Digital asset infrastructure provider Tetra Digital Group completed a $10 million financing, with Urbana Corporation and others participating in it
Source: ChainCatcher
Time: 2025-09-08 22:09:14
According to ChainCatcher, according to businesswire, digital asset infrastructure provider Tetra Digital Group announced that it has completed a $10 million financing, with Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Shopify participating.
The new fund plans to support its launch of a Canadian fiat-backed stablecoin. It is reported that 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, and is backed by the Canadian dollar reserve in a 1-to-1 ratio.