What is Cash Cat?
Cash Cat (CASHCAT) is a meme-based cryptocurrency launched on Robinhood Chain, inspired by the early history of Robinhood Markets and internet meme culture. The project is centered around the "Cash Cat" character, which Robinhood reportedly considered as an early name before adopting the Robinhood brand. Like other meme coins, its value is largely influenced by community participation, cultural relevance, social media attention, and market demand.
What is CASHCAT?
The native token of the project, CASHCAT, operates on the Robinhood Chain network and serves as a meme and community token within its ecosystem. It is primarily used for trading and participation in the broader meme coin market, with no clearly defined utility beyond its role as a community-driven asset. Its value is driven largely by social sentiment, market demand, and community engagement. The token has a total supply of 1 billion units, with all 1 billion CASHCAT 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 CASHCAT can be supported by Wealthsimple's platform, including whether CASHCAT is a security and/or a derivative and is being offered in compliance with securities and derivatives laws.
We evaluated CASHCAT based on publicly available information, including (but not limited to):
- The creation, governance, usage and design of CASHCAT, 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 CASHCAT;
- The supply, demand, maturity, utility and liquidity of CASHCAT;
- Material technical risks associated with CASHCAT, including any code defects, security breaches and other threats concerning CASHCAT 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 CASHCAT, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of CASHCAT; and
- Statements made by regulators or securities regulatory authorities in Canada and other jurisdictions regarding whether CASHCAT, 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 CASHCAT may result in changes to this Crypto Asset Statement and/or Wealthsimple's ability to support CASHCAT.
Like all other crypto assets, there are some general risks to investing in CASHCAT. 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 CASHCAT. 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: August 14, 2026
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