Not a crypto exchange. 4orm Finance is full-stack institutional infrastructure for Canadian regulatory frameworks, digital settlement, tokenized deposits, RWA issuance, collateral mobility, a regulated marketplace, and trust digitization. Designed end-to-end. Operated as a separately governed entity.
Each capability is independently navigable; together they form a complete institutional lifecycle from asset issuance through settlement to audit. A bank can start with one and grow into the rest.
Instant, auditable settlement for institutional transactions. Near real-time replacement for multi-day settlement cycles, both legs of a trade settle together or neither does. Modelled on the architecture validated by Bank of Canada Project Samara.
Frees trapped capital, reduces counterparty risk, and removes the multi-day reconciliation overhead that currently sits between two Canadian institutions transacting in tokenized assets.
vs T+2 deferred net settlement on legacy retail rails.
Cash leg in QCAD or tokenized bank deposits; asset leg in tokenized RWA.
$100M tokenized bond pilot, RBC + TD + EDC, March 2026.
Plug into existing core banking and treasury systems.
Bank-issued digital deposits for institutional use only. Not retail stablecoins, not bearer assets. CAD-denominated bank deposits issued by regulated Canadian institutions, operating under existing banking regulation and inside the regulated perimeter.
A direct claim on the issuing bank, programmable for settlement and collateral use, eligible for interest. The version Canadian banks ask about most when they engage with us.
Schedule I and Schedule II Canadian banks. Not non-bank issuers.
Permissioned, whitelisted; no bearer holding.
Inside the bank's regulated perimeter, not a separate reserve pool.
Pays interest like a conventional deposit.
Native infrastructure for tokenizing real-world assets. Smart contract development, an authoritative ownership registry, and on-chain binding to the legal and economic claims that make a token actually represent something real.
Transfer rules are embedded in the token at mint, jurisdiction gates, accreditation gates, lockups, and counterparty whitelists, so compliance runs inside the token rather than around it.
The permissioned-security token standard for compliant transfer rules.
Sovereign & sub-sovereign bonds, CRE, private credit, commodities, funds.
Token state is the official ownership record, not a derivative copy.
Issuance, transfer, redemption, every event anchored.
Real-time collateralization and margin efficiency. Mobilizes illiquid Canadian assets, commercial real estate, energy royalties, mining bullion, equipment finance, private credit pools, into institutional-grade collateral instruments that can move in seconds rather than days.
The asset doesn't change. What changes is that its value becomes addressable in collateral pools and margin calls programmatically, with the underlying still held by a qualified custodian.
Collateral re-hypothecation and substitution in seconds, with audit trail.
Designed for the Canadian collateral universe.
Trigger margin calls, top-ups, and liquidations via on-chain logic.
Underlying asset stays with a CIRO-aligned custodian.
Secondary market liquidity for institutional assets. Transparent pricing, fractional ownership, multi-bank settlement corridors, all operating under CIRO marketplace oversight. The order book and matching engine accessible to verified institutional participants only.
This is the missing piece in Canadian tokenization today: a venue where issuers can actually offload at scale, where banks can bring institutional clients, and where price discovery happens across the network rather than asset-by-asset.
Standard institutional order types: limit, market, stop, IOC, FOK, GTC.
Banks, credit unions, asset managers, EMDs, no retail.
Operating windows aligned with participant and supervisor preferences.
Engaging the CIRO marketplace and dealer framework.
Digital representation of trust and estate holdings. Modernizes administration of Canadian fiduciary assets while preserving the legal and tax frameworks institutions already operate within. Beneficiary management, distributions, and succession events as on-chain workflows.
The right entry point for trust companies and family offices to participate in tokenized infrastructure without abandoning the fiduciary architecture they've spent decades building.
Personal trusts, family trusts, foundations, estate administration.
Preserves provincial trust statutes, tax treatment, succession.
Designed for and with established Canadian trust institutions.
Distributions, beneficiary changes, milestone triggers.
The architecture separates regulated control from execution. Your institution keeps the client relationship and the regulated perimeter. The chain is plumbing underneath.
All regulated functions stay inside the institutional control plane. The chain is swappable plumbing, the same model JPMorgan Onyx / Kinexys operates today, applied as shared Canadian infrastructure.
No big-bang migration. Institutions enter through a closed-loop pilot with a known counterparty, then expand across the network as confidence and regulatory milestones compound.
Short discovery engagement to confirm fit, scope the right entry capability, and bring your institution onto the platform, no infrastructure build on your side.
Run one transaction type end-to-end with a known counterparty in a controlled environment. Decision-makers see the full lifecycle before anything goes wide.
Plug in qualified custody and a regulated CAD settlement asset, tokenize what your clients ask for, and join the shared marketplace and settlement corridors.
