web3-startups-toronto (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Coinsquare** Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange.](https://millionrounds.com/company/coinsquare) Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange. *Founded* - Toronto, Canada **$95M** last round Feb 2021
- 2 [**Delphia** Delphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products.](https://millionrounds.com/company/delphia) Delphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products. *Founded* 2018 Toronto, Canada **$60M** last round Jun 2022
- 3 [**WonderFi** WonderFi is a technology company that provides individuals with access to financial services through DeFi.](https://millionrounds.com/company/wonderfi) WonderFi is a technology company that provides individuals with access to financial services through DeFi. *Founded* 2021 Toronto, Canada **$35M** last round Feb 2022
- 4 [**Nuco** Nuco is a blockchain platform that focuses on developing and managing decentralized networks for businesses.](https://millionrounds.com/company/nuco) Nuco is a blockchain platform that focuses on developing and managing decentralized networks for businesses. *Founded* 2016 Toronto, Canada **$22M** last round Oct 2017
- 5 [**Badger DAO** Badger DAO is a bitcoin-based decentralized finance platform that allows users to trade crypto tokens.](https://millionrounds.com/company/badger-dao) Badger DAO is a bitcoin-based decentralized finance platform that allows users to trade crypto tokens. *Founded* 2020 Toronto, Canada **$21M** last round Mar 2021
- 6 [**ChainSafe Systems** ChainSafe Systems is a Toronto-based open-source research and development firm that focuses on blockchain and Web3 infrastructure.](https://millionrounds.com/company/chainsafe-systems) ChainSafe Systems is a Toronto-based open-source research and development firm that focuses on blockchain and Web3 infrastructure. *Founded* 2019 Toronto, Canada **$19M** last round Oct 2022
- 7 [**Digi Power X** DigiPowerX delivers cutting-edge data infrastructure solutions powered by our revolutionary ARMS 200 modular system.](https://millionrounds.com/company/digi-power-x) DigiPowerX delivers cutting-edge data infrastructure solutions powered by our revolutionary ARMS 200 modular system. *Founded* - Toronto, Canada **$15M** last round Jul 2025
- 8 [**Layer2 Financial** Layer2 Financial enables fintech and banks to launch compliant stablecoin, cryptocurrency, and other digital asset products.](https://millionrounds.com/company/layer2-financial) Layer2 Financial enables fintech and banks to launch compliant stablecoin, cryptocurrency, and other digital asset products. *Founded* 2021 Toronto, Canada **$7.7M** last round Jul 2024
- 9 [**NFT3** NFT3 is the first Unified Decentralized Identity and Credit Network for Web3 and Your Portal to the Metaverse.](https://millionrounds.com/company/nft3) NFT3 is the first Unified Decentralized Identity and Credit Network for Web3 and Your Portal to the Metaverse. *Founded* 2020 Toronto, Canada **$7.5M** last round Jan 2022
- 10 [**Informal Systems** Informal Systems is a Canadian-based technology organization founded in 2019, operating as a cooperatively owned and governed entity.](https://millionrounds.com/company/informal-systems) Informal Systems is a Canadian-based technology organization founded in 2019, operating as a cooperatively owned and governed entity. *Founded* 2019 Toronto, Canada **$5.3M** last round Jun 2023
- 11 [**Moku** Moku is a web3 game studio and publisher based in Toronto, founded in 2021.](https://millionrounds.com/company/moku) Moku is a web3 game studio and publisher based in Toronto, founded in 2021. *Founded* 2021 Toronto, Canada **$5.3M** last round Sept 2024
- 12 [**Range Protocol** Permissionless Infrastructure for Smart Money Management.](https://millionrounds.com/company/range-protocol) Permissionless Infrastructure for Smart Money Management. *Founded* 2023 Toronto, Canada **$3.8M** last round Sept 2023
- 13 [**VirgoCX** VirgoCX is a regulated cryptocurrency trading platform based in Toronto, Canada, founded in 2018.](https://millionrounds.com/company/virgocx) VirgoCX is a regulated cryptocurrency trading platform based in Toronto, Canada, founded in 2018. *Founded* 2018 Toronto, Canada **$3.7M** last round Oct 2023
- 14 [**Quidax** Quidax is a centralized cryptocurrency exchange founded in 2016, with a focus on enabling individuals and businesses to buy, sell, store, and transfer cryptocur](https://millionrounds.com/company/quidax) Quidax is a centralized cryptocurrency exchange founded in 2016, with a focus on enabling individuals and businesses to buy, sell, store, and transfer cryptocur *Founded* 2016 Toronto, Canada **$3.0M** last round May 2021
- 15 [**Fairblock** Fairblock is a decentralized confidentiality network focused on confidential computing for blockchain and open finance applications.](https://millionrounds.com/company/fairblock) Fairblock is a decentralized confidentiality network focused on confidential computing for blockchain and open finance applications. *Founded* 2023 Toronto, Canada **$2.5M** last round Oct 2023
- 16 [**Kuvi.ai** The Future of Finance Isn't Another App, It's an Agent.](https://millionrounds.com/company/kuvi-ai) The Future of Finance Isn't Another App, It's an Agent. *Founded* 2025 Toronto, Canada **$700K** last round Jul 2025
- 17 [**Cryptostar** Cryptostar engages in cryptocurrency mining operations.](https://millionrounds.com/company/cryptostar) Cryptostar engages in cryptocurrency mining operations. *Founded* 2017 Toronto, Canada **$466K** last round Feb 2026
- 18 [**Award Pool** Award Pool is a Toronto-based web3 platform founded in 2020 that focuses on enhancing customer engagement through gamification.](https://millionrounds.com/company/award-pool) Award Pool is a Toronto-based web3 platform founded in 2020 that focuses on enhancing customer engagement through gamification. *Founded* 2020 Toronto, Canada **$280K** last round Mar 2022
- 19 [**Zoksh Pay** Zoksh Pay is a non-custodial crypto payment platform enabling instant, secure, multi-chain payments.](https://millionrounds.com/company/zoksh-pay) Zoksh Pay is a non-custodial crypto payment platform enabling instant, secure, multi-chain payments. *Founded* - Toronto, Canada **$250K** last round Nov 2022
- 20 [**XXCORP INC** XXCORP INC is a software agency that provides development solutions to clients across a range of industries.](https://millionrounds.com/company/xxcorp-inc) XXCORP INC is a software agency that provides development solutions to clients across a range of industries. *Founded* 2020 Toronto, Canada **$250K** last round Apr 2022

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back Web3 & Crypto startups in Toronto in the app, with filters, lists and exports.

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## More web3 & crypto lists

[See all](https://millionrounds.com/top-lists?t=Web3%20%26%20Crypto)

[*K* *R* *P* **Web3 & Crypto startups in the United States** 1,080 companies · $39B](https://millionrounds.com/top-lists/web3-startups-united-states)[*BT* *YL* *BG* **Web3 & Crypto startups founded in 2021** 427 companies · $4.1B](https://millionrounds.com/top-lists/web3-startups-founded-2021)[*F* *LF* *SA* **Web3 & Crypto startups founded in 2022** 269 companies · $4.8B](https://millionrounds.com/top-lists/web3-startups-founded-2022)[*K* *R* *S* **Web3 & Crypto startups that raised in 2026** 233 companies · $15B in 2026](https://millionrounds.com/top-lists/web3-startups-raised-2026)[*S* *S* *B* **Web3 & Crypto startups founded in 2018** 223 companies · $4.2B](https://millionrounds.com/top-lists/web3-startups-founded-2018)[*LF* *BT* *BO* **Web3 & Crypto startups in Singapore** 181 companies · $3.5B](https://millionrounds.com/top-lists/web3-startups-singapore)[*P* *U* *F* **Web3 & Crypto startups founded in 2020** 174 companies · $4.7B](https://millionrounds.com/top-lists/web3-startups-founded-2020)[*K* *P* *N* **Web3 & Crypto startups in New York** 172 companies · $11B](https://millionrounds.com/top-lists/web3-startups-new-york)

## More lists for Toronto

[See all](https://millionrounds.com/top-lists?r=Toronto)

[*C* *H8* *AP* **Startups in Toronto** 622 companies · $22B](https://millionrounds.com/top-lists/startups-toronto)[*DG* *DC* *B* **Healthcare startups in Toronto** 48 companies · $1.2B](https://millionrounds.com/top-lists/healthcare-startups-toronto)[*ST* *BS* *I* **IT Services startups in Toronto** 47 companies · $387M](https://millionrounds.com/top-lists/it-services-startups-toronto)[*DG* *B* *B* **Biotech startups in Toronto** 39 companies · $1.1B](https://millionrounds.com/top-lists/biotech-startups-toronto)[*W* *F* *BF* **Financial Services startups in Toronto** 27 companies · $2.2B](https://millionrounds.com/top-lists/financial-services-startups-toronto)[*D* *NG* *C* **Big Data & Analytics startups in Toronto** 24 companies · $179M](https://millionrounds.com/top-lists/big-data-startups-toronto)[*BS* *F* *G* **Software startups in Toronto** 23 companies · $666M](https://millionrounds.com/top-lists/software-startups-toronto)[*GM* *NF* *CM* **Oil & Gas startups in Toronto** 21 companies · $896M](https://millionrounds.com/top-lists/oil-gas-startups-toronto)