Tetra Digital Group

What Tetra Digital Group does

Tetra Digital Group is a Calgary-based, privately held Canadian digital finance company that operates a regulated stablecoin and digital asset custody ecosystem through three core entities: Tetra Trust Company (a regulated Canadian trust company registered under the Loan and Trust Corporations Act of Alberta and qualified under NI 31-103 and NI 81-102), CAD Digital Inc. (agent for stablecoin issuance, distribution, and redemption), and Tetra Unity (an orchestration platform connecting custodians, risk systems, and data networks). The company's flagship product is CADD, Canada's first CAD-backed stablecoin issued by a regulated financial institution, which is backed 1:1 by Canadian dollars held in a dedicated CADD Reserve Trust and live on Ethereum, Base, and Tempo networks with Solana support pending. CADD enables 24/7 cross-border settlement and real-time corporate treasury transfers without correspondent banking delays, with interoperability targets spanning Brazil's Pix, India's UPI, Singapore's PayNow, and Europe's SEPA Instant.

The company monetizes through redemption administrative fees (the greater of C$50 or 0.25% of gross redemption proceeds retained as Trust Income), trust income earned on reserves invested in Canadian Liquid Assets, custody subscription fees via the Tetra Trust Client Portal, and distributor/partner referral economics under Institutional Partner Agreements. Distribution occurs through a consortium model anchored by leading Canadian financial institutions — including National Bank of Canada, Wealthsimple, ATB Financial, Shopify, Shakepay, Purpose Unlimited, and majority-backer Urbana Corporation (~47% ownership, majority stake in Tetra Trust as of April 2025) — alongside direct Issuer-Registered onboarding for qualified end users and peer-to-peer transactions on supported blockchains. Transparency is enforced through daily reserve ratio disclosures and monthly independent attestations by Baker Tilly.

Tetra Digital Group closed a $10 million funding round in September 2025 and an additional ~$8.6 million in April 2026, for cumulative funding of approximately $18.6 million. The firm operates with 11–50 employees and is headquartered in Calgary, Alberta. Its customer base consists of financial institutions, fintechs, and corporate treasuries seeking regulated Canadian-dollar-denominated digital asset infrastructure; the company has not disclosed revenue figures, and the product only launched in May 2026.

Name

Tetra Digital Group

Legal name

Tetra Digital Group

Website

https://tetradg.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Tetra Digital Group is a Calgary-based Canadian digital finance company that operates a regulated stablecoin ecosystem — anchored by CADD (Canada's first CAD-backed stablecoin issued by a regulated financial institution), Tetra Trust custody, and the Tetra Unity orchestration platform — serving banks, fintechs, and corporate treasuries.

Ownership category

akta.pro rank

Product category

Regulated Stablecoin and Digital Asset Custody

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF)

akta.pro secondary industries

On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)

Keywords

• Regulated digital custody
• CAD-backed stablecoin
• Digital asset custody
• Stablecoin infrastructure
• Canadian dollar payments

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Stablecoin Issuance & Redemption Fees: CADD is issued at CAD $1.00 per token and redeemed at CAD $1.00 less a Redemption Administrative Fee (greater of C$50.00 or 0.25% of Gross Redemption Proceeds). Redemption Administrative Fees are retained by the Trust and form part of Trust Income. The Trustee receives a fee equal to 10% of Net Trust Income quarterly.
2. Trust Income from Canadian Liquid Assets: The CADD Reserve (Trust Capital) is invested in Canadian Liquid Assets, generating trust income. 100% of Net Trust Income is payable to the Beneficiary (CAD Digital Inc.) no less than quarterly, after deducting the Trustee Fee (10% of Net Trust Income) and permitted expenses.
3. Client Portal / Custody Platform Fees: Tetra Trust Company provides a Client Portal for digital asset custody management, with fees specified during registration and charged automatically according to the client's selected payment schedule, payable in Canadian dollars. Late payment interest accrues at 12% per annum after 30 days.
4. Institutional Partner & Distributor Arrangements: CADD is distributed via Institutional Partner Agreements and Distribution Agreements with authorized Distributors. Financial incentives, rewards, or compensation may be offered to Distributors based on Trust Income for promoting or listing CADD, creating a referral/channel revenue mechanism.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Tetra Digital Group operates a regulated digital finance ecosystem comprising three core entities: Tetra Trust Company (a regulated Canadian trust company providing institutional-grade digital asset custody under the Loan and Trust Corporations Act of Alberta), Tetra Unity (an orchestration platform connecting custodians, risk systems, and data networks), and CADD (Canada's first 1:1 CAD-backed stablecoin issued by a regulated financial institution). Together they deliver 24/7 cross-border settlement and real-time corporate treasury transfers without correspondent banking delays, distributed via authorized Distributors and an Institutional Partner consortium.

Product overview

Tetra Digital Group provides a unified digital finance ecosystem comprising three core entities: Tetra Trust (regulated Canadian custody for digital assets), Tetra Unity (platform connecting custodians, risk systems, and data networks), and CADD (Canada's first CAD-backed stablecoin issued by a financial institution). Together they deliver regulated, on-chain digital finance infrastructure enabling 24/7 cross-border settlement and real-time corporate treasury management without correspondent banking delays.

Differentiator

Problem solved

Functional benefit

Brands

• CADD: Canada's digital standard - a compliant, on-chain payment rail backed 1:1 by Canadian dollars, designed for secure, efficient, and transparent transactions.

Products and services

• CADD Stablecoin Compliant on-chain payment rail backed 1:1 by Canadian dollars, redeemable at CAD $1.00 per token, designed for institutional cross-border settlement and corporate treasury transfers. Live on Ethereum, Base, and Tempo networks.
• Tetra Trust (Digital Asset Custody) Fully regulated Canadian custody for digital assets, offering institutional-grade reliability and protection. Registered as a Canadian trust company under the Loan and Trust Corporations Act (Alberta), qualified to custody registered entities under NI 31-103 and NI 81-102. Includes a Client Portal for account management and custody.
• Tetra Unity (Digital Asset Management Platform) A cohesive platform connecting custodians, risk systems, and data networks to deliver automated oversight and scalability for digital asset management.

Quantifiable outcome

• Remittance fees reduced by up to two-thirds using stablecoin rails vs. traditional correspondent banking
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Baker Tilly (formerly BT WM LLP)coreTechnology or IntegrationBaker Tilly (formerly BT WM LLP as referenced in the Trust Indenture) is the Independent Audit Firm engaged by the Issuer to prepare monthly CADD Reserve Attestations and annual audited financial statements of the Trust. This is a critical third-party audit relationship ensuring reserve transparency and regulatory compliance.
• CAD Digital Inc. (Agent Subsidiary)coreOthersCAD Digital Inc. is a wholly-owned subsidiary of Tetra Digital Group acting as agent for Tetra Trust Company to arrange for the issuance, distribution, and redemption of CADD. It is the settlor of the CADD Reserve Trust and Class A Beneficiary, playing a central role in the stablecoin's operational ecosystem.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Circle: Issuer of USDC, the leading US-regulated, fully reserved fiat-backed stablecoin with multi-chain deployment and monthly attestations. Directly comparable to Tetra as a regulated, fiat-backed stablecoin issuer with institutional focus.
• Stasis: Issuer of EURS, a regulated euro-backed stablecoin with independent custody and regular attestations. Analogous to Tetra as a regulated, non-USD fiat-backed stablecoin from a European issuer.
• Ripple (RLUSD): Issued by Ripple, RLUSD is a regulated USD stablecoin targeted at enterprise and cross-border payments. Highly comparable to CADD given its enterprise-focused, cross-border use cases and regulated issuer profile.
• Paxos: New York-regulated trust company issuing multiple regulated stablecoins (USDP, PayPal's PYUSD) with monthly attestations and multi-chain support. Closely analogous to Tetra's regulated-issuer stablecoin model.
• Tether: Issuer of USDT, the largest fiat-backed stablecoin by market cap with broad multi-chain deployment. A direct comparable as a global fiat-backed stablecoin, though with a different regulatory posture.

Broad incumbents

• Anchorage Digital: Federally chartered crypto bank in the US providing regulated custody and stablecoin infrastructure. Comparable to Tetra Trust as a regulated institutional digital asset custodian operating under banking supervision.
• BitGo: Major regulated digital asset custodian and stablecoin infrastructure provider (formerly issuer of USDS). Comparable to Tetra Trust as a regulated institutional custody provider for digital assets.
• Coinbase Custody: Regulated institutional digital asset custody arm of Coinbase, offering cold storage and qualified custody. Comparable to Tetra Trust's regulated Canadian custody offering.

Emerging players

• Mountain Protocol: Issuer of USDM, a regulated US-dollar yield-bearing stablecoin with attestations. Comparable to CADD as an emerging, compliance-forward fiat-backed stablecoin with similar transparency and reserve-management practices.

Regional players

• WonderFi: Canadian-regulated crypto trading platform operating under Canadian securities frameworks. Comparable to Tetra as a Canadian-regulated digital asset infrastructure company focused on the Canadian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds1 record

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 Tetra Digital Group