Issue smarter, settle faster, service seamlessly. Smart Bonds is institutional infrastructure for programmable credit. We power the issuance, trading, and settlement of corporate bonds across public and exempt markets. Starting in Canada. Scaling globally.
Canada's corporate bond market is a $600B+ asset class constrained by legacy infrastructure. While the 2024 move to T+1 was a step forward, the core architecture remains unchanged: issuance is fragmented, trading is opaque, and settlement is delayed. The transition from analog rails to programmable credit is inevitable.
T+1 still ties up balance-sheet capital and leaves residual counterparty exposure on trades that could settle atomically.
Most corporate bonds trade OTC with no continuous order book. Mid-market prices are a phone call, not a feed.
Coupons, redemptions, and corporate actions are reconciled across spreadsheets and intermediaries at scale, every quarter.
Issuers coordinate disconnected providers across documentation, distribution, registry, paying agent, and reporting workflows.
Hong Kong Monetary Authority (HKMA) research, peer-reviewed and independently corroborated by the European Central Bank (ECB), measured what tokenized bond infrastructure actually delivers versus matched conventional bonds.
Source: Leung, Wong, Ying & Wan (2023), "An Assessment of the Benefits of Bond Tokenisation," Hong Kong Institute for Monetary and Financial Research / HKMA. Corroborated by ECB Macroprudential Bulletin (Apr 2026). Treat as external evidence of market direction, not a guaranteed Canadian outcome.
Tokenized financial instruments are no longer theoretical. In Canada specifically, the regulatory and capital-markets backdrop has crossed a threshold.
Issuance, distribution, settlement, servicing, reporting, and secondary trading on a single programmable rail designed for both public deals and exempt private placements.
Institutional adoption depends on governance, auditability, and regulatory discipline as much as technology. Our architecture is deliberately designed to align with evolving CSA and CIRO frameworks, ensuring that transfer controls, custody expectations, and investor eligibility can be managed under the standards Canadian regulators require.
Strictly permissioned access, ensuring participation can be limited to verified entities onboarded via a structured process.
Eligibility checks are built into the workflows, enabling strict adherence to provincial securities requirements.
Issuer and jurisdiction-defined trading rules travel natively within the security, enforced by smart contract code.
A synchronized record of issuance, ownership, and transfers provides immediate, verifiable transparency.
Smart Bonds is designed for issuers that want faster execution, lower operational friction, and a more modern route from structuring to settlement to post-issuance servicing.
Digital issuance workflows replace serial handoffs across documentation, registry, and distribution.
Coupons, redemptions, and lifecycle events run automatically. Fewer reconciliation breaks, lower run-cost.
Distribute across public and exempt markets on a single rail. Utilize fractional denominations to access a broader investor pool.
Command a real-time cap table. Maintain a single, always-accurate source of truth, accessible instantly.
Smart Bonds is designed for institutional and qualified market participants. Investors gain digital securities with clearer ownership records, automated servicing, faster settlement design, and access to a permissioned secondary venue built for compliant trading.
Near-instant settlement instead of conventional next-day completion, with reduced counterparty exposure.
Synchronized ownership and transaction history visible to approved participants in real time, not end-of-day.
Smaller minimum sizes through fractional structures where appropriate, broadening qualified participation.
Coupon payments, redemptions, and corporate actions run automatically. Fewer manual touches, cleaner books.
Smart Bonds sits at the intersection of digital asset innovation and core capital-markets infrastructure. We are actively raising early-stage capital and simultaneously onboarding strategic infrastructure partners. We are seeking forward-thinking dealers, custodians, and wealth platforms ready to capture the upside of a modernized, programmable rail.
Early access is granted in cohorts. Tell us how you'd use Smart Bonds.
We'll be in touch within five business days.