Emerging and High Growth Companies

Wealthsimple in connection with Tetra Trust’s $10-million financing Wealthsimple in connection with Tetra Trust’s $10-million financing

Wealthsimple
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Husnain Malik

Associate, Emerging and High Growth Companies, Toronto

On September 8, 2025, Tetra Trust announced that its new parent company, Tetra Digital Group, closed $10 million in funding with investors including Wealthsimple, Shopify, National Bank, ATB Financial, Purpose Unlimited and Shakepay. Tetra Trust will use the new capital to launch a Canadian-dollar stablecoin and expand its newly launched Tetra Unity software business.

Founded in 2014, Wealthsimple is Canada’s largest and most popular digital wealth manager.

Osler, Hoskin & Harcourt LLP advised Wealthsimple with a team consisting of Chad Bayne, Justin Dharamdial, Sahil Chopra and Husnain Malik (Emerging and High Growth Companies).

Value
$10 million
Date Announced
September 8, 2025
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Husnain Malik

Associate, Emerging and High Growth Companies, Toronto