What is Origin Protocol?

Origin Protocol is a blockchain platform that enables decentralized commerce and peer-to-peer marketplaces without relying on traditional intermediaries. Built on Ethereum, it provides the infrastructure for users and developers to build and operate decentralized applications that facilitate direct, transparent transactions between participants.

What is OGN?

The native token, OGN, operates on the Ethereum blockchain and serves multiple functions within the Origin ecosystem. Holders can stake tokens to receive xOGN, which provides voting rights and access to a share of protocol revenue, as well as participate in governance and earn rewards tied to network activity. The token has a total supply of 1.4 billion OGN, with approximately 652.59 million tokens in circulation at the time of this publication.

Risk Statement

Before trading any crypto assets it is important to understand the risks. This overview is a starting point for you to perform your own research prior to investing in a crypto asset. 

No securities regulatory authority or regulator in Canada has evaluated or endorsed the Crypto Contracts or any of the crypto assets made available through the platform. 

Wealthsimple has performed an assessment of whether OGN can be supported by Wealthsimple’s platform, including whether OGN is a security and/or a derivative and is being offered in compliance with securities and derivatives laws.

We evaluated OGN based on publicly available information, including (but not limited to):

• The creation, governance, usage and design of OGN, including the source code, security and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that first created OGN;
• The supply, demand, maturity, utility and liquidity of OGN;
• Material technical risks associated with OGN, including any code defects, security breaches and other threats concerning OGN and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them;
• Legal and regulatory risks associated with OGN, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of OGN; and
• Statements made by regulators or securities regulatory authorities in Canada and other jurisdiction regarding whether OGN, or generally about whether the type of crypto asset, is a security and/or a derivative.

Wealthsimple monitors ongoing developments related to crypto assets available on its platform for significant changes that may affect Wealthsimple’s original assessment of those assets, including Wealthsimple’s assessment of the application of securities and derivatives laws. Any significant changes relating to OGN may result in changes to this Crypto Asset Statement and/or Wealthsimple’s ability to support OGN.

Like all other crypto assets, there are some general risks to investing in OGN. These include short history risk, volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk, electronic trading risk and cyber security risk. Please review the Wealthsimple Crypto Product Risk Disclosure for additional discussion of general risks associated with the crypto assets made available through the platform.

We emphasize that this Crypto Asset Statement is not exhaustive of all risks associated with trading OGN. Investors should perform their own assessment to determine the appropriate level of risk for their personal circumstances.

Wealthsimple is offering Crypto Contracts in reliance on a prospectus exemption contained in the exemptive relief decision Re Wealthsimple Investments Inc. dated December 18, 2023 (the Decision). 

The statutory rights of action for damages and rescission in section 130.1 of the Securities Act (Ontario), and, if applicable, similar statutory rights under securities legislation of other jurisdictions of Canada, do not apply in respect of this Crypto Asset Statement to the extent a Crypto Contract is distributed under the prospectus relief in the Decision.

Last updated: October 20, 2025