What is ADI?

Adi is a blockchain-based protocol designed to support decentralized identity, data ownership, and digital credential systems. It provides infrastructure that enables users and applications to manage identity-related data in a secure and verifiable manner. The protocol facilitates interoperability between identity systems and supports trusted interactions across digital environments. Adi is used for applications such as authentication, credential verification, and decentralized data management.

What is ADI?

The native token of the protocol is ADI, which functions as the utility and governance token of the Adi ecosystem. ADI is used for governance, staking, and ecosystem participation, including facilitating transactions and incentivizing network activity. Holders may participate in governance decisions related to protocol upgrades and ecosystem initiatives. The token may also be used within supported applications as a medium of exchange and incentive mechanism. ADI is supported across multiple networks for interoperability. Wealthsimple supports the ERC-20 version of ADI, which is distinct from the native token. The token has a total supply of 999.99 million units, with approximately 51.14 million ADI currently 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 ADI can be supported by Wealthsimple's platform, including whether ADI is a security and/or a derivative and is being offered in compliance with securities and derivatives laws.

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

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

Like all other crypto assets, there are some general risks to investing in ADI. 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 ADI. 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: May 11, 2026