Toronto – Canada has quietly become a global leader in digital assets.
Canada was one of the first countries to enact crypto rules starting with the 2014 Money Laundering Anti-Money Laundering Guidelines. The country has repeatedly evolved its regulatory guidance in recent years.
Its clarity of regulations has made Toronto a launchpad for blockchain growth, and Wall Street is gaining attention.
Robin HoodThe recent acquisition of Canadian Crypto Firm Wonderfi, owner of BitBuy and Coinsquare, plugs into Canada’s established user base.
“Canada is a very attractive market for us,” said Johann Carblatt, Robin Hood’s crypto chief. “We have over 30 million users using Crypto here in Canada and our revenue forecast is projected to be around $900 million in 2025.”
The company’s decision to spend just under $180 million to buy Wonderfi, which has one of the country’s longest cryptographic licenses, bets directly on its growth.
Galaxy Digital, a digital Asset Investing giant founded by Mike Novogratz, is headquartered in New York, but is listed in Canada after it failed to be published in the US. Galaxy will eventually debut on Nasdaq on Friday after launching the Spot Bitcoin ETF in the US.
Defi Technologies focuses on being a Canadian player strategy We’re also planning a list of Solana in the US.
“Many companies are starting the Toronto Stock Exchange and are about to climb the Nasdaq uplist,” said Nathan Allman, CEO of Ondo Finance. “I think we’re going to see more of that.”
At Toronto Consensus 2025, one of the world’s largest crypto conferences, jpmorganOndo and ChainLink have announced $100 billion bets on the blockchain using a new platform to tokenize real assets.
The two companies say the new product will allow JpMorgan’s Kinexys Digital Payments Network and Ondo’s blockchain infrastructure to tokenize and resolve the Ministry of Finance using blockchain.
“It’s really the first time we’ve seen this interoperability between a bank’s permitted blockchain environment and a public blockchain,” Allman said.
The Crypto deal has shown signs of life in recent months as the US changed its regulatory approach under President Donald Trump.
The Federal Deposit Insurance Corporation and the Federal Reserve have eased restrictions on banks processing crypto and rolled back preliminary guidance requiring pre-approval for digital asset activities.
The Securities and Exchange Commission took a significant step by withdrawing restrictive accounting updates forced on companies that hold crypto assets to record their clients as liability. The new approach aligns custody of cryptographic products.
At the same time, the SEC launched a new Crypto task force, inviting them to publish how to better regulate digital assets.
“They want big companies like City “They want our input,” said Ryan Lagg, global head of digital assets for City’s Treasury and Trade Solutions division.
Reservations for Eric Trump, the president’s son and newly formed American Bitcoin leader, as a headline speaker, highlighted the growing presence of the US in the crypto arena. The company created a wave when it was launched in March and is already planning to make it public through a merger with Griffon Digital Mining.
“It’s important to remember. Most countries are completely neutral on blockchain,” said Dan Morehead, CEO of Pantera Capital. “The US was quite hostile to blockchain, making it difficult for businesses to obtain bank accounts and make it difficult for businesses to make it public.”
He said he believes many companies that were publicly available a few years ago will be hit by the US market in the next six months.
“There’s clearly an incredible appetite in the open market,” he said.
An Israel-based crypto and stock trading platform Etro It was released on Wednesday after exceeding expected range. The shares surged nearly 29% on the first trading day.
The US advancement is not without its setbacks. After Democrats raised concerns about national security, the Senate failed to move forward with a genuine stubcoin regulation bill, while others expressed concern about its relationship with the president’s code.
Still, the payment giant charges first.
Mastercard On Thursday it announced that it partnered with MoonPay to allow customers to trade using Stablecoin Balance using debit cards.
PayPal It was announced on Wednesday that it will partner with the Artificial Intelligence Platform’s confusion to enable chat-driven shopping. PayPal’s senior vice president of Blockchain, Crypto, and Digital Currencies told CNBC in 2025 that they are looking at a future where AI allows customers to chat with PayPal Stablecoins or other crypto holdings.
“We are trying to make sure Paypal and Venmo are gateway products for participating in encryption,” said Jose Fernandez Da Ponte, Senior Vice President of Blockchain, Crypto, and Digital Currency at PayPal. “A lot of people enter the code through us, which leads to us continuing to add tokens.”
While PayPal is leaning towards accessibility and payments, Robinhood doubles its tokenization and staking, gaining both retail and institutional users.
“This discussion here in the US is really important. It shows that we want to embrace technology rather than tweaking it and turning it off like we used to,” Kerbrat said, explaining how it looks at the SEC roundtable under new chairman Paul Atkins.
The company sees blockchain technology as a way to transform its stocks into digital tokens that can be traded instantly into private equity markets, real estate and real estate.
“We think it’s actually the future at Robinhood, and we think we can use tokenization to introduce more traditional assets in the chain,” Kerbrat added.
Watch: Etoro Stocks Surge on NASDAQ Debut: CNBC Crypto World
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