Network · Custodians

Qualified custodians · CIRO tiered framework

Four custodians operate on the rail under the CIRO Digital Asset Custody Framework (February 2026). Tier 1 — 100% asset coverage, C00M capital. Tier 2 — 75%, C0M capital. Self-custody capped at 20%.

Custodians live4+ 1 pilot
Total AUCC$ 1.94Brepresented value
Tier mix1 · 2 · 2 · 1Tier 1 dominant

Active custodians

CustodianCIRO TierCapitalAUCShareStatus
Tetra TrustCalgary · trust companyTier 1C$ 100M+C$ 1.01B52.1%Live
Balance TrustToronto · trust companyTier 2C$ 10M+C$ 504.4M26.0%Live
Brane TrustVancouver · trust companyTier 2C$ 10M+C$ 337.6M17.4%Live
CIBC MellonToronto · trust company (pilot)Tier 1 pendingC$ 100M+C$ 87.3M4.5%Pilot