ExchangesToronto, ON
Secure Digital Markets
Toronto institutional trading desk founded in 2017: OTC and spot execution across 40-plus digital assets, FX settlement, and crypto-backed lending for qualified investors, with loans from US$500,000 at up to 65 percent loan-to-value.
SDM Inc. (operating as Secure Digital Markets): FINTRAC money services business M20531684, registered for foreign exchange, money transferring and virtual currency, expiry July 31, 2028 (FINTRAC MSB registry, read September 9, 2026). Not a securities registrant; lending is offered through SDM USA Inc.
Quoted from the regulator, with the read date. Registrations change; check the CSA list before opening an account.
A bitcoin-backed loan turns coins into cash without a sale, and in Canada without a taxable disposition. But every lender sets a price at which your bitcoin gets sold anyway. Here is who actually lends to Canadians in 2026, what they charge, what a 30 percent drop does to the loan, and the tax and regulatory lines the American explainers skip.
15 min read ·
