- CEO
- Khurram R. Qureshi
- Sector
- Technology
- Industry
- Software - Application
- Address
- First Canadian Place Toronto ON Canada M5X 1C7
- IPO Date
- Apr 9, 2021
- Business
- Solvbl Solutions Inc. operates as a cybersecurity and data authentication company focused on blockchain-powered solutions that address critical data integrity challenges. The company offers Q by SoLVBL, a proprietary technology platform for immutable data authentication using advanced cryptography; QSeals by SoLVBL, a scalable data verification solution; Q-Server by SoLVBL, a secure, high-speed, low-latency cloud-based server for generating QSeals; and digital evidence management systems targeting verticals such as chain of custody for digital evidence including next-generation 911 (NG911), financial sector data, medical applications, and critical Internet of Things (IoT) infrastructures. Founded in 2017 and headquartered in Toronto, Ontario, Canada, the company pursues markets in North America and Europe through its operations and strategic initiatives. In October 2022, Solvbl completed the acquisition of Darkhorse Films Limited, a UK-based digital entertainment and film production company, for up to $10.15 million structured with cash and share payments contingent on financing milestones including $10 million in aggregate raises within 24 months; this deal expanded its digital product suite, integrated Q technology into content production and distribution, and doubled its technology team while enhancing global presence in e-commerce and media sectors; subsequent leadership changes positioned Darkhorse executives in key roles to drive synergies. The company, which trades under ticker SOLV on the Canadian Securities Exchange (delisted June 2024) and SOLBF on OTCQB (upgraded recently), wholly owns subsidiary 1191212 BC Ltd. and previously undertook private placements including a $3 million upsized financing.