DeFi Technologies Announces Landmark Milestone for Venture Portfolio Company Stablecorp as QCAD Becomes Canada's First Compliant CAD Stablecoin

Executive Summary

• QCAD has received final regulatory receipt, becoming Canada’s first compliant CAD‑denominated stablecoin.
• The milestone stems from DeFi Technologies’ venture investment in Stablecorp and will enable the company to build CAD‑linked ETPs, yield products, and institutional liquidity solutions.
• DeFi Technologies plans to support QCAD through product development, market‑making/liquidity provision, and post‑quantum security enhancements.

Key Details

• Regulatory Approval: QCAD Digital Trust obtained a final receipt for the prospectus qualifying distribution of QCAD tokens under Canada’s stablecoin framework.
• Venture Relationship: Stablecorp is a portfolio company of DeFi Technologies; the strategic investment was first announced on 25 Sep 2025.
• Product Development Plans:
• Integration of QCAD into CAD‑linked exchange‑traded products (ETPs), yield products, and structured solutions via DeFi Technologies and its subsidiary Valour Inc.
• Liquidity & Market Access: DeFi Technologies will act as a preferred liquidity provider for QCAD, facilitating institutional execution, on/off‑ramps, and mint/redeem flows, especially across Canada–U.S. trade corridors.
• Security Roadmap: Collaboration with BTQ Technologies Corp. to develop a post‑quantum security framework for the stablecoin as volumes increase.
• Strategic Rationale (CEO Quote): “Having a fully regulated Canadian‑dollar rail fits squarely within our strategy of backing category‑defining infrastructure and allows us to support QCAD’s growth across our platform and our broader institutional network.” – Johan Wattenström, CEO & Executive Chairman, DeFi Technologies.
• Business Impact (President Quote): “QCAD gives us a powerful building block for the next phase of DeFi Technologies’ growth… creating new, recurring fee and spread revenue streams.” – Andrew Forson, President, DeFi Technologies.

Notable Quotes

• “With this milestone, we have laid the rails for a new financial system—one that is more open, efficient, and accessible for every Canadian.” – Kesem Frank, CEO, Stablecorp.
• “QCAD's approval as Canada's first compliant CAD stablecoin is a pivotal milestone for Stablecorp and for the Canadian digital asset market.” – Johan Wattenström, CEO & Executive Chairman, DeFi Technologies.
• “From a business perspective, QCAD gives us a powerful building block for the next phase of DeFi Technologies' growth…” – Andrew Forson, President, DeFi Technologies.