QCAD Digital Trust Announces QCAD Listing on Kraken, Bringing Canadian Dollars Onchain at Global Scale

Kraken is a registered Restricted Dealer in Canada and one of the longest-standing crypto asset trading platforms globally. Under this listing, QCAD will be available for trading on the Kraken crypto asset trading platform, facilitating the settlement of digital asset transactions in a Canadian Dollar-denominated instrument.

Empowering Canadians in a Global Digital Economy

"Canadians are leading digital asset adoption because they want more financial choice. Listing QCAD on Kraken helps meet that demand with a compliant, Canadian Dollar-denominated stablecoin - and it makes it easier for global participants to engage with Canada's digital economy. We are excited for this practical step toward bringing the traditional financial system onchain," said Mark Greenberg, Global Head of Consumer at Kraken.

For Canadians, QCAD offers a compliant way to stay anchored to the Canadian dollar while gaining access to global liquidity, 24/7 markets, and new financial use cases that do not exist in traditional systems.

"Connecting Canadians to the global digital economy is core to our mission; this listing serves as a significant vote of confidence in QCAD and Canada as a whole," said Kesem Frank, CEO of Stablecorp. "Meeting Kraken's rigorous listing standards further validates QCAD as an important crypto instrument, capable of supporting global flows; we are excited to expand the 'Global Gateway' for Canadians, allowing them to seamlessly benefit from the opportunities of global digital markets."

Bringing Canadian Dollars Onchain

The availability of QCAD on Kraken unlocks new opportunities for institutional clients and individual Canadian customers alike:

• Seamless Global Participation: Canadians can hold and move Canadian Dollar-denominated value on-chain, enabling easier access to global crypto markets without depending on legacy payment rails.

• Stronger Canadian Dollar Trading Experience: Deeper liquidity and improved Canadian Dollar-denominated trading pairs help deliver tighter spreads and better price discovery for major crypto assets like BTC, ETH, and USDC.

• 24/7 Access: Unlike traditional foreign exchange markets, crypto markets do not close. With QCAD trading pairs on Kraken, customers can manage exposure, deploy capital and respond to market conditions in real time.