Toronto-based digital asset trading firm Satstreet Inc. said on Thursday that it had earned Ontario Securities Commission approval to register as a restricted dealer, incorporated Satstreet USA Inc., completed FinCEN registration, and surpassed C$4 billion in lifetime trading volume.
The OSC’s crypto businesses page, updated July 8, now lists Satstreet as an authorized crypto asset trading platform across Ontario, Alberta, British Columbia, Manitoba, Québec, and Saskatchewan. The underlying decision is dated July 6.
Satstreet said the U.S. incorporation and FinCEN registration are intended to back its longer-term plans in the United States, while noting that additional federal and state licensing requirements still apply. The company also said it has finished three straight years of independent third-party financial audits.
“Our focus has always been on responsible growth, strong controls, reliable banking relationships, and delivering a high-touch trading experience for clients seeking access to Bitcoin and digital assets,” said Jonathan Lister, President and Co-Founder of Satstreet.
The approval caps a longer registration process. An OSC decision in October 2025 had rejected Satstreet’s earlier application for exempt market dealer status, with the director citing concerns about compliance with its 2023 pre-registration undertaking.
