Express

Coinbase-Backed Tetra Trust Becomes Canada's First Regulated Cryptocurrency Custodian

Mary Liu

Summary: Tetra Trust Company announced that it obtained a registration certificate issued by the Alberta Provincial Government on July 5, 2021, becoming Canada's first qualified and regulated cryptocurrency asset custodian. The company also announced the end of multiple rounds of financing. Participants include Coinbase Ventures, Canadian Securities Exchange (CSE), Coinsquare, digital payment and financial technology companies Mogo, ...

Tetra Trust Company announced that it obtained a registration certificate issued by the Alberta Provincial Government on July 5, 2021, becoming Canada's first qualified and regulated cryptocurrency asset custodian.

The company also announced the end of multiple rounds of financing. Participants include Coinbase Ventures, Canadian Securities Exchange (CSE), Coinsquare, digital payment and financial technology companies Mogo, Urbana Corporation, Caldwell Growth Opportunities Fund, etc.

Prior to the launch of Tetra, the Canadian cryptocurrency custody market was limited to U.S. companies and some unregulated domestic custodians.

BY Mary Liu

Last Update:

Tags: ,,,,
Link: Coinbase-Backed Tetra Trust Becomes Canada's First Regulated Cryptocurrency Custodian   [Copy]
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 9 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 11 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 12 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 13 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 16 days ago
  • You need to login to comment.