QCAD’s availability on Kraken marks another important step in expanding access to Canada’s compliant CAD stablecoin and advancing regulated digital asset infrastructure
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QCAD begins trading on Kraken: Stablecorp’s Canadian dollar stablecoin is now live on one of the world’s leading digital asset exchanges, expanding market access for compliant CAD-denominated digital assets.
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Milestone for Canada’s digital asset infrastructure: QCAD’s launch on Kraken builds on its position as Canada’s first compliant CAD stablecoin and marks continued progress in the development of regulated digital asset rails.
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Strategic relevance for DeFi Technologies: As an investor in Stablecorp and strategic collaborator supporting QCAD across product development, liquidity, market access, and long-term security planning, DeFi Technologies views this as a meaningful step in connecting traditional finance with on chain markets.
DeFi Technologies Inc. (the “Company” or “DeFi Technologies”), a financial technology company bridging the gap between traditional capital markets and decentralized finance (“DeFi”), is pleased to announce that QCAD, the Canadian dollar stablecoin developed by venture portfolio company Stablecorp, is now live for trading on Kraken, one of the world’s leading digital asset exchanges.
DeFi Technologies is an investor in Stablecorp and a strategic collaborator focused on scaling QCAD across product development, liquidity and market access, and long-term security planning as volumes and systemic importance grow over time.
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Highlights
QCAD reaches a major new distribution milestone
QCAD is now live for trading on Kraken, expanding access to Canada’s compliant CAD stablecoin through a leading global exchange.
Continued progress for Stablecorp
The milestone builds on Stablecorp’s recent momentum following QCAD’s emergence as Canada’s first compliant CAD stablecoin.
Strategic relevance for DeFi Technologies
As an investor in Stablecorp and strategic collaborator focused on scaling QCAD across product development, liquidity, and distribution, DeFi Technologies views this as a meaningful step in the evolution of compliant digital asset rails in Canada.
DeFi Technologies first announced its strategic investment in and partnership with Stablecorp in September 2025 as part of its broader effort to support regulated digital asset infrastructure and expand access to compliant stablecoin rails. Since then, Stablecorp has continued to advance QCAD’s market position, including achieving a key regulatory milestone that established QCAD as Canada’s first compliant CAD stablecoin.
The launch of QCAD trading on Kraken represents another important step in the stablecoin’s growth and distribution. For DeFi Technologies, the milestone reflects continued execution against its strategy of backing foundational digital asset infrastructure that connects traditional finance with on chain markets.
Johan Wattenström, CEO of DeFi Technologies, commented, “The launch of QCAD on Kraken is an important milestone for Stablecorp and for the broader development of digital asset infrastructure in Canada. As a strategic investor and collaborator, we are proud to support the growth of compliant, Canadian dollar denominated stablecoin rails that can help bridge traditional financial systems with the next generation of blockchain based financial services.”
The Company believes compliant stablecoins are becoming an increasingly important layer of digital financial infrastructure, with use cases spanning trading, payments, settlement, treasury management, and broader institutional adoption. QCAD’s continued progress reinforces the importance of regulated, locally denominated stablecoin solutions in enabling more efficient access to digital asset markets. This is a strategic inference based on Stablecorp’s positioning of QCAD as institutional grade infrastructure and DeFi Technologies’ stated collaboration around scaling its use.
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