Contribution: Industrial Research Assistance Program – Contributions to Firms
Paradiso Ventures Inc.
$100,000.00
Pre-regulatory sandbox prototype of cryptocurrency trading platform
EF 2020-21 · 2020-07-01
Résumé
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.
Ministère
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Toronto|Toronto, Ontario, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
703606327
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Agreement End Date
2021-02-26
Agreement Number
953943
Agreement Start Date
2020-07-01
Agreement Title
Pre-regulatory sandbox prototype of cryptocurrency trading platform
Agreement Title (French)
Prototype de bac à sable pré-réglementaire d'une plateforme d'échanges de cryptomonnaie
Agreement Type
Contribution
Agreement Value
$100,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
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.
Description (French)
Balance Custody assure une garde de niveau institutionnel pour les biens numériques. Avec l'ajout de services de compensation et de règlement à la plate-forme de conservation des actifs numériques de Balance, nous visons à fournir une offre de produits intégrée de bout en bout aux futurs courtiers exerçant dans ce domaine.
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
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Spadina--Fort York
Federal Riding (French)
Spadina--Fort York
Federal Riding Number
35101
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
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
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
703606327
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Paradiso Ventures Inc.
Recipient Operating Name
Balance
Recipient Postal Code
M5V 3Z5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2020-2021-Q2-953943
