Tetra Digital Group, a digital asset infrastructure provider, completes approximately $10 million in funding
Source: PANews
Time: 2025-09-08 22:08:11
PANews reported on September 8 that according to Businesswire, Canadian digital asset infrastructure provider Tetra Digital Group announced that it has completed a financing of about $10 million, with investors including Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Shopify. As part of the investment, Tetra and its partners plan to become the first financial institution to launch a Canadian fiat-backed stablecoin in early 2026 after obtaining regulatory approval. The new Tetra stablecoin will leverage Tetra Digital Group’s institutional-level custodial infrastructure to provide businesses and consumers with a stable, secure and fully compliant digital currency, powered by the Canadian dollar reserve in a 1:1 ratio.