Grants and Contributions:
Title:
Pre-regulatory sandbox prototype of cryptocurrency trading platform
Agreement Number:
953943
Agreement Value:
$100,000.00
Agreement Date:
Jul 1, 2020 - Feb 26, 2021
Description:
Balance Custody provides institutional grade custody for digital assets. With the addition of clearing and settlement services to Balance’s digital asset custody platform, we aim to provide an integrated end-to-end product offering to future broker-dealers operating in the space.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Toronto, Ontario, CA M5V 3Z5
Reference Number:
172-2020-2021-Q2-953943
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
703606327
Recipient Type:
For-profit organization
Recipient's Operating Name:
Balance
Recipient's Legal Name:
Paradiso Ventures Inc.
Federal Riding Name:
Spadina--Fort York
Federal Riding Number:
35101
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211