Balance, a Canada-based digital asset infrastructure provider, has announced its expansion into the United States through the acquisition of Digital Value Transfer Rails, a Wyoming-based, multi-state licensed digital asset custodian and money transmitter. A news release on Thursday reported that the acquisition strengthens Balance’s regulatory and operational footprint across several U.S. states, broadening its ability to serve institutional clients in North America.
Although the acquisition is recent, DVTR has been part of Balance’s affiliate ecosystem since its inception and is now a wholly owned subsidiary. Balance CEO George Bordianu said in a statement that the acquisition enhances the company’s operating capabilities, enabling it to support regulated digital asset activity across most of the United States and unlock access to billions of dollars in institutional digital assets.
Through DVTR’s licensing and infrastructure, Balance will offer expanded services including digital asset and fiat custody, trading and staking. The combined platform will also enable U.S. and Canadian financial institutions to develop and launch products such as escrow and collateral management solutions, stablecoin issuance and digital payments.
