Digital Asset Infrastructure Tetra Digital Group Completes Approximately $10 million Funding
2025-09-08 14:09:07
Tetra Digital Group, a Canadian digital asset infrastructure provider, announced the completion of approximately $10 million in funding from investors including Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Shopify. As part of this investment, Tetra and its partners plan to become the first Financial Institution Group to launch a stablecoin backed by Canadian fiat currencies in early 2026, subject to regulatory approval. The new Tetra stablecoin will leverage Tetra Digital Group's institutional-grade custody infrastructure to provide businesses and consumers with a stable, secure and fully compliant digital currency backed by Canadian dollar reserves at a 1:1 ratio.
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