Ottawa, Ontario – (Newsfile Corp. – February 7, 2022) – Brane Inc. (“Brane”), a leading independent cryptocurrency custody solutions provider, has ranked 5th on the 2022 Canadian Business New Innovators List. Presented by Canadian Business and the Brookfield Institute for Innovation + Entrepreneurship (BII+E), the New Innovators List celebrates 50 trailblazing companies that are challenging the status quo and redefining what it means to be truly innovative—with great products and services, progressive leadership, and forward-thinking social and environmental initiatives.
“At Brane, we believe that blockchain and digital assets like cryptocurrencies, coupled with social responsibility, will transform the world for the better,” said Adam Miron, Brane’s Executive Chair and Interim CEO. “Our vision is to secure the world’s transition to blockchain by building trust in digital assets. It’s a lofty goal that our team is poised to reach, and our commitment to security, assurance, and trust means that everyone can benefit from the transformational opportunities of blockchain with confidence.”
Unveiled at canadianbusiness.com on February 7, and in the Winter 2022 issue of Canadian Business magazine, the inaugural list recognizes an overall Top 10 New Innovators – with Brane in fifth place – plus an additional 40 companies that excel in environment, innovation, people, and impact intentionality.
“This recognition from Canadian Business is an acknowledgement not only that Brane’s solutions and approach are innovative, but also of our focus on diversity, equity, inclusion, and on the health and wellness of our team. Our mission and approach have allowed us to attract some of the very best professionals from across financial institutions, government, law enforcement, and the technology sector. Our edge is our ability to innovate, and our superpower is our people,” added Mr. Miron.
Beyond its people, Brane is also focused on advancing the environmental sustainability of the blockchain sector. In July 2021, the Ottawa-founded company became the world’s first cryptocurrency custody company to sign on to the Crypto Climate Accord — a private sector-led initiative inspired by the Paris Climate Agreement, focused on reducing the environmental footprint of the cryptocurrency sector by reducing greenhouse gas emissions. In addition to committing to net-zero emissions from electricity by 2030, Brane collaborates with over 100 Accord signatories and supporters to advance the environmental sustainability of cryptocurrency and blockchain. Brane is also certified carbon neutral by Carbonzero.
In October 2021, the Alberta government approved incorporation of Brane Trust Company Ltd., a wholly owned subsidiary of Brane Inc. that will provide regulated custody of digital assets for institutional clients. Brane Trust is now working with regulators to obtain a certificate of registration to open for business in Calgary.
Founded in 2017, Brane Inc. is a carbon neutral, independent Canadian cryptocurrency custody service provider, helping institutional clients unlock the opportunities of blockchain and digital assets. Brane Vault, its core digital asset custody technology, is third-party certified to stringent global standards including ISO 27001, ISO 27017, and NIST CSF Tier 4, and insured against theft and crime.
This press release contains forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities legislation, which reflect Brane’s current expectations regarding future events, including statements relating to: the ability of Brane to become carbon neutral, the ability of Brane and other market participants to reduce greenhouse gas emissions. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of words or phrases such as “create”, “continue to”, “expand”, “accelerate”, “enhancing”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” occur. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Brane’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof and Brane does not undertake any obligation to update such forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.