Canadian dollar stablecoin developer Tetra Digital Group completed approximately US$10 million in financing, with Shopify and others participating in the investment
Source: BlockBeats
Time: 2025-09-08 22:29:08
According to BlockBeats, on September 8, according to Coindesk, Canadian dollar stablecoin developer Tetra Digital Group completed a financing of about $10 million. This round of financing was invested by Shopify, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Urbana Corporation. The company plans to launch the stablecoin in early 2026 after receiving regulatory approval. The token will be issued through the regulated digital asset custody subsidiary Tetra Trust and will be backed by a 1:1 ratio with Canadian dollar reserves held in Canada, the press release said.