Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Key Takeaways from the Bloomberg AI in Finance Summit

October 17, 2025

The upcoming frontier in managing personal wealth

October 17, 2025

Teybridge Capital Europe obtains €50 million funding to enhance its working capital offerings.

October 16, 2025

Fintech startup BON Credit unveils a strong and tailored initiative.

October 16, 2025
Facebook X (Twitter) Instagram
Trending
  • Key Takeaways from the Bloomberg AI in Finance Summit
  • The upcoming frontier in managing personal wealth
  • Teybridge Capital Europe obtains €50 million funding to enhance its working capital offerings.
  • Fintech startup BON Credit unveils a strong and tailored initiative.
  • Cardoso’s message to fintech leaders: robust governance is essential alongside technological innovation.
  • ACCA and CISI release guidelines on the ethical application of AI in the finance sector.
  • Erie Insurance makes investments in the startups Atomic and Feathery.
  • Revamping the Customer Challenge Title
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    B2B fintech Yaspa leverages its new regional brand to enter the U.S. market.

    October 16, 2025

    Fintech Employment Boom Stimulates Financial Job Market in London

    October 15, 2025

    European small and medium-sized enterprises face risks while developing AI strategies on unstable digital groundwork, reveals recent Qonto survey.

    October 10, 2025

    PM Modi invites international investors to be part of India’s growth narrative at the Global Fintech Fest.

    October 9, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025
  • AI

    Key Takeaways from the Bloomberg AI in Finance Summit

    October 17, 2025

    ACCA and CISI release guidelines on the ethical application of AI in the finance sector.

    October 16, 2025

    Revamping the Customer Challenge Title

    October 16, 2025

    Contact Financial and e& Money Partner to introduce an AI-driven digital finance platform in Egypt

    October 16, 2025

    Oracle introduces agents to engage in the financial sector.

    October 16, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Vietnam Fintech Market Overview: Trends, Growth Potential, and Future Directions

    October 8, 2025

    Industry size projected to reach 550.9 billion USD

    October 3, 2025

    Germany’s Fintech Market Expected to Reach 29.25 Billion USD by 2030

    October 3, 2025

    Expansion of the Blockchain and Fintech Sectors in Tokenization

    September 30, 2025

    Expansion and Investment Prospects in the GCC Fintech Sector

    September 25, 2025
  • Insights

    The upcoming frontier in managing personal wealth

    October 17, 2025

    India spearheads the fintech revolution with 87% of payments being digital.

    October 16, 2025

    Finance Minister Sitharaman inaugurates foreign currency settlement system in Gift City.

    October 7, 2025

    What $9.6T Daily FX Trading Means for Fintech Startups

    October 1, 2025

    Exploring the Boundaries of Technology: Advantages of the Fintech Sector

    September 30, 2025
  • Rumors

    Is Coinbase exploring a BVNK acquisition to enhance its stablecoin growth?

    October 14, 2025

    Japanese Digital Finance Firm Experiences Rapid Expansion

    October 11, 2025

    American regulators dismiss rumors of a dry CFTC merger, aiming to eliminate fear, uncertainty, and doubt in the cryptocurrency space.

    October 5, 2025

    Insights on OKX Communication Strategies for the Future of BTC Futures

    October 3, 2025

    Has the Texas Senate authorized the XRP reserve bill for purchasing $100 million in XRP annually?

    October 1, 2025
  • Startups

    Teybridge Capital Europe obtains €50 million funding to enhance its working capital offerings.

    October 16, 2025

    Fintech startup BON Credit unveils a strong and tailored initiative.

    October 16, 2025

    Erie Insurance makes investments in the startups Atomic and Feathery.

    October 16, 2025

    The Impact of New Derivative Contracts on Small Fintech Startups

    October 16, 2025

    Accel’s Second Campfire Round Investment in a Fintech Startup in Under Four Months

    October 16, 2025
  • finjobsly
fintechbits
Home » Balance Registers Balance Trust Company, Alberta FinTech Sector Growth
Jobs Market News

Balance Registers Balance Trust Company, Alberta FinTech Sector Growth

5 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
443892.png
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

No pictures

CALGARY, AB, Oct. 22, 2024 (GLOBE NEWSWIRE) — Libra, Canada’s oldest and largest digital asset custodian, has received approval from the Alberta Treasury and Finance Board (ATBF) to register Balance Trust Company, its wholly owned Calgary-based corporation. trust subsidiary. The approval is further supported by a $10 million investment in the trust by Balance, to achieve qualified custodian status in Canada and the United States to serve financial services and fintech companies in the Alberta’s entire regulatory landscape.

The expansion, supported by Invest Alberta, highlights Alberta’s growing role in digital asset management and innovation, with a commitment to hiring in the province and growing the local technology workforce financial.

Invest Alberta played a key role in supporting Balance’s move to the province earlier this year by providing investor services and connecting the company with local stakeholders, service providers and talent. Their guidance helped Balance navigate Alberta’s business environment and regulatory landscape, ensuring a smooth transition and integration into the local economy.

ATBF’s approval of Balance Trust Company further expands Libra’s capabilities and is expected to facilitate the entry of $4-6 billion in digital assets into the province. This development also improves Alberta’s infrastructure for the future growth of the blockchain industry, attracting global investment and driving economic growth and innovation in the province.

Supported by its unique regulatory framework, Alberta is the only province in Canada to offer this type of trust license, helping the province stand out as an undisputed leader in the field of digital asset financial services, strengthening its position as one of the most digital assets. business-friendly provinces.

Receive the latest news


delivered to your inbox

Subscribe to Manila Times newsletters

By registering with an email address, I acknowledge having read and accepted the Terms of Use And Privacy Policy.

Over the past seven years, Balance has grown to over $2.5 billion in assets under custody and serves clients across Canada and around the world. The approval of Balance Trust Company marks an important milestone, contributing to local job creation and economic diversification. The company’s mission to expand access to digital asset financial services aligns with Alberta’s efforts to support global innovation and investment.

Calgary Economic Development (CED) also facilitated Balance’s expansion plans in Calgary by helping the company adapt to the local business and financial context. By ensuring Calgary is friendly to technology innovators in digital assets, CED continues to help make Alberta an innovative fintech powerhouse.

QUOTES

“Relocating our business to Alberta and moving our headquarters here in January was without a doubt one of the best business decisions we have made. Although we were a little nervous at first about making the transition, thanks to Invest Alberta, we quickly discovered an incredible support network. We are beyond grateful for the warm welcome and almost a year later we can proudly call Alberta our home. With the approval of Balance Trust Company, we are extremely keen to grow and bring our brand and contribution to the company. the local economy.” –George Bordianu, CEO, Libra

“We are proud to support innovative companies like Balance Trust Company. With their registration, Alberta strengthens its leadership position in the finance and fintech sector. Our commitment to industry growth keeps us at the forefront of financial innovation and drives our economy. and offers greater security to investors. -Nate Horner, President of the Treasury Board and Minister of Finance

“Calgary continues to emerge as a destination of choice for fintech startups. Libra’s expansion in the city is a testament to how our friendly regulatory environment is attracting an influx of investment and cementing the region as an innovative fintech hub. –Chelsea Hallick, Director of Business Development, Enterprise Technology, Calgary Economic Development

“Alberta’s reputation is growing as a great place for fintech companies to locate and grow. With our supportive ecosystem, business-friendly environment and entrepreneurial spirit, we are paving the way for innovative companies like Libra to implement their vision and achieve their business goals. , right here in Alberta. Our Team Alberta approach with Calgary Economic Development was key to Balance’s decision to move to Calgary. Working together, we created a seamless experience for investors, which included connecting Libra to the resources and networks they needed to trust. their investment decision. –Rick Christiaanse, CEO of Invest Alberta

About the balance

Balance connects its customers to leading providers such as Attestant, Coinbase and DARMA through its digital asset rails, allowing them to stake, lend and liquidate billions of dollars of assets directly from the comfort of Balance Trust Company, its qualified flagship product. guardian. To learn more, visit www.balance.ca

About Calgary Economic Development

Calgary Economic Development is an opportunity creator, helping to stimulate and fuel Calgary’s growth. Our work is to connect people with resources that can help them grow their careers or businesses, thrive in new locations or markets, and feel at home in our community. We manage the economic strategy, Outlook: an action plan for our economy with a mandate to position Calgary for long-term economic success by supporting the expansion, retention and acquisition of businesses, capital and talent. We offer a wealth of information to help everyone succeed and we tirelessly promote Calgary, in Canada and around the world. For more information, please visit our website at www.calgarydevelopmenteconomique.com and follow us LinkedIn.

About Investment Alberta

Invest Alberta engages globally and provides high-end, personalized support to businesses, investors and major new projects. With team members strategically positioned in key markets around the world, Invest Alberta strives to remove barriers so businesses can start, grow and succeed without limits. With this announcement, Invest Alberta clients committed to investing $22.5 billion, which created more than 31,586 new jobs for Albertans. For more information, visit investmentalberta.ca.

CONTACT: Invest Alberta

403-861-9968

(email protected)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Fintech Employment Boom Stimulates Financial Job Market in London

October 15, 2025

Fintech and AI recruitment are driving job expansion in London’s financial sector.

October 13, 2025

How Finjobsly is Helping Candidates Connect With Fintech Firms

September 29, 2025
Leave A Reply Cancel Reply

Latest news

Key Takeaways from the Bloomberg AI in Finance Summit

October 17, 2025

The upcoming frontier in managing personal wealth

October 17, 2025

Teybridge Capital Europe obtains €50 million funding to enhance its working capital offerings.

October 16, 2025
News
  • AI in Finance (1,737)
  • Breaking News (175)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (311)
  • Market Insights (218)
  • Market Rumors (281)
  • Regulatory Updates (174)
  • Startup News (1,132)
  • Technology Innovations (180)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,737)
  • Breaking News (175)
  • Corporate Acquisitions (71)
  • Industry Trends (207)
  • Jobs Market News (311)
  • Market Insights (218)
  • Market Rumors (281)
  • Regulatory Updates (174)
  • Startup News (1,132)
  • Technology Innovations (180)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.