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.
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.
CPA Jerome Dwight is one of many financial executives watching the crypto regulatory process unfold and betting big on Canada’s future as a cryptocurrency leader.
As an alternative asset class, bitcoin – and cryptocurrencies in general – help democratize the market by breaking the monopoly of legacy institutions over payment systems.
Canadian investors curious about trading stock tokens – digital versions of stocks that are based on blockchain technology – must have a high appetite for risk in the current climate of regulatory uncertainty, caution some crypto industry experts.
The company was certified by the Alberta government to become the country’s first regulated custodian for crypto assets.
A small Calgary-based fintech startup has been granted regulatory approval by the Alberta government to provide custody services of cryptocurrency for institutional investors, effectively making it the first regulated custodian based in Canada that will store digital assets.