Calgary’s Tetra Digital Trust has formally launched the country’s first officially issued, dollar-backed stablecoin. As of this week, CADD is now live on Base, Ethereum, and Tempo, with Solana forthcoming. The stablecoin is backed by a consortium of leading Canadian financial institutions and technology companies including Wealthsimple, Shopify, Urbana Corporation, Purpose Unlimited, Shakepay, ATB Financial, […]
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Fintech Tetra Reveals Bold Plan to Launch a Canadian Dollar Stablecoin as Soon as 2026
Tetra Digital Group has raised $10 million in investment capital as the financial technology innovator aims to launch the first stablecoin backed by Canadian fiat next year. Tetra, parent company of Calgary’s Tetra Trust as well as Tetra Unity, secured the $10M from an array of investors, including Toronto’s Wealthsimple, Purpose Unlimited, Montreal’s Shakepay, Edmonton’s […]
Calgary’s Tetra the First Canadian Crypto Custodian to Guard Assets for Wealthsimple
Wealthsimple has tapped Tetra Trust to act as one of the financial technology firm’s custodians for its digital assets. This marks the first time that Toronto’s Wealthsimple has added a Canadian custodian to its roster, according to Calgary’s Tetra. Wealthsimple launched crypto on its all-in-one retail investment platform in 2020. Today, the fintech supports nearly […]
Tetra Trust Partners with Figment to Bring Staking Services to Canada
Calgary’s Tetra Trust, a leading Canadian provider of crypto custody, has partnered with Figment, a global expert in staking solutions, to provide digital asset staking services to institutional clients in Canada. Digital asset staking is the process of locking up and holding cryptocurrencies in a wallet to support the operations of a blockchain network and earn rewards in return. […]
Tetra Trust Launches New API to Provide Customers with Enhanced Custody Solution for their Digital Assets
The digital assets landscape has been challenging to all industry players over the past year with the FTX collapse in late 2022 being a trigger point. That said, the Calgary-based crypto custodian Tetra Trust still made the list of Calgary.tech’s top homegrown startups to watch in 2023. In fact, the company has managed the handle […]
Tetra Brings Trusted Canadian Custody Solution To Growing Digital Asset Wealth Management Firm
Tetra Trust has partnered with Vancouver’s MeetAmi to offer a turnkey solution to Canada’s wealth management market, offering the ability to invest in Digital Assets and hold the asset base with a qualified Canadian custodian. The new collaboration with MeetAmi delivers Canada’s only regulated and compliant Digital Asset wealth management and Canadian qualified custody solution. Tetra Trust has […]
Calgary’s Tetra Trust Announced as Custody Partner for Coinsquare’s Crypto Trading Platform
Calgary’s Tetra Trust announced today that they have partnered with Coinsquare to provide their 500,000+ users with safe and secure custody services for their crypto assets. CCML, a wholly owned subsidiary of Coinsquare, was recently approved by IIROC for dealer registration and IIROC membership, making them the first crypto-only, IIROC registered investment dealer in Canada. Coinsquare’s qualification for IIROC membership included the […]
Canadian Crypto Custodian Tetra Trust Partners with Coinbase to Provide Secure Custody Model to 3iQ’s ETFs
Calgary’s Tetra Trust has struck a partnership with Toronto’s 3iQ Digital Asset Management (3iQ) and Coinbase aimed at expanding the exchange-traded product (ETP) ecosystem for digital assets in Canada and generating new interest from the investment community. Tetra Trust is the first and only trust company licensed to custody digital assets in Canada. 3iQ is […]
Q+A with Tetra Trust’s CEO on being Canada’s First Qualified Custodian for Digital Assets
Didier Lavallée is an accomplished financial services executive with experience in the capital markets and custody sectors with companies such as RBC, UBS and Genuity Capital Markets. Earlier this year he left the traditional banking world behind for a role as the CEO of Tetra Trust. Didier was drawn to the emerging crypto market and world of DeFi […]
How Alberta Aims to Attract Investment and Partnerships at Blockchain Summit in Texas
A provincial minister is heading to the United States of America to promote new partnerships and investments for Alberta’s growing tech sector, the government announced this week. Nate Glubish is in Texas, where the Minister of Technology and Innovation is a featured speaker at the North American Blockchain Summit. Hosted by the Texas Blockchain Council […]