Tetra Digital Group Secures $10 Million to Launch Canadian Dollar Stablecoin

Tetra Digital Group, the developer of Canadian dollar stablecoins, has secured a significant $10 million funding round. This investment, which includes participation from well-known fintech companies such as Shopify, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank, and Urbana Corporation, will support the launch of their stablecoin in early 2026, pending regulatory approvals. The token will be issued through Tetra Trust, a subsidiary of Tetra Digital Group that is regulated to offer digital asset custody services. The stablecoin will have a 1:1 backing ratio, using Canadian dollar reserves held exclusively within Canada.