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Tetra and Figment Unite to Introduce Staking Services in Canada

Digital Asset Partnership | Release | Aug 7, 2023

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Tetra Trust Company, a Canadian leader in digital asset custody, has announced a strategic partnership with Figment, a leading staking infrastructure provider.

This partnership marks a significant milestone in the Canadian digital asset landscape and sets the stage for a transformative future. Here are the key details:

  • Strategic Partnership
    • The collaboration between Tetra and Figment aims to democratize staking services for institutional clients in Canada.
    • Tetra, established in 2019, has made significant strides as Canada's only trust company licensed to custody digital assets.
    • Figment, renowned for its pioneering staking infrastructure, serves over 250 institutional clients worldwide.

Hear Didier Lavallée, CEO at Tetra speak at FFCON23: Strategies for Canadian Fintech Companies Amidst Regulatory Crackdowns

  • Expansion
    • With this partnership, Tetra will expand its product suite to include staking services, reaffirming its commitment to growth in the dynamic digital asset landscape. By combining Tetra's renowned custody offering with Figment's leading blockchain infrastructure solution, the two companies plan to transform staking services in Canada, delivering unmatched value to institutional clients.
    • The partnership unlocks unparalleled opportunities for institutional clients to earn rewards on their digital assets. Tetra's keys are securely located in Canada, and Figment's validators operate within the country, ensuring a strong foundation of trust and compliance within the Canadian regulatory framework.

Didier Lavallée:

This partnership strengthens Tetra's position as the preferred choice for digital asset custody in Canada, proving our dedication to excellence and innovation in our field of expertise.


NCFA Jan 2018 resize - Tetra and Figment Unite to Introduce Staking Services in CanadaThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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