What is Canton?

Canton is a public, permissioned Layer-1 blockchain designed as a 'network of networks' for institutional finance and tokenized real-world assets. It enables regulated financial institutions to connect applications while maintaining control over data, permissions, and privacy. The network is built around 'synchronized shared states,' which allow participants to coordinate transactions across multiple applications without exposing sensitive information to unauthorized parties. Canton uses the DAML smart-contract language, providing fine-grained access controls and deterministic execution. Its architecture is designed for compliance, auditability, and operational safety, making it suited to institutions that require controlled environments rather than open public blockchains. By linking previously siloed systems, Canton enables institutions to synchronize workflows, settle transactions, and reuse collateral across applications while maintaining regulatory and operational integrity.

What is CC?

The native token of the network is CC, which is primarily used to support network operations. Its functions include paying for transaction execution, facilitating network participation, and supporting certain mechanisms that help maintain the protocol's operation. The token has a total supply of 35.97 billion units, all of which are currently in circulation.

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 CC can be supported by Wealthsimple's platform, including whether CC is a security and/or a derivative and is being offered in compliance with securities and derivatives laws.

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

• The creation, governance, usage and design of CC, 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 CC;
• The supply, demand, maturity, utility and liquidity of CC;
• Material technical risks associated with CC, including any code defects, security breaches and other threats concerning CC 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 CC, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of CC; and
• Statements made by regulators or securities regulatory authorities in Canada and other jurisdictions regarding whether CC, 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 CC may result in changes to this Crypto Asset Statement and/or Wealthsimple's ability to support CC.

Like all other crypto assets, there are some general risks to investing in CC. 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 CC. 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: December 9, 2025