Balance Acquires DVTR and Expands Across the U.S.
Balance Acquires DVTR and Expands Across the U.S.
CALGARY, Alberta--(BUSINESS WIRE)--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.
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.
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Digital 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.
“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.”
In 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:
- custody, 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.
These 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.
Financial 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.
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Contacts
Josh Le
media@balance.ca
+1 (833) 225-7030

