Macropod
Macropod (Catena Digital Pty Ltd) is a Sydney-based fintech that issues AUDM, Australia's first ASIC-licensed AUD-backed stablecoin, serving crypto exchanges, financial institutions, and fintechs via multi-chain deployment and institutional custody partnerships.
- Company typePrivate
- Founded2024
- HeadquartersSydney, Australia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Macropod does
Macropod (legally Catena Digital Pty Ltd, under parent Catena Digital Holdings Pty Ltd) is a Sydney-based fintech founded in 2024 that issues AUDM, Australia's first licensed Australian-dollar-backed stablecoin. The company holds Australian Financial Services Licence (AFSL 566313) from ASIC and is registered as a digital currency exchange with AUSTRAC (DCE100887005-001). AUDM is issued 1:1 against Australian dollar reserves held in trust at regulated banks (ADIs), with full reserve backing, no algorithmic components, and independent quarterly reconciliation. The token is deployed across Ethereum, Solana, Redbelly Network, and Base, enabling real-time on-chain settlement, 1:1 AUD redemption with same-day processing via NPP, OFAC sanctions screening, and publicly verifiable reserve data.
Macropod distributes AUDM through a multi-channel strategy: direct minting and redemption via its web platform (app.macropod.com) for onboarded clients; retail and trading access via listings on OKX Australia, BTC Markets, SwyftX, and Independent Reserve; and institutional-grade infrastructure through Zodia Custody and Fireblocks. Revenue is generated primarily through minting and redemption transaction fees on the platform and enterprise API access for institutional clients (banks, crypto exchanges, PSPs, fintechs) operating in treasury management, payments, and tokenized asset settlement. The company has also participated in the Reserve Bank of Australia and DFCRC's Project Acacia, settling Australia's first tokenized corporate bond using AUDM.
The founding team is composed of former National Australia Bank and Deutsche Bank executives, including CEO Drew Bradford (ex-NAB trading and derivatives lead), CTO Robert Waugh (led NAB's institutional stablecoin capability), and COO/General Counsel Delia Burrage. Betashares (managing over $75B in AUM) has invested twice, leading the most recent March 2026 round that valued the company at approximately $50 million, with participation from Galaxy Digital, Flowdesk, DACM, and Primal Capital.
Macropod firmographics
Firmographics- Name
- Macropod
- Legal name
- Catena Digital Pty Ltd
- Website
- https://www.macropod.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Macropod (Catena Digital Pty Ltd) is a Sydney-based fintech that issues AUDM, Australia's first ASIC-licensed AUD-backed stablecoin, serving crypto exchanges, financial institutions, and fintechs via multi-chain deployment and institutional custody partnerships.
- Ownership category
- akta.pro rank
Macropod industry classification
Industry- Product category
- Stablecoin Payments Infrastructure
- NAICS
- Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Stablecoin Issuers (Fiat-Backed) (FSADADAA)
- akta.pro secondary industries
- Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Compliance, Attestations, Proof-of-Reserves & Reporting (Stablecoins) (FSADADAI)
Keywords
Where Macropod is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Macropod business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- AUDM Minting and Redemption: Macropod earns revenue through minting (issuing) and redemption fees when users convert between Australian dollars and AUDM tokens. The spread between the fixed 1:1 peg and any market pricing differences on exchanges also contributes to revenue.
- Platform Services: Revenue generated from providing the Macropod Platform for institutional clients, including API access for minting, redemption, and settlement services for treasury management and tokenized asset applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Retail and wholesale clients can mint AUDM directly from Macropod at 1:1 AUD peg |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Macropod product offering
Product offeringCore offering
Macropod issues AUDM, Australia's first licensed Australian dollar-backed stablecoin, fully reserved 1:1 against AUD held in trust at regulated banks and deployable across Ethereum, Solana, Redbelly, and Base networks. The company operates the Macropod Platform, a web application enabling KYC-onboarded clients to mint, redeem, custody, and transact AUDM, with API access for institutional treasury, payments, and tokenized asset settlement. Its offering targets regulated financial institutions, crypto exchanges, payment service providers, fintechs, and government entities needing programmable, 24/7 on-chain AUD settlement.
Product overview
Macropod operates as a dual-component platform offering: (1) AUDM, Australia's first licensed Australian dollar-backed stablecoin issued under an AFSL, providing 1:1 reserve backing and multi-chain deployment across Ethereum, Solana, Redbelly, and Base networks; and (2) the Macropod Platform, a web application enabling clients to mint, redeem, and manage AUDM tokens with KYC onboarding, wallet whitelisting, and settlement configuration. The company also participates in Project Acacia with the RBA and DFCRC for wholesale tokenised settlement research.
Differentiator
Problem solved
Functional benefit
Brands
- AUDM: Australia's first licensed AUD-backed stablecoin issued by Macropod. AUDM is a crypto-token designed for payments on blockchain networks, pegged 1:1 to the Australian dollar with full reserve backing.
Products and services
- AUDM Stablecoin Australia's first licensed Australian dollar-backed stablecoin, issued 1:1 against AUD reserves held in trust at regulated Australian banks. AUDM enables real-time on-chain payments, settlement, and digital value transfer across multiple blockchain networks (Ethereum, Solana, Redbelly, Base) and is structured for 1:1 redemption with same-day AUD settlement.
- Macropod Platform Web-based application platform enabling KYC-onboarded wholesale and retail clients to mint, redeem, custody, and transact AUDM tokens. Provides wallet management, settlement configuration, and transaction processing, with developer APIs for institutional integration.
Quantifiable outcome
- 99.5% user satisfaction rate
- +1 more outcomes
Companies that use Macropod
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Macropod technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
Macropod partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Base (Coinbase L2)coreMacropod brought AUDM to Base, unlocking compliant Australian dollar settlement for the on-chain economy. Developers and financial applications can access AUD stablecoin liquidity on one of the world's fastest-growing blockchain networks.
- Reserve Bank of Australia / DFCRCcoreMacropod participated in Project Acacia, using AUDM to settle live institutional-grade tokenized instruments including Australia's first tokenized corporate bond, in the RBA and DFCRC's research initiative on digital money in wholesale tokenized asset markets.
- OKXcoreAUDM is now live on OKX Australia, expanding access to the regulated Australian-dollar stablecoin for trading, payments, and real-time global settlement on a leading global exchange.
- BTC MarketscoreAUDM listed on BTC Markets, enabling secure, regulated 1:1 AUD-backed trading and on-chain settlement for Australian crypto users.
- SwyftXcoreAUDM listed on SwyftX, expanding access to Australia's first licensed AUD-backed stablecoin for trading, payments, and digital settlement.
- FireblockscoreMacropod leverages Fireblocks to deliver institutional-grade infrastructure for AUDM stablecoin issuance and settlement. Fireblocks provides the secure, compliant infrastructure layer enabling institutional clients to access AUDM.
- Stablecoin StandardminorMacropod joined Stablecoin Standard to help shape global standards for regulated stablecoins and drive real-world adoption of AUDM. Partnership focuses on industry advocacy and standards development.
- Zodia CustodycoreZodia Custody became the first global custodian to support AUDM, enabling institutional clients to access the stablecoin within Zodia's secure storage infrastructure. This partnership supports the development of Australia's digital asset ecosystem and aligns with Reserve Bank of Australia initiatives.
- JellyCminorCo-produces the 'Unblocking the Chain' podcast with Macropod, exploring the intersection of traditional finance and digital assets. Podcast features industry veterans and provides thought leadership content.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Macropod competitors and assessment
Company assessmentOthers
- Fireblocks: Institutional digital-asset custody and settlement platform already powering AUDM issuance and treasury operations. Fireblocks is an enabling infrastructure peer — competitive overlap is limited, but the relationship is core to Macropod's enterprise GTM.
- Zodia Custody: Institutional digital-asset custodian (Standard Chartered-backed) that became the first global custodian to support AUDM. Comparable as a regulated custody peer and key distribution channel for institutional AUDM holdings.
Direct peers
- Stables: Issuer of an AUD-backed stablecoin targeting Australian consumers and merchants with a card-based spending product. Stables is a direct AUD-denominated competitor to Macropod, pursuing a more retail-focused go-to-market.
- Circle: Issuer of USDC, a regulated, fully reserved fiat-backed stablecoin with public reporting. Circle is the closest direct peer to Macropod in business model (fiat-backed stablecoin with regulatory licences and transparency), differing only by currency (USD vs AUD) and scale.
- Paxos: Issuer of regulated stablecoins including PYUSD and PAX Gold, operating under NYDFS and other financial-services licences. Paxos is directly comparable to Macropod as a regulated stablecoin issuer offering reserve attestations and enterprise issuance infrastructure.
- TrueAUD (TrueUSD/TrustToken): Issuer of TrueAUD, an AUD-backed stablecoin from the TrueUSD ecosystem. It directly competes with AUDM in the AUD-pegged stablecoin category, although with a different compliance and exchange-distribution posture.
Emerging players
- Anchorage Digital: Federally chartered crypto bank offering custody, settlement, and issuance infrastructure for institutional digital assets, including stablecoin support. Comparable to Macropod on the regulated-infrastructure dimension and a potential partner/competitor for institutional AUDM custody.
- Wyre: Crypto payments and stablecoin settlement infrastructure provider serving fintechs and exchanges. Wyre is comparable to Macropod's payment-rail ambitions for AUD-denominated crypto on/off-ramps and merchant settlement.
Regional players
- StraitsX: Issuer of SGD-pegged stablecoins (XSGD, XUSD) under MAS regulation in Singapore. StraitsX is a comparable APAC regulated fiat-stablecoin issuer, providing a regional benchmark for Macropod's playbook in Australian wholesale tokenised settlement.
Broad incumbents
- Tether: Issuer of USDT, the largest fiat-backed stablecoin globally. Tether is a broad incumbent in the same fiat-backed stablecoin category as Macropod's AUDM, with a much larger market footprint but a less regulated reserve and disclosure profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Macropod social profiles
Digital presenceMacropod compliance and trust
Trust signalCompliance2 records
Macropod financial estimates
Financial estimateRevenue estimate
Valuation estimate
Macropod leadership team
Management profileNumber of profiles
Profiles12 records
Macropod funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Macropod M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Macropod
What does Macropod do?
Macropod issues AUDM, Australia's first licensed Australian dollar-backed stablecoin, fully reserved 1:1 against AUD held in trust at regulated banks and deployable across Ethereum, Solana, Redbelly, and Base networks. The company operates the Macropod Platform, a web application enabling KYC-onboarded clients to mint, redeem, custody, and transact AUDM, with API access for institutional treasury, payments, and tokenized asset settlement. Its offering targets regulated financial institutions, crypto exchanges, payment service providers, fintechs, and government entities needing programmable, 24/7 on-chain AUD settlement.
Is Macropod a public or private company?
Macropod is a private company. It is classified as venture growth investor backed and is currently operating.
When was Macropod founded?
Macropod was founded in 2024. It employs 1 to 10 people.
Where is Macropod based?
Macropod is headquartered in Sydney, Australia, in the Oceania region.
How does Macropod make money?
Two revenue lines are on record. AUDM Minting and Redemption is the primary driver. The others are platform Services.
Who are Macropod's main competitors?
Others on record are Fireblocks and Zodia Custody. Direct peers are Stables, Circle, Paxos and TrueAUD (TrueUSD/TrustToken). Emerging players are Anchorage Digital and Wyre. StraitsX is listed as a regional player. Tether is listed as a broad incumbent.
Does Macropod have an API?
Yes. Macropod exposes a public API. Developer documentation is at www.macropod.com/developers.
What industry is Macropod in?
Macropod's product category is Stablecoin Payments Infrastructure. Its primary akta.pro industry code is FSADADAA, Stablecoin Issuers (Fiat-Backed), with a secondary code of FSAPAEAB, Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption). Its NAICS code is 52321 and its SIC code is 6200.