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3iQ, Coinbase Custody and Tetra Trust Complete Custodianship TransitionCoinbase and Tetra now serve as custodians for the full range of 3iQ's digital asset offerings TORONTO, Nov. 22, 2022 /CNW/ -- 3iQ Digital Asset Management (3iQ) together with Coinbase and Tetra Trust Company ("Tetra Trust" or "Tetra") are pleased to announce they have finalized the custodian transition for 3iQ's exchange-traded products (ETPs). In September, the industry leaders had announced their joining of forces to advance the digital asset ETP space in Canada. All 3iQ ETP digital assets are held in segregated custody accounts, in cold storage by Coinbase Custody Trust Company, LLC, with oversight by Tetra Trust. The 3iQ ETP offerings will retain their normal course of business and fund operations with the completion of this transition. This strategic collaboration further strengthens and aligns 3iQ as an investment fiduciary with the strong focus on regulatory compliance and prudent risk management that Coinbase and Tetra provide as industry-leading custodians. To learn more about 3iQ's digital assets ETP offerings, visit www.3iQ.ca. About 3iQ Corp. About Coinbase About Tetra Trust Not for distribution to Australia newswire services or for dissemination in Australia. This announcement and the information contained herein is restricted and is not for release, publication or distribution, in whole or in part, directly or indirectly in, or into or from the Australia or any other jurisdiction in which the same would be unlawful. You will usually pay brokerage fees to your dealer if you purchase or sell units of the ETF on a stock exchange or other alternative Canadian trading system (an "exchange"). If units of the ETF are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the ETF in its public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and anticipated events or results and may include statements regarding the future financial performance of the funds managed by 3iQ. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances. Contacts Coinbase: Tetra Trust: SOURCE 3iQ |