CALGARY, November 10, 2026 — Transactix Financial Inc. (Transactix), a Canadian sovereign settlement infrastructure company and issuer of the CADX™ stablecoin and the Open Value Network™, today announced it has selected ThinkOn as its compute partner.
Canada’s financial institutions are trusted around the world. The systems that move their money should meet the same standard. With ThinkOn, the Open Value Network™and CADX™ run on servers in Canada, under Canadian law.
“We built the Open Value Network™ (OVN) to be the preferred settlement infrastructure for Canadians, Canadian businesses and Canadian institutions. Our partnership with ThinkOn enables the sovereignty of this infrastructure down to the bare metal core.” said Ali Abou Daya, CEO of Transactix.
Transactix selected ThinkOn for its track record. Founded in Toronto in 2013, ThinkOn has been sovereign certified and government cleared for more than eight years, holds more data under management in Canada than any other sovereign compute provider, and is the infrastructure for Canada’s Sovereign AI Platform.
“We are proud to work with innovative Canadian companies like Transactix as they build critical financial infrastructure at home. Our platform gives Transactix control over its data and its jurisdiction, which settlement infrastructure demands,” said Craig McLellan, CEO of ThinkOn.
The partnership also reflects a wider push for Canadian technology companies to collaborate and build on one another.
“When a Canadian company builds critical infrastructure using Canadian technology, more of the value stays here at home. Transactix’s decision to choose ThinkOn is exactly the kind of partnership we want to see more of: Canadian companies becoming each other’s customers, building stronger businesses and creating the foundations to compete and lead globally,” said Patrick Searle, CEO of the Council of Canadian Innovators.
About ThinkOn
About Transactix
Transactix is a Canadian sovereign settlement infrastructure company on a mission to make every unit of value programmable, compliant, and instant. Through its stablecoin CADX™ and the Open Value Network™, the company is building for the next generation of modern finance. https://www.transactix.ca/
Media Contacts
ThinkOn
Sonya Verheyden
VP Marketing
sonya.verheyden@thinkon.com
Transactix
Laura Marissa Cullell
Head of Communications
media@transactix.ca
