Balance Acquires DVTR and Expands Across the U.S.
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This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Balance acquires DVTR and expands across the U.S. Business WireArticle contentCALGARY, Alberta — Balance, Canada’s oldest and largest digital asset custodian, today announced its expansion into the U.S. market through the acquisition of DVTR, a Wyoming-based, multi-state licensed digital asset custodian and money transmitter, giving Balance immediate operational reach across a majority of U.S. states.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentDVTR’s licenses allow us to operate across most of the United States, unlocking access to hundreds of billions of dollars in digital assets that institutions need custodied safely, compliantly, and at scale by regulated financial institutions.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentDigital Value Transfer Rails Inc. (DVTR) has been part of Balance’s affiliate ecosystem since inception and focuses on providing safe, compliant access to the digital asset space for U.S. individuals and institutions. As Balance expanded its U.S. custody capabilities and regulatory footprint, the relationship naturally evolved into a full acquisition, completed on December 11th, turning DVTR into a wholly-owned subsidiary.
An Advance Change Notice and updated business plan were submitted to relevant U.S. money transmission regulators in late summer, with all approvals secured prior to closing.Article contentArticle content“This acquisition fundamentally changes our U.S. capabilities,” said George Bordianu, Co-Founder and CEO of Balance. “DVTR’s licenses allow us to operate across most of the United States, unlocking access to hundreds of billions of dollars in digital assets that institutions need custodied safely, compliantly, and at scale by regulated financial institutions.”Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentIn addition to digital asset and fiat custody, DVTR can also perform trading and staking services, whether directly, or through third-party providers. Backed by Balance’s institutional-grade infrastructure and integrations, DVTR enables U.S. and Canadian financial institutions to launch products such as:Article contentcustody, trading, and staking of digital assets;escrow and collateral management;stablecoin issuance and payments;tokenized deposits and real-world assets;digital asset and stablecoin credit and debit card payments.Article contentThese capabilities position Balance as a full-stack digital asset infrastructure partner for regulated financial institutions across North America, including banks, credit unions, stablecoin issuers, payment service providers, money services businesses, and fintech platforms.Article contentFinancial institutions interested in launching or expanding regulated digital asset services in the U.S. and Canada can reach us at contact@balance.ca.About Balance Balance connects its clients to top-tier providers such as Attestant, BlockFills, DARMA Capital, and Maple Finance, through its digital asset rails, enabling them to stake, lend, and liquidate billions of dollars’ worth of assets directly from the comfort of Balance Trust Company, its qualified custodian.Article contentDisclaimer Article contentwww.balance.ca/disclaimerArticle contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20251218304816/en/Article contentArticle contentContactsArticle contentJosh Le media@balance.ca +1 (833) 225-7030Article content#distroArticle contentTrending Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Welcome to the K-shaped economy: Canadians look back on a 'brutal,' 'great' year in Trump's trade war Economy Trump Official Signals Support for Trade Deal With Canada, Mexico PMN Business Is a $2.75 million portfolio enough for Halifax empty nesters to retire early?
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