Latest news with #DidierLavallée
Yahoo
23-05-2025
- Business
- Yahoo
Urbana Corporation Congratulates Tetra Trust Company on Being Selected by Wealthsimple to Provide Digital Asset Custody Services
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana" or the 'Corporation') (TSX and CSE: URB, URB.A) congratulates Tetra Trust Company ('Tetra') on being selected by Wealthsimple to provide digital asset custody services. Under this partnership, Tetra will act as one of Wealthsimple's custodians for digital assets, marking the first time Wealthsimple has added a Canadian custodian to its roster. Wealthsimple will utilize Tetra Unity, Tetra's institutional-grade platform, to streamline digital asset custody, execution, settlement, compliance, and risk management. This partnership is subject to approval by the Canadian Investment Regulatory Organization. 'Wealthsimple has consistently led innovation in Canadian financial services, and this partnership represents a significant milestone for both companies,' said Didier Lavallée, CEO of Tetra. 'By combining Wealthsimple's trusted consumer platform with our institutional-grade custody solutions, we're creating a more secure and accessible digital asset ecosystem for Canadians.' This strategic collaboration marks an exciting chapter in Canada's digital asset landscape — secure, compliant and homegrown solutions built by Canadian companies, for Canadian investors. Urbana currently owns 24,510,434 common shares, representing 55.6% of the Tetra common shares outstanding. About Urbana Urbana Corporation is a diversified corporation with a focus on financial services, information services and innovative technologies. The long-term goal of Urbana is to seek and acquire investments for income and capital appreciation through a combination of public and private investments. The portfolio mix of actively managed publicly traded securities with private equity investments has generated significant long-term investment results. For more information, visit About Tetra Founded in 2019, Tetra is Canada's first trust company licensed to custody digital assets. Backed by major players in the industry such as Urbana Corporation, the Canadian Securities Exchange, Icebook and Coinbase Ventures, Tetra delivers the most advanced digital asset storage technology, setting the standard for digital asset custody in the country. For more information, visit For further information contact: Elizabeth Naumovski Investor Relations (416) 595-9106 enaumovski@ Certain statements in this news release constitute 'forward-looking' statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking in to access your portfolio
Hamilton Spectator
23-05-2025
- Business
- Hamilton Spectator
Urbana Corporation Congratulates Tetra Trust Company on Being Selected by Wealthsimple to Provide Digital Asset Custody Services
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — Urbana Corporation ('Urbana' or the 'Corporation') (TSX and CSE: URB, URB.A) congratulates Tetra Trust Company ('Tetra') on being selected by Wealthsimple to provide digital asset custody services. Under this partnership, Tetra will act as one of Wealthsimple's custodians for digital assets, marking the first time Wealthsimple has added a Canadian custodian to its roster. Wealthsimple will utilize Tetra Unity, Tetra's institutional-grade platform, to streamline digital asset custody, execution, settlement, compliance, and risk management. This partnership is subject to approval by the Canadian Investment Regulatory Organization. 'Wealthsimple has consistently led innovation in Canadian financial services, and this partnership represents a significant milestone for both companies,' said Didier Lavallée, CEO of Tetra. 'By combining Wealthsimple's trusted consumer platform with our institutional-grade custody solutions, we're creating a more secure and accessible digital asset ecosystem for Canadians.' This strategic collaboration marks an exciting chapter in Canada's digital asset landscape — secure, compliant and homegrown solutions built by Canadian companies, for Canadian investors. Urbana currently owns 24,510,434 common shares, representing 55.6% of the Tetra common shares outstanding. About Urbana Urbana Corporation is a diversified corporation with a focus on financial services, information services and innovative technologies. The long-term goal of Urbana is to seek and acquire investments for income and capital appreciation through a combination of public and private investments. The portfolio mix of actively managed publicly traded securities with private equity investments has generated significant long-term investment results. For more information, visit . About Tetra Founded in 2019, Tetra is Canada's first trust company licensed to custody digital assets. Backed by major players in the industry such as Urbana Corporation, the Canadian Securities Exchange, Icebook and Coinbase Ventures, Tetra delivers the most advanced digital asset storage technology, setting the standard for digital asset custody in the country. For more information, visit . For further information contact: Elizabeth Naumovski Investor Relations (416) 595-9106 enaumovski@ Certain statements in this news release constitute 'forward-looking' statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking statements.
Yahoo
23-05-2025
- Business
- Yahoo
Urbana Corporation Congratulates Tetra Trust Company on Being Selected by Wealthsimple to Provide Digital Asset Custody Services
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana" or the 'Corporation') (TSX and CSE: URB, URB.A) congratulates Tetra Trust Company ('Tetra') on being selected by Wealthsimple to provide digital asset custody services. Under this partnership, Tetra will act as one of Wealthsimple's custodians for digital assets, marking the first time Wealthsimple has added a Canadian custodian to its roster. Wealthsimple will utilize Tetra Unity, Tetra's institutional-grade platform, to streamline digital asset custody, execution, settlement, compliance, and risk management. This partnership is subject to approval by the Canadian Investment Regulatory Organization. 'Wealthsimple has consistently led innovation in Canadian financial services, and this partnership represents a significant milestone for both companies,' said Didier Lavallée, CEO of Tetra. 'By combining Wealthsimple's trusted consumer platform with our institutional-grade custody solutions, we're creating a more secure and accessible digital asset ecosystem for Canadians.' This strategic collaboration marks an exciting chapter in Canada's digital asset landscape — secure, compliant and homegrown solutions built by Canadian companies, for Canadian investors. Urbana currently owns 24,510,434 common shares, representing 55.6% of the Tetra common shares outstanding. About Urbana Urbana Corporation is a diversified corporation with a focus on financial services, information services and innovative technologies. The long-term goal of Urbana is to seek and acquire investments for income and capital appreciation through a combination of public and private investments. The portfolio mix of actively managed publicly traded securities with private equity investments has generated significant long-term investment results. For more information, visit About Tetra Founded in 2019, Tetra is Canada's first trust company licensed to custody digital assets. Backed by major players in the industry such as Urbana Corporation, the Canadian Securities Exchange, Icebook and Coinbase Ventures, Tetra delivers the most advanced digital asset storage technology, setting the standard for digital asset custody in the country. For more information, visit For further information contact: Elizabeth Naumovski Investor Relations (416) 595-9106 enaumovski@ Certain statements in this news release constitute 'forward-looking' statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Urbana to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Unless required by applicable securities law, Urbana does not assume any obligation to update these forward-looking in to access your portfolio
Business Wire
21-05-2025
- Business
- Business Wire
Tetra Trust Chosen by Wealthsimple to Custody Digital Assets
TORONTO--(BUSINESS WIRE)-- Tetra Trust, Canada's first regulated digital asset custodian, today announced it has been selected by Wealthsimple, the country's first regulated crypto trading platform, to provide digital asset custody services. 'Tetra Trust has a solid track record, and is committed to keeping assets in Canada — all of which make them ideal to custody and protect our clients' assets as we continue to expand our offering.' said Blair Wiley, CLO at Wealthsimple. Share Tetra Trust will act as one of Wealthsimple's custodians for digital assets, marking the first time Wealthsimple has added a Canadian custodian to its roster. Wealthsimple will utilize Tetra Unity, Tetra Trust's institutional-grade orchestration platform, to streamline digital asset custody, execution, settlement, compliance, and risk management. 'As digital assets grow into a more established part of the financial system, it's become increasingly important for us to diversify our custody partners by adding a trusted, regulated Canadian custodian,' said Blair Wiley, Chief Legal Officer at Wealthsimple. 'Tetra Trust has a solid track record, takes regulation seriously, and is committed to keeping assets in Canada — all of which make them ideal to custody and protect our clients' assets as we continue to expand our offering.' This partnership, which is subject to approval by the Canadian Investment Regulatory Organization, brings together two of Canada's digital asset pioneers. Wealthsimple launched its crypto offering in 2020 and today supports more than 90 cryptocurrencies, giving retail investors a trusted space to buy, sell, swap and stake cryptocurrency. Tetra Trust, Canada's first regulated custodian, gives platforms like Wealthsimple the ability to securely store digital assets on home soil - strengthening the foundation of a trusted, made-in-Canada crypto ecosystem. "Wealthsimple has consistently led innovation in Canadian financial services, and this partnership represents a significant milestone for both companies," said Didier Lavallée, CEO of Tetra Trust. "By combining Wealthsimple's trusted consumer platform with our institutional-grade custody solutions, we're creating a more secure and accessible digital asset ecosystem for Canadians." This strategic collaboration marks an exciting chapter in Canada's digital asset landscape — secure, compliant and homegrown solutions built by Canadian companies, for Canadian investors. Key Benefits of Tetra Enhanced Security: Digital assets are held in segregated custody accounts in cold storage with institutional-grade protections Regulatory Compliance: Partnership with a qualified custodian meets the highest regulatory standards Streamlined Operations: Unified workflow management across the full digital asset lifecycle Canadian Centricity: Assets are held in Canada, under Canadian regulatory oversight For more information, visit About Tetra Trust Founded in 2019, Tetra Trust is Canada's first trust company licensed to custody digital assets. Tetra received its Certificate of Registration from the Government of Alberta in 2021. Tetra also operates Unity, the world's first composable digital asset orchestration platform. The Company is backed by Urbana Corporation, the Canadian Securities Exchange, Icebook and Coinbase Ventures. Led by a first-class team of security and business experts and a Board of Directors with extensive financial infrastructure and technology experience, Tetra delivers the most modular digital asset capabilities in the industry. To learn more, visit About Wealthsimple Wealthsimple is one of Canada's fastest growing and most trusted financial services platforms. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves 3 million Canadians and holds over $70 billion in assets. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada. To learn more, visit
Business Wire
13-05-2025
- Business
- Business Wire
Tetra Trust Launches Tetra Unity, Unlocking Composable Digital Asset Infrastructure for Institutions
TORONTO--(BUSINESS WIRE)--Tetra Trust today announced the launch of Tetra Unity, an institutional-grade orchestration platform that helps financial institutions, payment providers, asset managers, and corporates seamlessly integrate best-in-class digital asset services across custody, execution, settlement, compliance, and risk management. 'Unity gives clients the freedom to work with the partners they trust, across every part of the digital asset value chain, while managing everything through one unified, secure interface.' Didier Lavallée, CEO of Tetra Trust. With Unity, institutions no longer have to choose between restrictive all-in-one platforms or costly, manual and custom integrations. Unity's composable architecture empowers clients to build their own ideal digital asset infrastructure, combining speed, flexibility, and enterprise-grade security, while staying fully compliant and ready to adapt to evolving regulations and technologies. ' Institutions deserve better than one-size-fits-all platforms or a patchwork of custom workarounds,' said Didier Lavallée, CEO of Tetra Trust. ' Unity gives clients the freedom to work with the partners they trust, across every part of the digital asset value chain, while managing everything through one unified, secure interface. ' Key Benefits of Unity: Open Integration → API-first design connects seamlessly to any qualified digital asset service provider Choice of Partners → Institutions bring their preferred custody, staking, lending, and on/off ramp providers Market Expansion → Multi-jurisdiction support enables faster global scaling Streamlined Operations → Unified workflow management across the full digital asset lifecycle Interoperability → Enable secure data and asset movement across previously siloed systems Built-in Compliance → Embedded controls and audit capabilities meet regulatory standards Enterprise Security → Institutional-grade protections across all connected services Faster Go-to-Market → Launch digital asset operations quickly without sacrificing quality or compliance Institutional Grade Reporting → All activity is monitored and reported in a single user interface, built specifically for institutions. Tetra's Unity solution is already integrated with top-tier providers including: Cold Storage & Wallet Providers: Ledger Enterprise, Coinbase, Fireblocks, and Anchorage Digital Staking: Kiln, Figment, Twinstake, Sol Strategies Data Monitoring: Elliptic, Chainalysis Clients can also plug in their own preferred partners, creating a fully tailored architecture that supports their business needs and geographic expansion. Leading financial service providers are adopting the platform to accelerate their digital asset strategies. 'Unity tackles one of the most pressing institutional challenges — fragmentation. By offering a unified orchestration layer, Tetra Trust makes it easier for institutions to integrate digital assets into mainstream financial operations without losing flexibility, security, or control,' said Michael Tanguma, CEO of Onramp. The launch comes at a pivotal moment as institutional adoption of digital assets continues to rise; with a recent survey by EY Parthenon showing 86% of surveyed institutional investors report current or planned allocations to digital assets in 2025. For more information or to request a demo, visit or contact sales@ About Tetra Trust Founded in 2019, Tetra Trust is a leading provider of institutional digital asset custody and infrastructure solutions. With a mission to deliver secure, compliant, and scalable services, Tetra Trust helps financial institutions confidently navigate the evolving digital asset landscape. About Onramp Bitcoin Onramp offers best-in-class financial products and solutions to onboard HNWI, family offices, and institutions to bitcoin the right way. With a focus on reducing counterparty risk through multi-institution custody and providing a straightforward way for clients to hold real bitcoin, Onramp's innovative platform and commitment to security and client service make it the go-to choice for investors looking to secure an allocation to bitcoin.
