Crypto stocks, also known as blockchain stocks or digital asset stocks, are publicly traded companies that operate within the cryptocurrency and blockchain technology sectors. These companies are involved in various aspects of the crypto ecosystem, including cryptocurrency mining, blockchain technology development, digital asset management, and more. This guide looks at some of the Canadian companies that operate in the blockchain and crypto space and are also publicly traded.
Canada is home to a diverse array of companies operating in the crypto space. From mining, to crypto trading platform operators there are a number of Canadian listed companies that operate in the exciting crypto space.
Some notable Canadian names in the blockchain and crypto space that operate in Canada are the following:
WonderFi Technologies Inc. (TSX: WNDR)
WonderFi owns and operates leading digital asset businesses in Canada. WonderFi is the holding company for Bitbuy and Coinsquare, two of Canada's largest regulated crypto trading platforms and SmartPay, a crypto payment processing platform for businesses.
With over $2.1 billion in assets under custody as of January 2025, WonderFi is well-positioned to service crypto participants on a global scale with trading, payments and decentralized products, including purpose-built blockchains and non-custodial wallet applications.
WonderFi is launching a layer 2 blockchain and a self-custodial wallet in 2025, bringing on-chain offerings to customers globally.
Hut 8 Mining Corp. (TSX: HUT)
Hut 8 is one of Canada's largest cryptocurrency mining companies, known for its Bitcoin mining operations. It operates highly efficient mining farms powered by low-cost electricity, including renewable energy sources in Alberta and Ontario. The company focuses on scaling its operations while remaining environmentally conscious, holding a significant reserve of self-mined Bitcoin. Hut 8 has positioned itself as a leader in digital asset mining infrastructure.
Hive Blockchain Technologies Ltd. (TSX: HIVE)
Hive Blockchain was one of the first publicly traded crypto mining companies and is recognized for its commitment to sustainability. The company operates green-energy-powered data centers in Canada, Sweden, and Iceland to mine Bitcoin and Ethereum. Hive’s strategy includes reinvesting in infrastructure to remain competitive in an increasingly challenging mining landscape. Its focus on environmentally friendly practices resonates with investors seeking sustainable crypto solutions.
Bitfarms Ltd. (TSX: BITF)
Bitfarms is a Quebec-based Bitcoin mining company operating several high-capacity mining farms powered by hydroelectricity. The company takes pride in its low-cost, renewable energy mining operations and consistently ranks as one of the most efficient Bitcoin miners in North America. Bitfarms continues to expand its global footprint with projects in Canada, South America, and beyond. It maintains a strategic focus on operational efficiency to maximize profitability during volatile market conditions.
Galaxy Digital Holdings Ltd. (TSX: GLXY)
Galaxy Digital is a diversified financial services firm specializing in digital assets and blockchain technology. It provides institutional-grade solutions, including trading, asset management, and investment banking services. The company also invests in blockchain-related startups, giving it exposure to cutting-edge developments in the industry. With its founder, Michael Novogratz, at the helm, Galaxy Digital is a well-known player in both traditional finance and the cryptocurrency sector.
DMG Blockchain Solutions Inc. (TSXV: DMGI)
DMG Blockchain Solutions is a blockchain technology company with a focus on Bitcoin mining and software development. The company’s mining operations are powered by clean energy, aligning with industry trends for sustainability. Beyond mining, DMG develops blockchain analytics and cybersecurity tools, expanding its revenue streams and relevance in the blockchain ecosystem. Its combination of mining and technology services sets it apart in the Canadian crypto space
In summary, this article has provided an overview of just a small handful of Canadian crypto stocks. From companies involved in cryptocurrency trading platforms to those engaged in Bitcoin mining and blockchain technology, there are various companies in Canada that operate in the crypto and blockchain space and are also publicly traded. If you are looking to learn more about these companies, be sure to check out their individual websites for a more detailed look at these Canadian listed crypto stocks.
Disclaimer: This blog post is intended for informational purposes only and should not be considered as investment advice. Investors should conduct their own research and consult with a qualified financial advisor before making investment decisions.