Ep27-Mar 1: Blockchain Gaming and Esports with Shidan Gouran

NCFA Canada | Mar 1, 2019

JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY.

Ep27-Mar 1:  Blockchain Gaming with Shidan Gouran

About this episode:  On this week's episode of the Fintech Friday's Podcast our host Manseeb Khan sits down with the CEO of Global Blockchain Technologies Shidan Gouran. They chat about acquiring X2 games, Facebook getting into the blockchain, and the future of Fortnight - Enjoy! (Transcript)

HOST:  Manseeb Khan, Fintech Friday's show host

GUEST:  SHIDAN GOURAN, CEO, Global Blockchain Technologies (Linkedin)

BIO:  Shidan is a serial entrepreneur who helped pioneer unified communications and the connected consumer electronics industries. He mined his first Bitcoin in 2010, and has been involved in cryptocurrencies ever since. He has been widely quoted in business and tech publications on matters relating to blockchain technologies and cryptocurrencies, and currently serves as CEO of Global Blockchain Mining Corporation, a publicly-traded cryptocurrency investment company based out of Vancouver, Canada.

Subscribe and tune in each Friday to check out the latest movers and shakers in fintech.

Listen to more podcasts here: Season 1 | Season 2

 


Transcription of Interview

Intro: Welcome fintech Friday's a weekly podcast brought to you by the National Crowdfunding and Fintech Association of Canada and partners.Covering all things fintech block chain be AI and alternative finance.

Manseeb Khan : Thank you so much for sitting down with me today. I'm super excited to jump right into today's topic.

Shidan Gouran: Great. So am I Manseeb.

Manseeb Khan : Awesome. So, could you just before the audience that may not know essentially who you are and the amazing work that your company is doing could you just give us a quick rundown?

Shidan Gouran: Yeah. So many. My name is Shidan Gouran. I'm the CEO of Global Blockchain technologies and a few other companies from the blockchain space. Global Blockchain technologies  recently merged with a gaming company created by. Noel Bushnell who is the founder of Atari and that's called Global Gaming now. Global Gaming Technologies. And separate to that I'm an investor in the space. I've invested in a lot of game related startups and it's an area that I'm very bullish on for the future.

Manseeb Khan : Awesome. So, I'm going to try to dig a little bit more into this so how did this whole like gaming initiative really start. Was it like I mean like where you a huge fan of Atari growing up and then now you get that kind of work with the actual like the creator over like how? like what's really the story behind you getting into the gaming industry?

Shidan Gouran: Yeah. So, I was a huge fan of Atari. Like everybody else my age practically. And you know so it was thrilling to meet Nolan and you know learned that he started a company back then in the blockchain space and blockchain the fight for the gaming industry. And that's an area that I  thought was a perfect fit. It's like a glove for a hand. It's blockchain can really change that industry dramatically because it brings fairness to keeping score. It allows trading of digital assets. And it allows trading of games and whatnot. All these things. A small independent. Publisher can do just as well as the largest publishers. Through these technologies. Right. Right. If a small publisher who you know. Three people working. Let's say 12 hours a day on a game. In their basement. They're not going to have the opportunity to really architect and build an in-game economy. They'll build an in-game wallet system for trading these things and the customer support that comes with it. Just  doing multiplayer game, simple casual multiplayer games is very difficult over the Internet without partnering with a large portal. All these kinds of things can be. Solved through these technologies that make commerce and trading things very easy and allows anybody to create a solution like. A. PayPal let's say. Well in theory there's still I mean  I'm talking about digital assets here  not fiat currency obviously. But to build something infrastructure that that's not robust that not secure and allows trading of these things and keeping track of things. Allowing games to federate with each other so you could have a group of games that decide to federate and use. One In-game currency or one matchmaking service that's not owned by any particular person. But all of them together. All these kinds of things are possible through blockchain technologies. They're different things. But I think I think they're going to be having a dramatic impact on the sector.

Manseeb Khan : Just I mean like just sticking with the whole merchant aspect or just you know just like being able to like buy and sell and trade games and just have like in the indie game creators kind of just all like jump in and just like stand like just federate together and stand behind like a token or coin or what have you. I mean that that that in and of itself is very interesting because now with I mean as a gamer myself I'm sorry.

Shidan Gouran: It's not just standing behind a token it is standing behind one database   right so what it would mean. They can share the same users the same ranking of the users the same token you know the digital assets everything. Right. If it becomes it becomes a social network for them essentially that they can tap into and use. So, it's not just Facebook but they have their own users on the platform that is theirs and the people that are federated with it. So that's  a really big deal right now. Right now, we're not seeing where we're actually seeing decentralized social networking really gain more steam than anywhere else. It's in games that it's not on clones of Facebook or YouTube or anything like that but it's all these publishers were building their solutions on one common block chain infrastructure with one game and there's many of it. Right now, the two contenders are EOS and Ethereum and it looks like EOS is leading the pack. We've we started an initiative there as well and we we're working on it prior to the crash of the markets. We still have great partnerships there and are looking to see how we sit in this ecosystem as it builds up. So, you know this this is an area that that we're extremely interested in. It's very early days. What are you What are you what I can also tell you is for example a lot of small really artistic and talented groups are forming around? Recently I met with somebody from a company called blockade games. They've taken something like crypto kitties and really taken that to videogames on a level that I've only seen a few other startups do. But they are popping up so you can each clothing each item is actually represented as a token. It's all stored on the block chain. It's all accounted for there the wallet is there and they're tradable between people without these people being involved in any way shape or form. So, it is it is really interesting how the space is evolving. Interactive Media! Interactive Media is becoming a lot easier. So, you saw Bandersnatch you saw a bunch of other things come out this year like Resident Evil  who's doing a movie that's you know interactive in the sense of decide how it evolves and everything. These things are being dignified and prizes are going to be a big part of it. So gaming is changing rapidly. You see what's happening with Esports it's becoming more popular than. Traditional sports.

Manseeb Khan : Yes, they're getting very competitive there. They're starting to worry competitive I feel like Olympic a lot like Olympic numbers now like EA Sports is getting massive which is just incredible.

Shidan Gouran: It is it is. And all of this together I mean I mean EA Sports you win prizes. The game there's betting involved all these kinds of things tie into block chains and the digital assets. Economy worlds and gaming. It's going to be a huge driver for her retail I.T. it for this decade. So, 2020 to me is a big year for gaming, I think it's going to be. Personally, I think it's going to be bigger than cannabis actually real. That's what millennial's do. I mean I mean right now the most popular stock. On Robinhood is Aphria Right. So, they smoke pot and they play video games. You talk to a millennial.  That's what they do and that's why this is gonna be so important. Facebook and companies like that  their biggest threat in my opinion the gaming worlds that let you do social networking and do everything. I think we realize that and Just with the way everything is going this new culture that's being built up around them it's a really important space thing that's been good, I think.

Manseeb Khan : Yeah, I agree with you. I think it’s kind of makes sense why Facebook way back when decided to buy Oculus right because they knew VR gaming is going to be the next frontier that they really have to capitalize on. Right. Like you said like 2020. Yeah. Because like now we have like if you get an iPhone you go on the app store like the 8th and if you go into like the little categories AR gaming right. Augmented reality gaming is huge right. This explains the whole like Pokémon Go. It blew up overnight because it's just it's interactive and like this is just going to be the first of many. Right.

Shidan Gouran: Yeah absolutely right.

Manseeb Khan : So I mean like this is just this conversation is actually very interesting because like now with blockchain what it really is  it's starting to create an actual true community for gamers for not only gamers but like for creators for designers for everybody is kind of creating this whole, this union because right now I mean I guess the only way people can kind of like the closest thing like an actual community would be either if you go on twitch and you watch a famous streamer or if you can go on Discord watch your famous or just you know  go on chat. So, I mean yeah how else is blockchain gonna just radically change like gaming scene. Aside from just creating this amazing community?

Shidan Gouran: Well the community the most important thing. So, I don't think it necessarily needs to revolutionize it in any other ways. Do I. Do I think Discord is going to be replaced by a decentralized platform anytime soon? No, I don't. But do I think a platform like Discord will come by that you know relies on ideas and user it's being stored on a block chain but it's still a centralized service that those users have to you know sign up too much in the same way that you sign up too many services using your Facebook ID. But no. You can do that without Facebook. And I think what will be attached to that is also your tokens your holdings your scores certain things which can be put on a block chain but certain things that you're not going to replace all the centralized features of a death squad or YouTube in the next decade probably but you are bit by bit going to have more of it decentralized and solutions are going to come by that that use though. So very interesting is what Mark Zuckerberg has recently been saying about block chain technology because he actually I just discovered this recently agrees with me on this and for somebody like that who's an incumbent to say this is the future and this is what we're looking to do. We're trying to figure this out ourselves. It's a huge deal because he doesn't need to, but you know Facebook does it and doesn't need to compete to compete with blockchain at this point. It is the incumbent in the world that he doesn't need to compete with anybody and yet it seems that this is going to be disruptive and this is the future. He makes it very clear that that he believes decentralized identity is a very important area for Facebook and he believes. Blockchains are a major potential solution here. So, bit by bit you are going to see blockchain become the database of everything and where it's going to start is with identity and you know accounting for things like value transfers and eventually it's going to be everything right. This will be the back end of everything, and everything will be an app on your kind of commons just  like other commons we had in the world like the park or anything right. So, it's but that's I think the promise of block chain and that's how they're evolving. You're not going to get the TV industry adopting it you're going to get small gamers. Yeah and people like. You know were able to see farther in the future like Mark Zuckerberg who says yeah you know what. We're not going to compete with that.

Manseeb Khan : We're gonna join it. Now I agree with you I mean just harping on what you just said like the whole TV industry. You're not going to see them or even the movie industry adopt it anytime soon you to some small renegade you're going to see gaming communities you going to see like other small little pocket ecosystems really fully adopt and  really take advantage of it and then sooner or later like this is probably what 2030, 2035 TV might start considering or even if it's still around.

Shidan Gouran: I absolutely I was very surprised to hear Mark Zuckerberg recent opinions on this space because so many of his initiatives rate his initiatives are really amazing in this space. You know I can see that coming from a telegram game I can see it coming from an indie game developer. But to see a major incumbent say that this is the way we're going. We haven't seen that from Google for example Google is doing nothing in this space because you know common. Sense tells you this is eating their own lunch at the end of the day. It gets rid of platforms right. It doesn't get rid of publishers, but this space can get rid of platforms and you know. At the same time, you are seeing some major game developers and you are seeing as I said parties like from major, I guess the largest platform in the world for social interaction kind of saying yeah, we're exploring the space too it's not just these small companies.

Manseeb Khan : Yeah I mean if anything this kind of gives all this gives a lot of market validation right because like just like not only the work that you're doing in the blockchain gaming space but like just what the other it like the other guests that I had on the show that are doing other aspects that that also involved blockchain like the fact that like you having  Mark Zuckerberg like a we're kind of like saying like hey you know this is something we're looking into this is like Okay thank god this is like a breath of fresh air that like hey you know we're not crazy like we told you this is coming. This is the amazing work that we're doing now. The fact that he has a validation this is only going to like to propel this until another into the stratosphere.

Shidan Gouran: Yeah. I mean I mean just to give you an example of the kinds of people working on applying blockchain to gaming. Right now, you have. Fortnight's founder who is who is developing solutions around the states and very much involved and passionate about it for example. He is developing Tim Sweeney. Developing solutions on the EOS blockchain. And you have people like Again Nol Bushnell either the list can go on and on. It's absolutely amazing. How strongly the gaming industry has embraced these technologies these decentralized technologies. I mean it kind of does make sense because they are the best developers actually somebody who is you know built an A.I. engine or is very good at computer graphics. It's much easier for them to pick up any technology because they're already at the forefront of as far as skill sets. They have been you know even in the 90s they were somebody who understands computer graphics from back then is a very good developer. Blockchains are still not very user friendly. I need somebody who can who can you know dive under the hood and understand how the code works. You can't hire your average web developer and expect them to take a blockchain technology and build solutions for you. Because cookie cutter templates and frameworks haven't really been developed yet. You are yet to actually understand the protocols. You have to actually understand how the technology works and the low-level details become much more important. So that's maybe one reason why people in the gaming world are adopting it more than people. You know your average web site entrepreneur for example because for them it's too difficult. Well for the people in the gaming world they already are so technical It's actually an easier challenge to approach.

Manseeb Khan : Yeah, I mean it's light like you mentioned. It's taking away platforms and it makes sense like gamers or game developers and gaming entrepreneurs are it makes sense that they'd take on blockchain a little bit more openly because they are on the forefront of these kind of technologies right. I mean like sooner or later like just a fortnight example right you're going to see them probably building and not build an A.I. that's going to probably just make the game that much more fun than before interactive and just have like you know, now at Right now you have a creative mode right. Like if I just took over creative mind just having all these cool little missions and adventures and everything, I just like its endless fun. It really is endless an endless adventure.

Shidan Gouran: Already a lot of the AI machine learning and more traditionally AIs and gaming it's the science actually one of the areas that that's always been at the forefront of that. And I think I think as the solutions increase yeah, you're going to see a lot more of that you're going to see a lot more bots. So, I think and independent agents in these games for sure that you don't have today just look at how much chat bots have improved in quality since Siri came out right. It's still not really commercially viable that. But there was a little hype bubble in the chat bot space because people were amazed that these things are so much better. Right. It was just a few years ago you couldn't call into a phone number into an IVR. You know one of these phone menus. And have somebody ask you what you are looking for and be able to directly properly. These are things that the people are kind of not realizing how much they've improved. Right. So, I am very bullish on A.I. and in gaming and I think that's a very interesting area as well.

Manseeb Khan : A little bit more of a tangible example. I mean what this could is more of a hypothetical question right. I mean like I guess how radical of a change would block chain bring to say a game like Fortnight.

Shidan Gouran: Well it'd be incredible, I think. And you know so. One thing is again you would have an independent user base where people from fortnight to play in other places and maybe even characters could grow in other worlds other games maintain their digital identity maintain their assets. Trade their assets very easily fortnight as recently getting into the e-sport space then people mistakenly think that fortnight is not a good platform for E-Sports. But you know it's the early days it takes a while to build technologies and platforms to make sports interesting for the I mean a game like fortnight interesting to the youth sports world. Right. So, betting on a fortnight for example is can be immensely popular because all sorts of rich events you know you're not just winning you're losing how you kill somebody, what you do, what weapon you use, all these kinds of things are all betting events it becomes very rich. And you're seeing solutions where you can focus on a certain number of players and you know again some very creative people coming by with methods, you're just seeing this pop up now where you can follow a fortnight game and it's very entertaining. I myself don't enjoy it. I enjoy watching video games, but I am very bullish on where this is going because I see that a lot of people do and fortnight actually some of these technologies which I can't talk about too much because they're not public yet public knowledge and I'm involved with as an investor you know they're making a game like Fortnight. Really interesting to watch actually. And I think that's going to be what's really interesting when you have E-sports that don't look like traditional sports, but you can do even more with it right. When the web came out everybody was trying to replicate the piece of paper as far as there you know cognitive understanding goes. But it's grown to be a lot more than that. And the same thing is going to happen with these sports. Right now, it's mimicking regular sports and the same way of watching it. But people are going to make it much easier to watch and be entertained by something like fortnight as well. So, it's not just like DOTA for the future it's also games like Fortnight that are going to have a huge viewership I believe.

Manseeb Khan : Yes, I agree. I think it should be interesting of like right now E-Sports is again just to harp on what you said just that it really is trying to mimic regular sports. I think it's going to take off and just form and become its own animal in and of itself. I mean I'm a not a huge fan of really watching gaming videos or anything but like that's like my 10-year-old brother is the first thing he does like I remember when I was his again, I would watch my cartoons. He comes on and he just has like a list of like all these favorite streamers and he's like arcades and watch Ninja first then he's going to watch like Mr .Beast and goes down his list. It's incredible.

Shidan Gouran: This was exactly you talk to your average 10-year-old and this is what they do. This is what they loved doing. Oh yeah. It's all about games. They live in games and in the gaming,  industry is already much larger than the music and video industry put together. Oh yeah. And This is just going to increase. I mean. The whole thing is going to get blurred. Video and gaming are going to get blurred for sure. And that's why interactive video to me is very interesting Sure.

Manseeb Khan : I think like even taking it one step further like you did you did touch on digital identities. I mean sooner or later you're gonna have like the digital like your digital persona and your real persona that's gonna start getting pretty blurred to at some point right. Because you'll be spending too much time and energy creating, I guess like the best example would be like if you had like a second like us you can't get on Second Life persona online Absolutely yeah.

Manseeb Khan : Look I mean so I guess what the audience can. I mean what can fans of Atari what can we really expect from X games like what is what is something that I mean like you mentioned you are investor a lot of companies or you're very heavily invested in the gaming industry. What is something that I like I can  touch back on my comebacks on this episode of kind of like hey Shidan the things that you said like  what's the news? what are the updates?

Shidan Gouran: Yeah. So, look X2 is an amazing company because it has a really wide spectrum of areas that it's working in. It has a blocking division where they're doing stuff with gaming and block chain that consortium, I told you about that that we were involved with for over a year there. They're still partners with everybody there as far as friendships go and whatnot and good things will come out of it eventually. They have an in-game wallet that they can license to so many game producers and whatnot a game some of these small independent operators that need games and very large operators as well because obviously they're a very connected team right in the center of the gaming universe which is Los Angeles. Really that's one aspect of this blockchain aspect but that's not even the major aspect of it. That's one spectrum. The other is that they're coming out with game after game and they're coming out with an area that I'm very excited about the game which is that interactive video area and other interactive content that's not traditional you know DOTA like gaming or Fortnight like gaming it's much more casual so they're coming out with a board game where you have an interactive bot voice narrative that goes with it. You can make decisions and it's also integrated with mobile so it’s the first of its kind. I think Amazon should be very excited about what they're doing, and I see them you know they're there they're always invited to these conferences with Amazon and whatnot because it is an Amazon Alexa based product. I think when that comes out it's going to be a whole new way a whole new type of game a whole new media essentially right? So that's really exciting to me because it's something completely new. It's not something better. It's something completely new and they're coming up with a number of productions like this. And I think that's really where global gaming is going to shine in the future. Personally. Yeah. So, I mean I mean that's I think really for it for especially the retail audience. I think it's important that they realize that this is a very risky space and working with a company that has. A wide spectrum of projects is really to their benefit for startup

Manseeb Khan : Right now, I agree with you I mean the gaming space is very new it's I mean I mean it's not really volatile. But it's very new it's emerging it's up and coming so yeah, I'm excited for this whole Alexa thing that's there should be a I can't I can't wait for that. So Shidan. To wrap this up what with the best way for our fellow gamers to contact you would it be through email, Snapchat. I mean is there Discord chat we can jump in with you, would it be raven?

Shidan Gouran: Yeah. So maybe my Twitter handle is Shidan and you can always follow me there and reach out to me I'm very happy to speak with everybody there you can email me shidan@forkcsc.com  Yeah that's probably the best email that's global block mining technologies which I'm still running myself and I think I think those are the two best methods.

Manseeb Khan : Awesome. Thank you so much for sitting down with me today and I'm super excited for all your incredible projects to really revolutionize and take over the gaming industry.

Shidan Gouran: Yeah likewise. Thanks very much for having me Manseeb I enjoy your podcast in general

Manseeb Khan : Thanks so much.

Outro : you've been listening to fintech Fridays brought to you by NCFA and partners. Tune in weekly for the latest fintech Friday podcast by subscribing to this channel. The National crowdfunding and FinTech Association of Canada is a non-profit actively engaged with social and investment fintech sectors around the globe and provide education research industry stewardship services and networking opportunities to thousands of members and subscribers. For more information please visit and see if a Canada dot org. Oh yea.

 

End of Podcast

 

Subscribe and Listen to more Fintech Fridays podcasts here

Join NCFA's weekly Podcast series 'FINTECH FRIDAY$' where we sit down with the incredible people in the Fintech community and talk about leading fintech products innovations developments and challenges!

Interested in getting involved as a partner or participant? info@ncfacanada.org

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

Nov 12, 2026 Buying a Canadian money services business starts with identifying what the buyer will acquire: a legal entity, a registration history, contracts, records and possibly an active operation. The value of that package depends on whether it supports the services the new owner intends to provide. A FINTRAC registration entry is an important starting point. It does not establish the company’s financial condition, the quality of its compliance programme or the availability of banking relationships after an acquisition. A payment business may also need a separate assessment under the Retail Payment Activities Act, or RPAA. For investors evaluating a Canadian MSB company for sale, due diligence should connect registration status, actual activities, transaction structure and financial evidence before the parties agree a completion timetable. Verify the Canadian MSB registration and legal entity Begin with the target’s exact legal name, incorporation details, registration number and current status. Match the entity in the corporate documents to the entity in FINTRAC’s Money Services Business Registry. FINTRAC explicitly states that registration does not mean it endorses or licenses a business. It also states that it does not issue licences or certificates of registration. A sales presentation using the phrase “FINTRAC licence” should ...
AI illustration of a Canadian MSB acquisition due diligence checklist covering FINTRAC registration, RPAA compliance, ownership, financial review and banking relationships
November 12, 2026 | NCFA Fintech Market Insight | Digital Assets Blockchain And Tokenization, Capital Markets Infrastructure And Funding, Wealthtech Investing And Trading Strategy still runs a software business, but Bitcoin now dominates its assets and capital raising. MSCI no longer treats that balance as an index eligible operating company. November 11, 2026, MSCI confirmed Strategy’s removal from the MSCI USA and MSCI World indexes after the November 30 close under its new methodology for non operating companies. MSCI is one of the world’s largest index providers, and its benchmarks are followed by funds investing across global equity markets. Japan’s Metaplanet is also being removed from an MSCI index. MSCI has decided that Strategy no longer qualifies for its equity indexes because Bitcoin now dominates its assets and much of its capital raising. Strategy still sells software and reports operating revenue, but MSCI is drawing a line between a business that holds investment assets and one where those assets have become the main financial story. Why Is MSCI Removing Strategy From Its Indexes? MSCI first looked at a rule aimed specifically at digital asset treasury companies. It later dropped that proposal and change it's methodology to cover companies whose finances ...
AI illustration of Bitcoin and public company symbols representing Strategy’s removal from MSCI indexes and the financing model behind Bitcoin treasury companies
Nov 12, 2026 Crypto market cap is calculated by multiplying an asset's reference price by its circulating supply. A token priced at $2 with 50 million units circulating has a market cap of $100 million. The calculation estimates the value of that supply at the reference price; it does not total the money investors deposited. To understand a change in the ranking, examine both inputs and the provider's definitions. A larger number can result from price changes, supply changes, or revised reporting. Establish what the two inputs represent The arithmetic is simple, but neither input is self-explanatory. “Price” may be a reference assembled from selected trading pairs and venues, rather than the last transaction on the exchange you use. A provider may exclude observations or convert quote currencies. Two services can publish different estimates because their source selection and methods differ. Circulating supply is an estimate of units treated as available in the market under a provider's rules. It may differ from the number minted, the total recorded by a contract, or the maximum permitted under a protocol's current design. Locked balances, treasury allocations, burns, and scheduled releases require interpretation. A transparent methodology matters because identical arithmetic can still use ...
AI illustration of stacks of coins beside financial charts illustrating how cryptocurrency prices and circulating supply affect crypto market capitalization
November 11, 2026 | NCFA Fintech Market Insight | Artificial Intelligence And Data, Capital Markets Infrastructure And Funding, Risk Compliance And Regtech Financial firms are putting AI agents into production well before giving them broad financial authority. That creates time to set identity, permissions and transaction controls before autonomous execution becomes common. On November 11, 2026, Bank of England Financial Policy Committee external member Jonathan Hall used his final FPC speech to examine what happens when AI agents get more authority inside financial firms. A Bank of England and FCA survey of 196 firms found that 80% already deploy AI agents and another 14% plan to within 12 months. Only 2% reported agents with broad autonomy, and none of those were in trading and payments. Finance is adopting agents quickly, but firms are still keeping people and hard limits around the decisions that can change money, positions or customer outcomes. AI Agents Are In Finance But They Are Not Trading Alone The 2026 Bank of England and FCA survey separates four levels of authority: Decision support lets an agent recommend an action while a person decides and executes it. Constrained execution lets the agent act inside preset rules. Conditional autonomy ...
AI illustration of AI agents connected across a financial trading network, representing shared market behaviour, trading automation and financial stability risk
November 10, 2026 | NCFA Fintech Market Insight | Capital Markets Infrastructure And Funding, Entrepreneurs Startups Small Businesses, Equity Crowdfunding And Alternative Funding A small group of large rounds is carrying Canadian venture totals while deal count and growth stage financing remain well below recent norms. On November 10, 2026, the Canadian Venture Capital and Private Equity Association published its Q3 2026 venture capital report. Canadian companies raised $4.3 billion across 397 deals through September, only 1% less capital than a year earlier. But 23 rounds of $50 million or more represented just 6% of disclosed deals and absorbed 58% of all venture capital invested. Deal count has also fallen every year since 2021. The national total is holding up far better than the number of companies getting financed. Six Big Rounds Carried 59% Of Q3 Venture Capital Q3 produced $1.35 billion across 129 deals. Capital was 1% higher than Q2, but deal count fell 15%. Six rounds above $50 million accounted for $793 million, or 59% of the quarter’s capital. That's a decent quarter for the companies that closed those rounds, but a weak quarter for everyone else. Mega rounds above $50 million totalled $2.5 billion across 23 transactions ...
AI Illustration of large venture capital deals dominating smaller financings, representing concentration in Canada’s VC market
November 11, 2026 | NCFA Story Intelligence | Competition And Market Structure, Wealthtech Investing And Trading, Regulation And Policy Canada is cutting bank fees and switching barriers after years of weak competition, high concentration and poor productivity. On November 7, 2026, the federal government proposed something Canadian investors have complained about for years. Banks would no longer be allowed to charge most investment account transfer fees, which typically cost about $150 per account. Ottawa also wants clearer transfer information and tighter timelines for moving investments to another financial institution. The fee matters because leaving can already be slow and frustrating. Receiving firms often reimburse the outgoing charge to win the account. That means a fee collected by the institution losing the customer can become part of the acquisition cost for the institution trying to win that customer. Canada's six largest banks hold roughly 93% of banking assets. The Competition Bureau was warning about barriers facing fintech competitors in 2017. Ottawa began reviewing open banking in 2018. A federal advisory committee later recommended an operating system by January 2023 and warned that government should not delay. January 2023 came and went. Real Time Rail also slipped years beyond its first expected ...
Digital illustration of Canada bank transfer fee reform showing easier investment account switching, lower fees, open banking, payment infrastructure and stronger financial competition
November 10, 2026 | NCFA Fintech Market Insight | Digital Assets Blockchain And Tokenization, Capital Markets Infrastructure And Funding, Regulation And Policy Funds, Collateral And Settlement Lead Canada’s Near Term Tokenization Opportunity On November 10, 2026, the Canadian Securities Administrators published its Project Tokenization Phase 1 findings, setting out where Canadian market participants see the strongest commercial opportunities for tokenization and what regulators plan to test next. The report draws on 233 organizations, 21 bilateral meetings and 80 survey responses, along with workshops attended by 281 people in Calgary and 491 in Toronto. Participants put investment funds, private assets, collateral, treasury and settlement infrastructure ahead of public stocks as the strongest near term opportunities. The report also cuts through one of tokenization’s biggest sales pitches. Blockchain can change how an asset is recorded, transferred or settled, but it doesn't automatically create liquidity, investor demand, broader eligibility or stronger ownership rights. Those outcomes still depend on the product, market, legal structure and infrastructure around it. The CSA now plans to take specific projects into Phase 2 through a 120 day public call for proposals. Firms may be able to use existing regulatory processes, tailored regulatory treatment or bounded testing in a ...
Digital illustration of tokenized financial assets, blockchain settlement and legal infrastructure, representing Canada's investment funds and collateral markets.
Nov 11, 2026 A positive work environment is key for any team that wants to succeed. Team morale is crucial for productivity, motivation, and job satisfaction. Engaging in activities that lift spirits and strengthen connections can lead to great results. Creating a positive team environment requires creativity, engagement, and some fun. Each activity can strengthen connections, boost motivation, and improve workplace dynamics. When teams focus on strategies to boost morale, they work toward shared success. These activities can lead to lasting memories and help build a stronger team culture. Here are some fun strategies to help improve your team's morale and make the workplace livelier. Fun at the Arcade Visiting an arcade spot is a great way to enjoy time together and build teamwork. Imagine your team facing challenges with various games. Whether it's racing or playing team games, the arcade encourages friendly competition and bonding. These fun experiences can help reduce stress and improve relationships among coworkers. Arcades offer many options to suit diverse interests and skill levels. The lively atmosphere invites everyone to relax and take a break from their daily tasks. Shared laughter and enjoyment can lead to better communication and teamwork when you return to the ...
Digital illustration of team building activities boosting workplace morale with coworkers playing games and laughing in a bright modern office
November 10, 2026 | Market Activity | Fundraising, Investing, Trading, Leadership, Competition, Human Capital, Health A Brokerage Race Beyond $0 Commissions On November 10, 2026, Webull Canada added Nasdaq Basic Canada, giving clients free real time Level 1 quote and trade data across Canadian listed equities. The feed provides best bid, best offer and last sale information for stocks listed on the TSX, TSX Venture, CSE and Cboe Canada. Nasdaq says its consolidated feed can reduce Level 1 market data costs by more than 60% compared with traditional Canadian data packages. Webull isn't first to give Canadian investors free real time information. The more interesting story is how quickly another paid feature is becoming part of the basic brokerage account. Wealthsimple helped normalize $0 trading in 2019, Questrade followed in 2025 and Webull dropped its own commissions in April 2026. With the headline trading fee largely gone, brokers now need other reasons for investors to move money and keep it on the platform. Who Led Canada’s Race To $0 Trading And Free Market Data Wealthsimple Trade launched nationally on March 13, 2019 with $0 commissions on Canadian and U.S. stocks and ETFs. Questrade removed commissions on listed stocks and ETFs ...
AI illustration of Canadian online brokerage competition with racing cars promoting $0 commissions, free real time market data and transfer match bonuses
November 10, 2026 | Market Activity | Artificial Intelligence And Data, Capital Markets Infrastructure And Funding A Toronto Fintech Riskfuel Analytics Brings AI Pricing Into BBVA’s Global Markets Workflow On November 10, 2026, BBVA deployed Riskfuel Analytics' neural pricing technology inside the pre-trade structuring workflow for autocallable products on its ePricer platform. Riskfuel is a Toronto fintech founded in 2019 that builds AI models for derivatives pricing. BBVA is a global bank with a large corporate and investment banking business. The deployment puts Canadian built AI directly into the calculations used to design complex structured products at a major global bank. Riskfuel's model is trained on BBVA's own pricing engine and uses more than 4,000 market and product inputs. The company says the surrogate was tested against more than 100,000 trades and can evaluate thousands of candidate structures in under a minute. BBVA had already added AI generated investment ideas to ePricer in September. Riskfuel goes further into the workflow by speeding up the numerical pricing work while BBVA's own model remains the reference. How Riskfuel Speeds Up BBVA's Autocallable Pricing Autocallables can depend on volatility, interest rates, dividends, maturity, coupon levels and several barrier conditions. Autocallables are structured investments ...
AI illustration of AI powered derivatives pricing shown on a financial trading screen, illustrating Riskfuel technology used in BBVA structured product workflows

 

Leave a Reply

Your email address will not be published. Required fields are marked *