Canada's neutral settlement layer for tokenized finance.
Canada's tokenized economy needs one neutral settlement layer, denominated in Canadian dollars, trusted by banks and issuers alike. 4ormEx is Pillar 02 on that layer, the institutional trading surface.
One enterprise layer where everything settles with finality.
A neutral Canadian trading venue for tokenized assets, with settlement finality at commit.
Title, cash, and rules travel together. One write to the canonical ledger, or none. 4ormEx is the trading-venue surface inside the 4orm Finance neutral settlement layer. Permissioned matching, eligibility checked pre-trade, settlement on the same write as the match. Built inside the Canadian regulatory perimeter, not adjacent to it.
The bank issues and holds the tokenized deposit. 4orm takes no deposits and needs no banking licence.
Starts as a read-only module
It sits beside a bank's existing systems, touches no funds, and proves settlement finality on a single tokenized deposit inside a supervised sandbox. The smallest thing that is both real and safe to run.
Compliance native, Canadian hosted
Permissioned ERC-3643 tokens carry identity and transfer controls. Hyperledger Besu now, with a path to 4orm Native Chain, hosted in Canada.
Regulated from day one
Alberta Securities Commission as primary regulator, engaged through the Alberta Financial Regulatory Sandbox, with a phased CIRO custody pathway.
One trading surface. Title, cash, and rules on one settlement layer.
4ormEx is one of six capabilities inside the 4orm Finance neutral settlement layer. The Trading surface matches orders, checks eligibility pre-trade, and writes the asset leg, the cash leg, and the supervisory record in one commit. There is no separate clearing or settlement step.
Title
Token transfers represent the legal interest. Registry on the canonical ledger is the record. No reconciliation against an external book.
Asset categories →Cash
The cash leg is a tokenized commercial-bank deposit, issued by the bank under its own banking authorizations. 4orm takes no deposits and needs no banking licence.
How DvP works →Rules
Eligibility, jurisdiction, and limits are checked pre-trade. The supervisory feed is read-only and privacy-preserving. The venue is designed for the regulators it intends to answer to.
What we do →One perimeter. Six capabilities. 4ormEx is Pillar 02.
The canonical ledger of record sits at the platform level. 4ormEx operates Trading. The other five capabilities run as siblings inside the same neutral settlement layer.
Designed for Canadian capital. All simulated.
Sovereign, sub-sovereign, private credit, real estate, commodities, carbon credits. Every figure shown is illustrative.