Canada gets first qualified custodian for cryptocurrency assets

Tetra Trust launches and closes financing from consortium of investors CALGARY, AB–The financial institution Tetra Trust received its Certificate of Registration on July 5, 2021, making it the first Canadian regulated custodian for cryptocurrency assets. Tetra Trust also completed multiple financing rounds led by a group of strategic investors which …

CryptocurrenciesIndustry NewsMergers & Acquisitions

Ultra Stellar Acquires StellarX

TALLINN, ESTONIA–Ultra Stellar LLC has acquired another Stellar project, the StellarX marketplace, from Coinsquare. StellarX is one of the most popular decentralized exchanges on the Stellar network. The totally free, peer-to-peer trading platform allows for the trading of all kinds of digital assets, including bitcoin and multiple fiat stable coins. …

CryptocurrenciesMarket Research

Study unveils Canada’s 32 publicly traded companies with cryptoasset holdings; estimates combined crypto holdings at more than CAD$100M

Despite lack of standardized guidance for cryptoasset holdings, the majority of the Canadian public companies applied a principles-based approach TORONTO, Dec. 12, 2019 /CNW/ – With the rapid proliferation of the cryptoasset market, there is still significant ambiguity in professional financial communities regarding this new asset class. Today, Chartered Business …

BlockchainCryptocurrenciesPaymentsPayments Business May-June 2019

Is Blockchain Moving to the Mainstream?

By Monica Eaton-Cardone The J.P. Morgan Chase blockchain-based Interbank Information Network (IIN)’s launch of the JPM Coin digital currency has sparked renewed international interest in both cryptocurrency and blockchain. The company recently announced that 220 banks have signed on to IIN, a major development that will impact payments and other …