- Tetra Trust has launched as Canada’s first qualified crypto asset custodian with financing from a consortium of notable investors
- Tetra received its Certificate of Registration from the Government of Alberta on July 5, 2021
- The company is equipped to store Bitcoin, Ether and a variety of other digital assets and tokenized securities
- Recent financing rounds included Coinsquare, Coinbase Ventures, the Canadian Securities Exchange, Mogo and Urbana Corporation
- Tetra Trust Company is a regulated crypto custodian focused on cryptocurrency key management to mitigate the risk of theft and loss
Tetra Trust has launched as Canada’s first qualified crypto-asset custodian with financing from a consortium of notable investors.
Tetra received its Certificate of Registration from the Government of Alberta on July 5, 2021, qualifying it to act as a custodian under National Instrument 31-103 (Registration Requirements, Exemptions and Ongoing Registrant Obligations) and National Instrument 81-102 (Investment Funds).
The company is equipped to accommodate Bitcoin, Ether and a variety of other digital assets and tokenized securities.
Recent financing rounds included Coinsquare, Coinbase Ventures, the Canadian Securities Exchange, Mogo, Urbana Corporation and Caldwell Growth Opportunities Fund, among others.
Eric Richmond, CEO of Tetra Trust Company, commented,
“We’re thrilled to launch Tetra Trust as Canada’s first qualified custodian for cryptocurrency assets and bring a Canadian-based solution to the market. Canada has become a hot spot for cryptocurrency-related public companies, ETFs and trading platforms and there is a pressing need for a regulated custody provider in Canada.”
Jenna Kaye, CEO of Odyssey Trust Company and Board Chair of Tetra Trust, added,
“Over the past six months, we have seen a monumental shift in the popularity of digital assets. When we think about the future, we know it is digital and we understand the importance of regulation in increasing capital markets’ confidence in this space. What’s so unique about Tetra is the idea of a consortium leading the way on this initiative and prioritizing a custody solution that’s made for the Canadian market.”
Tetra Trust Company is a regulated crypto custodian focused on cryptocurrency key management to mitigate the risk of theft and loss.