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3iQ, Coinbase Custody and Tetra Trust Complete Custodianship Transition

3iQ, Coinbase Custody and Tetra Trust Complete Custodianship Transition Canada ...

articleOrion Digital Corp.November 22, 20225/company/orion-digital-corp/news/3iq-coinbase-custody-and-tetra-trust-complete-custodianship-transition-4
3iQ, Coinbase Custody and Tetra Trust Complete Custodianship Transition

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[{"type":"text","content":"\n \n \n \n 3iQ, Coinbase Custody and Tetra Trust Complete Custodianship Transition\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Coinbase and Tetra now serve as custodians for the full range of 3iQ's digital asset offerings\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 22, 2022\n \n \n /CNW/ -- 3iQ Digital Asset Management (3iQ) together with Coinbase and Tetra Trust Company (\"Tetra Trust\" or \"Tetra\") are pleased to announce they have finalized the custodian transition for 3iQ's exchange-traded products (ETPs). In September,\n \n the industry leaders had announced their joining of forces\n \n to advance the digital asset ETP space in\n \n Canada\n \n .\n \n \n \n \n \n \n \n \n \n All 3iQ ETP digital assets are held in segregated custody accounts, in cold storage by Coinbase Custody Trust Company, LLC, with oversight by Tetra Trust. The 3iQ ETP offerings will retain their normal course of business and fund operations with the completion of this transition.\n \n \n This strategic collaboration further strengthens and aligns 3iQ as an investment fiduciary with the strong focus on regulatory compliance and prudent risk management that Coinbase and Tetra provide as industry-leading custodians.\n \n \n To learn more about 3iQ's digital assets ETP offerings, visit\n \n www.3iQ.ca\n \n .\n \n \n \n About 3iQ Corp.\n \n \n Founded in 2012, 3iQ Corp. (3iQ) is one of\n \n Canada's\n \n leading digital asset investment fund managers. 3iQ was the first Canadian investment fund manager to offer a public\n \n bitcoin\n \n investment fund, The\n \n Bitcoin\n \n Fund (TSX: QBTC) (TSX: QBTC.U), and a public ether investment fund, The Ether Fund (TSX: QETH.UN)(TSX: QETH.U). More recently, 3iQ launched the 3iQ CoinShares\n \n Bitcoin\n \n ETF (TSX: BTCQ) (TSX: BTCQ.U) and the 3iQ CoinShares Ether ETF (TSX: ETHQ) (TSX: ETHQ.U). 3iQ offers investors convenient and familiar investment products to gain exposure to digital assets.\n \n \n \n About Coinbase\n \n \n Coinbase is building the cryptoeconomy ...

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