Bicameral Ventures invests in cryptoassets custodian Balance

Bicameral Ventures has made an undisclosed investment in Balance, a Toronto-based financial technology startup focused on custody solutions for digital assets. The deal, the proceeds of which will be used to accelerate Balance's growth, entitles Bicameral to a board seat. Founded two years ago by CEO George Bordianu and COO Baha Nurlybayev, Balance develops solutions for securely buying, holding and trading a basket of cryptoassets. The company was part of the 2019 class of Techstars Toronto Accelerator. Based in Toronto, Bicameral invests in early-stage projects leveraging blockchain and virtualized technologies.