Company
Toronto-headquartered Canadian bank and financial services group.
FINOS says its bank-funded OSERA alliance now ships patched builds of more than 50 older open-source project lines that member banks still run. The signed, tested builds go only to paying members, while anyone can read the patched source.
Reality
US-built cars fell to 28.4% of Canadian new-vehicle sales in the first half of 2026 from 35.4% a year earlier, JD Power Canada data show. Japanese and Korean builders took more than half of that lost share, and the US levy on Canadian cars and parts is expected to reach 50% in January.
Reality
Canada's regulator said on September 10 that a tokenized deposit is still just a deposit, and twelve days later all six of the country's largest banks said they would build a shared Canadian-dollar rail together.
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5 publishersReality
A tokenized deposit is legally the same deposit in a different wrapper, so what the six banks are buying is round-the-clock movement and programmable instructions. Five of them also own US banks with about $805 billion in assets.
Reality
Kaiko's $110m was more than three-fifths of everything disclosed in crypto venture funding in the week to September 18. It came from the index provider whose crypto products already carry Kaiko's reference rates.
Reality
Blackstone, Khosla and Sequoia backed a $200M round pricing Factory at $5B, five months after a $150M round at $1.5B, and the volume figure the company put behind it is a count of developers, not dollars.
Reality
The index house behind the S&P 500 led the investment that took Kaiko to $110 million in total funding. Subtract the three earlier rounds and the new money is about $28 million, going into a partner whose product had already shipped.
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The Globe and Mail reports talks to raise $2 billion to $3 billion at a valuation nearly triple last September's $7 billion, with Ottawa and Berlin in the conversation and most of the money expected to come from private investors.
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