Canada Cryptocurrency Market Size, Share, Trends and Forecast by Type, Component, Process, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A40298

Canada Cryptocurrency Market Overview:

The Canada cryptocurrency market size reached USD 50,125.06 Million in 2024. The market is projected to reach USD 1,15,606.77 Million by 2033, exhibiting a growth rate (CAGR) of 9.73% during 2025-2033. In Canada, blockchain is driving secure, transparent financial solutions like tokenized assets and efficient cross-border payments, while also expanding into areas, such as identity and supply chain. Besides this, the growing utilization of artificial intelligence (AI), which assists in enhancing trading accuracy, automating compliance, and boosting cybersecurity on crypto platforms, is fueling the Canada cryptocurrency market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 50,125.06 Million
Market Forecast in 2033	USD 1,15,606.77 Million
Market Growth Rate 2025-2033	9.73%

Canada Cryptocurrency Market Trends:

Blockchain innovations

Blockchain innovations are enabling secure, transparent, and decentralized systems that support both financial and non-financial applications. Canada has a strong foundation in blockchain research and development, with universities, startups, and tech hubs actively exploring its potential across sectors. In finance, blockchain enables quick, safe, and inexpensive peer-to-peer transactions without requiring intermediaries. Canadian firms are using blockchain in finance to create more efficient systems for cross-border payments, digital asset management, and tokenized investment products. According to the IMARC Group, the Canada blockchain in finance market size reached USD 162.03 Million in 2024. Blockchain is also being applied to areas like healthcare data, digital identity, supply chain traceability, and energy trading, which increases overall public and institutional trust in the technology. The Canadian government is also showing interest in exploring blockchain for improving transparency in public services. Innovations in smart contracts, decentralized applications (dApps), and Web3 platforms are gaining momentum. These developments are creating new investment opportunities and expanding the practical use of cryptocurrencies. As blockchain technology continues to evolve in Canada, it is strengthening the infrastructure that underpins the crypto market, attracting both retail and institutional participants, and positioning the country as a forward-looking player in the digital economy.

Increasing AI adoption

Rising AI adoption is bolstering the Canada cryptocurrency market growth. Canadian investors and trading platforms are leveraging AI algorithms for predictive market analysis, helping users make more informed investment decisions in real time. AI-based bots are also being utilized to execute automated trading strategies, manage portfolio risks, and detect abnormal market behavior. In addition, AI enhances cybersecurity by identifying suspicious patterns, aiding in preventing fraud and cyberattacks on crypto platforms. Canadian fintech companies are integrating AI to streamline compliance processes, including automated anti-money laundering (AML) checks, simplifying the experience for users to enter the market while maintaining regulatory standards. AI is also playing an important role in optimizing blockchain networks by analyzing data for scalability, energy efficiency, and transaction validation. As Canada continues to wager on AI assimilation, especially in major cities like Toronto and Montreal, its intersection with crypto is creating new business models, such as AI-based DeFi tools and tokenized AI services. As per the information provided on the official website of the Government of Canada, the Canada AI market is set to attain USD 28.2 Billion in 2028.

Canada Cryptocurrency Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, component, process, and application.

Type Insights:

Bitcoin
Ethereum
Bitcoin Cash
Ripple
Litecoin
Dashcoin
Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes bitcoin, ethereum, bitcoin cash, ripple, litecoin, dashcoin, and others.

Component Insights:

Hardware
Software

A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes hardware and software.

Process Insights:

Mining
Transaction

The report has provided a detailed breakup and analysis of the market based on the process. This includes mining and transaction.

Application Insights:

Trading
Remittance
Payment
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes trading, remittance, payment, and others.

Regional Insights:

Ontario
Quebec
Alberta
British Columbia
Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Ontario, Quebec, Alberta, British Columbia, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Canada Cryptocurrency Market News:

In May 2025, Robinhood Markets Inc. was set to purchase WonderFi Technologies Inc., which ran two cryptocurrency platforms in Canada, for approximately CD 250 Million (USD 179 Million) in cash. WonderFi's cryptocurrency options would assist Robinhood in providing Canadians with enhanced access to crypto trading.
In April 2025, Ndax, a major cryptocurrency trading platform in Canada, and the National Hockey League (NHL®) revealed a new alliance, designating Ndax as NHL’s crypto trading platform partner for the 2025 Stanley Cup Playoffs. Ndax would initiate a specialized campaign for the 2025 Stanley Cup Playoffs, called Ndax ICE, offering Canadian fans the opportunity to win a memorable Stanley Cup Playoffs experience. Ndax ICE would host daily, weekly, and round-specific giveaways, offering prizes, such as credits for purchasing cryptocurrency selected by the winner directly through Ndax.

Canada Cryptocurrency Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Type Component Process Application Region
Types Covered	Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Dashcoin, Others
Components Covered	Hardware, Software
Processes Covered	Mining, Transaction
Applications Covered	Trading, Remittance, Payment, Others
Regions Covered	Ontario, Quebec, Alberta, British Columbia, Others
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Canada cryptocurrency market performed so far and how will it perform in the coming years?
What is the breakup of the Canada cryptocurrency market on the basis of type?
What is the breakup of the Canada cryptocurrency market on the basis of component?
What is the breakup of the Canada cryptocurrency market on the basis of process?
What is the breakup of the Canada cryptocurrency market on the basis of application?
What is the breakup of the Canada cryptocurrency market on the basis of region?
What are the various stages in the value chain of the Canada cryptocurrency market?
What are the key driving factors and challenges in the Canada cryptocurrency market?
What is the structure of the Canada cryptocurrency market and who are the key players?
What is the degree of competition in the Canada cryptocurrency market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Canada cryptocurrency market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Canada cryptocurrency market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Canada cryptocurrency industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options Discount
Offer

Request Customization

Speak to an Analyst

Request Brochure

Inquire Before Buying

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-201-971-6302

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Canada Cryptocurrency Market