Shakepay
500 Place d'Armes, Suite 1800, Montréal, QC, H2Y 2W2, Canada
Overview
Shakepay is a technology company that provides financial applications for building wealth. Through an app, Shakepay allows Canadians to buy/sell bitcoin and pay their friends. The company was founded in 2015 and is based in Montreal, Canada.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 2
Sector focus
- Bitcoin
- Cryptocurrency
- FinTech
- Payments
Investment portfolio
- Tetra Trust
Participated · Equity · Sep 2025
Tetra Digital Group provides institutional-grade digital asset infrastructure through its subsidiaries Tetra Trust (custody) and Tetra Unity (asset orchestration). The company offers end-to-end solutions for custody, orchestration, and digital currency services with an emphasis on regulatory compliance. Tetra plans to launch a regulated Canadian fiat‑backed stablecoin in early 2026, subject to regulatory approvals, leveraging its custody infrastructure. The proposed stablecoin will be backed 1-for-1 by Canadian dollar reserves held in Canada under Canadian regulatory oversight. Tetra aims to enable reliable, institutional-grade payments and remittances at scale while maintaining Canadian regulatory and consumer-protection standards. The company is inviting additional qualified institutions to join the initiative to help shape Canadian digital payments. Tetra Trust Company is a regulated crypto custodian based in Calgary, Alberta that offers custody and key management for cryptocurrency assets including bitcoin, ether and tokenized securities. It received its Certificate of Registration from the Government of Alberta on July 5, 2021 and launched as Canada’s first qualified custodian for cryptocurrency assets. Tetra aims to provide a Canadian-based regulated custody solution to service providers, ETFs, trading platforms, investors and fiduciaries, addressing a market previously limited to U.S. providers and unregulated Canadian custodians. The company emphasizes secure key management to mitigate the risk of theft and loss. Tetra estimates the Canadian market for crypto custodial services is in the tens of billions of dollars and aims to have more than a billion dollars’ worth of assets under management by the end of 2021. Leadership cited in the announcement includes CEO Eric Richmond and board chair Jenna Kaye.