Asset Class · 12

Equities · CDR-style fractional exposure

Canadian Depositary Receipt-style fractional exposure to publicly listed equities, denominated in CAD with built-in FX hedge. Modelled on the CIBC / TMX CDR framework. Cross-border without conversion.

Listed instruments0Q3 2026 launch
Pipeline12TSX + US large-cap
FX hedgeBuilt-inmonthly reset

CDR-style equities · planned launch Q3 2026

UnderlyingTokenNotionalFX hedgeStatus
Royal Bank of CanadaRY · TSXtCDR-RY1 shareCAD-pegged · monthlyQ3 2026
Microsoft Corp.MSFT · NASDAQtCDR-MSFT1/100 shareCAD-pegged · monthlyQ3 2026
Apple Inc.AAPL · NASDAQtCDR-AAPL1/100 shareCAD-pegged · monthlyQ3 2026
Shopify Inc.SHOP · TSXtCDR-SHOP1 shareCAD-pegged · monthlyQ3 2026