23:12:20 EDT Sun 06 Jul 2025
Enter Symbol
or Name
USA
CA



Urbana Corp
Symbol URB
Shares Issued 10,000,000
Close 2025-05-23 C$ 6.18
Market Cap C$ 61,800,000
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Urbana's Tetra selected for digital asset services

2025-05-23 16:32 ET - News Release

Ms. Elizabeth Naumovski reports

URBANA CORPORATION CONGRATULATES TETRA TRUST COMPANY ON BEING SELECTED BY WEALTHSIMPLE TO PROVIDE DIGITAL ASSET CUSTODY SERVICES

Urbana Corp. has congratulated Tetra Trust Company 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 Lavallee, chief executive officer 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 per cent of the Tetra common shares outstanding.

About Urbana Corp.

Urbana 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.

We seek Safe Harbor.

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