Odyssey Trust Company

What Odyssey Trust Company does

Odyssey Trust Company, founded in 2016 and headquartered in Calgary, Alberta, is a private, independent trust company and transfer agent serving more than 1,300 corporate clients across North America. Its core offerings are Transfer Agent Services (maintaining shareholder records, processing share transfers, dividend payments, and broker connectivity for public companies), Corporate Trust Services (debt trustee, escrow agent, warrant agent, collateral trustee, and subscription receipt agent roles), Corporate Actions Services (exchange, paying, and depositary agent roles for M&A, stock splits, rights offerings, and tender offers), and SPAC Services covering the full SPAC lifecycle from formation through de-SPAC. The company serves public companies on NYSE, Nasdaq, and TSX, pre-IPO private companies, SPACs, TSX Venture mining issuers, and an emerging base of crypto and digital asset treasury clients. Notable mandates include transfer agent work for Trump Media & Technology Group (NASDAQ: DJT), BitGo (NYSE: BTGO), zSpace (NASDAQ: ZPSC), ETHZilla (NASDAQ: ETHZ), Wheaton Precious Metals, and TRX Gold Corporation, plus SPAC trust mandates for Hennessy Capital, Rice Acquisition, and Ocean Capital Acquisition.

Odyssey's technology stack is a digital-first transfer agent platform rather than a legacy paper-based system. It includes API integrations with Carta for automated cap table migration during IPOs and M&A transactions, a SOC2-compliant M&A paying agent portal with same-day onboarding and digital KYC, virtual medallion signature guarantees via video appointment, real-time batch shareholder reporting, emailed DRS statements, and online client portals for shareholders, issuers, and proxy voting. Cross-border DTC eligibility processing for new US listings is supported through a network of US market maker partners. The platform is paired with a BetaNXT partnership that delivers fully-managed digital shareholder meetings (virtual and hybrid) with real-time voting.

The business model combines recurring subscription-style revenue (ongoing per-issuer transfer agent and corporate trust administration fees, annual press release packages, and registered plan administration) with transaction-based revenue (corporate actions, M&A paying agent fees, virtual medallion guarantees at $200 per transaction, and SPAC lifecycle service touchpoints). Odyssey distributes primarily through direct enterprise sales to CFOs and corporate secretaries, augmented by an exclusive channel partnership with Carta that delivers qualified referrals from Carta's 50,000+ private company base as they approach IPO or M&A stages, and by a co-agent network in London, Hong Kong, and Australia for international coverage. The company operates from offices in Toronto, Calgary, and Vancouver in Canada and New York, St. Paul, and Denver in the US, and has been named one of Canada's Top Growing Companies by Report on Business for four consecutive years on the strength of 48% three-year revenue growth.

Name

Odyssey Trust Company

Legal name

Odyssey Trust Company

Website

https://odysseytrust.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Odyssey Trust Company is a private Canadian transfer agent and corporate trust company serving 1,300+ public companies, pre-IPO issuers, SPACs, and digital-asset clients across North America with digital-first shareholder services, a Carta-integrated cap table pipeline, and cross-border US/Canada operations.

Ownership category

akta.pro rank

Product category

Transfer Agent & Trust Services

NAICS

Trusts, Estates, and Agency Accounts (52592), Trusts, Estates, and Agency Accounts (525920), Other Financial Vehicles (525990)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate & Institutional Trust Services (FSAAANAB)

akta.pro secondary industries

Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Transfer agent services
• Corporate trust services
• Shareholder record management
• Corporate actions administration
• Securities registration services

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Transfer Agent Services: Ongoing fees for maintaining shareholder records, processing share transfers, issuing securities, and providing shareholder support for public companies. Revenue is recurring in nature as companies pay continuously for these services.
2. Corporate Trust Services: Services including debt trustee, escrow agent, warrant agent, collateral trustee, and subscription receipt agent roles for corporate transactions. Generates both setup fees and ongoing administration fees.
3. Corporate Actions Services: Exchange agent, paying agent, depositary, and distribution services for mergers, stock splits, rights offerings, and tender offers. Transaction-based fees for specific corporate events.
4. Virtual Medallion Guarantees: $200 per transaction for signatures under USD$1.5M, plus $150 for legal document review. One-time fees per transaction.
5. Press Release Services: Annual packages for press release dissemination across North American and global markets. Packages include set quantities of releases per year with unlimited word count.
6. SPAC Services: Transfer agent, warrant agent, escrow agent, and trust services throughout SPAC lifecycle from formation through de-SPAC. Revenue generated across multiple service touchpoints during the 18-24 month SPAC lifecycle.
7. M&A Paying Agent Services: End-to-end shareholder payment processing for M&A transactions, including digital onboarding, KYC verification, and payment distribution. Partnership with Carta generates transaction fees for M&A deals.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Odyssey Trust Company is a North American transfer agent and trust company that maintains official shareholder records, processes share transfers, manages dividends, and provides corporate trust and corporate actions services for public companies, pre-IPO private companies, and SPACs. It also offers ancillary services including virtual medallion guarantees, virtual shareholder meetings, press release dissemination, and registered plan administration, with API-integrated workflows through a Carta partnership.

Product overview

Odyssey Trust Company is a full-service transfer agent and trust company offering a comprehensive suite of shareholder services across North America. The core offering centers on Transfer Agent Services for maintaining shareholder records and processing securities transactions, complemented by Corporate Trust Services (debt trustee, escrow, warrant agent), Corporate Actions Services (M&A, stock splits, rights offerings), and SPAC Services. Additional modules include Virtual Medallion Guarantees, Virtual Meetings (via BetaNXT partnership), Cross-Border Services for dual US/Canadian listings, Registered Plans administration, Corporate Services (press releases, whistleblower), and Notice and Access proxy services. The company has established API integration with Carta for automated data migration during IPOs and M&A transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Transfer Agent Services

Quantifiable outcome

• Up to two weeks of administrative time saved per M&A transaction through digital paying agent platform
• +3 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core and minor.

• CartacoreStrategic or Co-development Partner · 12 June 2025Exclusive partnership making Odyssey Carta's transfer agent for IPO-bound companies and exclusive paying agent for Carta M&A transaction clients. Odyssey manages the operational complexity of shareholder services and payments so companies and their advisors can focus on deals. API integration enables automated cap table migration and M&A shareholder payment processing.
• Crypto.comminorStrategic or Co-development PartnerTrump Media partnered with Crypto.com for digital token distribution initiative. Odyssey served as transfer agent for the distribution of one digital token per whole share held.
• BetaNXTcoreTechnology or IntegrationBetaNXT provides technical guidance for Odyssey's Fully-Managed MIC Digital Shareholder Meetings (DSM), enabling seamless virtual and hybrid meeting experiences with real-time voting and shareholder engagement tools.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Donnelley Financial Solutions (DFIN): Capital markets services provider offering transfer agent, compliance, and communications solutions (including the Mediant virtual meeting platform) that competes with Odyssey across capital markets workflow, virtual shareholder meetings, and regulatory communications.
• Computershare: Largest global transfer agent and corporate trust services provider, operating across the US, Canada, UK, Australia, and other markets. Directly competes with Odyssey across transfer agent, corporate trust, and employee equity plan services for public companies and large issuers, with substantially greater scale and broker connectivity.

Others

• BetaNXT: Capital markets technology provider and Odyssey's integration partner for fully-managed virtual and hybrid shareholder meetings. Not a direct competitor, but a closely adjacent technology ecosystem participant that supports Odyssey's virtual meetings product offering.

Direct peers

• Issuer Direct: US transfer agent, disclosure management, and shareholder communication provider for small- and mid-cap public companies. Competes with Odyssey in transfer agent services, press release dissemination, and annual meeting/proxy services for similar issuer segments.
• VStock Transfer: US transfer agent serving small-cap and micro-cap public companies; recently lost Ionetix Corporation to Odyssey. Directly competes for US-listed transfer agent and corporate actions work among growth-oriented and emerging public issuers.
• Equiniti: US and UK transfer agent and share registration services provider following its acquisition of American Stock Transfer & Trust. Directly competes with Odyssey for US-listed transfer agent mandates, corporate actions, and employee share plan administration.
• Pacific Stock Transfer: US transfer agent focused on small- and mid-cap public companies, providing shareholder recordkeeping and corporate actions services. Competes with Odyssey for US-listed transfer agent mandates in similar issuer segments.
• American Stock Transfer & Trust (now Equiniti): Historic US transfer agent now operating under Equiniti; serves US public companies with transfer agent, corporate actions, and employee plan services. Overlaps with Odyssey on transfer agent mandates for US-listed and dual-listed issuers.
• Continental Stock Transfer & Trust: US-based transfer agent and corporate trust services provider with significant SPAC and small-cap public company focus. Directly competes for SPAC transfer agent, warrant agent, and escrow mandates—directly overlapping with Odyssey's SPAC services practice.
• TMX Group (TSX Trust): Canadian capital markets infrastructure operator that owns TSX Trust, the incumbent Canadian transfer agent that recently lost Wheaton Precious Metals to Odyssey. Directly competes in Canadian transfer agent and corporate trust services for TSX- and TSX Venture-listed issuers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/odyssey-trust-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Odyssey Trust Company