Balance Makes Key Additions to Its Leadership

Balance, Canada’s oldest and largest digital asset custodian, is happy to announce the addition of three new key members to its leadership, further solidifying its reputation as a top custodian of digital assets in both Canada and the US.

The following individuals have now joined Balance’s executive team:

• Colin Pyle (Chief Operating Officer) brings over 20 years of experience in finance, strategy, and operations, with a strong track record of driving growth in startups, scale-ups, and established corporations. He has cultivated a global network through professional and academic experience spanning three continents. Most recently, he served as EVP of Strategy and Corporate Development at RFA Capital Holdings, overseeing strategic initiatives for RFA Bank of Canada and its subsidiaries, which managed over $65 billion in assets. Notably, Colin played a key role in the acquisition and integration of Street Capital Bank of Canada (now RFA Bank of Canada), subsequently leading Capital Markets, Treasury, and Digital Assets & Venture.

• Ryan Aballe (Chief Compliance and Risk Officer) brings 10+ years of experience as a prudential regulator most recently at Alberta’s Treasury Board and Finance (ATBF), where as a Senior Manager part of the Financial Institutions Regulation team established the framework for registering digital asset custodians as special purpose trusts. Ryan holds an MBA in Accounting from University of San Jose-Recoletos and is a Chartered Professional Accountant (CPA), Certified Anti-Money Laundering Specialist (CAMLS), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and holds a Certification in Risk Management Assurance (CRMA).

In addition we’re extremely excited to announce the addition of Koleya Karringten as an independent director to the board of Balance Trust Company, Balance’s wholly-owned subsidiary and qualified US and Canadian custodian. Koleya is the founding member and executive director of the Canadian Blockchain Consortium, the leading non-profit blockchain association in the country with close to 100 members. She is a third time founder, the founder and CEO of Blockchain Insurance, an insurance captive dedicated to serving the digital asset industry, and a powerhouse networker and connector, maintaining deep ties with international blockchain associations such as the Texas Blockchain Council.

“As the old saying goes, in your 20s it’s all about the destination, in your 30s about the journey, to then realize in your 40s it was all along about the company you kept. I’m glad to have made that realization earlier and grateful for the confidence Ryan, Colin, and Koleya showed in our team by choosing to join. I have no doubt together we will do our best work yet and continue providing our clients the world-class experience they’re used to.” said George Bordianu, co-founder and CEO of Balance.

Balance connects its clients to top-tier providers such as Attestant, BlockFills, Coinbase, and DARMA through its digital asset rails, enabling them to stake, lend, and liquidate billions of dollars’ worth of assets directly from the comfort of Balance Trust Company, its qualified custodian. To learn more, visit www.balance.ca.

Disclaimer

"Balance" refers to services offered through Paradiso Ventures Inc. and its affiliates. This is not an offer or solicitation of any investment contract or financial security and should not be misconstrued as such. Digital assets and the blockchain are early technologies and, as such, have an associated high degree of risk. Balance does not provide financial, investment, tax, legal, or any other type of professional advice. For informational purposes only.

Paradiso Ventures Inc. is a private company incorporated under the Canada Business Corporations Act, R.S.C., 1985, c. C-44 with its registered office address at 888 3rd St SW, Bankers Hall West Tower, 10th floor (Attn: Balance), Calgary, Alberta, T2P 5C5, Canada. Paradiso Ventures Inc. is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money services business dealing in virtual currencies with registration number M20210422 and with the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) as a money services business (MSB) with registration number 31000282368430.

Balance Trust Company Ltd. is a subsidiary of Paradiso Ventures Inc. incorporated as a special purpose trust company under the Loan and Trust Corporations Act (Alberta) with the same registered office address as its parent company. Balance Trust Company Ltd. is a FINTRAC-reporting financial entity and also registered with FinCEN a MSB with registration number 31000282368326.

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