March 15, 2022 | North iQ Newsletter

El Salvador may reportedly be the first country to ever issue debt backed by bitcoin (BTC) this week. The issuance could mark a major milestone for bitcoin adoption both inside the country and around the world. The bond will be issued by El Salvador’s state-owned energy company LaGeo through the Liquid Network, created by the […]

February 25, 2022 | North iQ Newsletter

The Role of Digital Assets in RRSP Season Investors are increasingly relying on ETF products to gain exposure to certain asset classes, such as digital assets. IFIC reported that ETF net sales in January rose to $5.1 billion CAD from just over $4 billion CAD last year. (Source: Advisor’s Edge, February 22, 2022.) The deadline for contributing […]

February 18, 2022 | North iQ Newsletter

Incremental Allocation to bitcoin (BTC) Over the last five years, traditional 60/40 equity and bond portfolios which had allocated to bitcoin (BTC) performed well compared to those that didn’t allocate to BTC. Despite nearly a three-year bear market from 2018-2020, where the USD value of BTC incurred a maximum drawdown of nearly 74%, diversified portfolios which […]

January 12 – January 18, 2022 | North iQ Newsletter

January 12 – January 18, 2022 | North iQ Newsletter

OCC Chief: Bank Regulation Can Put ‘Stable’ in Stablecoins January 14, 2022 – Speaking at an executive roundtable on “The Future of Crypto-Assets and Regulation” at the British American Business Transatlantic Finance Forum, Acting Comptroller Michael Hsu said, “Bank regulation would give credibility to the ‘stable’ part of stablecoins.” Read the report here. Rio De […]

January 05 – January 11, 2022 | North iQ Newsletter

Federal Documents Warn of Sweeping Implications if ‘digital loonie’ Adopted January 03, 2022​​​​ – ​​​​Internal government documents show Finance Department officials believe there could be sweeping implications for the economy if the Bank of Canada ever issued its own cryptocurrency. The Bank of Canada has spent years looking at whether to introduce a digital currency, […]

December 08 – December 14, 2021 | North iQ Newsletter

Scaling Ethereum Without Trade-Offs: Inside EIP 4488 December 8, 2021​​​​ – ​​​​Last week, Ethereum co-founder Vitalik Buterin brought forth Ethereum Improvement Proposal (EIP) 4488, an upgrade that could drive down transaction costs for Ethereum rollups like Arbitrum, Optimism and zkSync. The proposal detailed the immediate steps for pushing gas fees down without sacrificing security, as […]

November 25 – December 01, 2021 | North iQ Newsletter

A Primer on Tax and Cryptocurrencies in Canada November 25, 2021 – ​​​​The Canada Revenue Agency generally treats cryptocurrencies as commodities, not currency (the same goes for the U.S. Internal Revenue Service). Therefore, “any income from transactions involving cryptocurrency is generally treated as business income or as a capital gain, depending on the circumstances,” the CRA […]

November 18 – November 24, 2021 | North iQ Newsletter

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Ethereum Layer-Two TVL reaches All-Time High November 22, 2021 – The total value locked (TVL) on Ethereum layer-two networks has surged to a new peak as gas fees continue to steadily rise driving further adoption… Arbitrum has the lion’s share of the layer two market with $2.67 billion locked up, or around 45% of the […]

November 11 – November 17, 2021 | North iQ Newsletter

Marathon to Raise $500 Million in Debt to Buy Bitcoin and Mining Machines November 15, 2021 – Marathon Digital, one of the largest Bitcoin mining firms in the U.S., has said it wants to leverage the debt market to buy bitcoin and mining hardware. It also comes just a month after Marathon said it obtained […]

November 04 – November 10, 2021 | North iQ Newsletter

Reddit to reportedly Tokenize Karma Points and Onboard 500 Million New Users November 06, 2021 – American social media giant Reddit may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer. “When we all pull this off, we […]

Fred Pye

Frederick T. Pye

CHAIRMAN, CHIEF EXECUTIVE OFFICER & DIRECTOR

Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.

Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.

He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.

Mr. Pye obtained a Masters in Business Administration from Concordia University.