The British Columbia Securities Commission announced that Addy Technology Corp, a B.C.-incorporated fractional real estate investing platform, paid CAD 100,000 after admitting it engaged in the business of trading securities without being registered. Addy enabled customers to invest in properties and developments for as little as CAD 1 by purchasing shares or limited partnership units in various issuers. Between 2018 and 2025, it traded approximately CAD 26 million of securities, with an average investment of CAD 700 per investor, and received compensation through investor membership fees and software licensing fees charged to issuers and exempt market dealers. The BCSC said the registration requirement was triggered by Addy’s solicitation of investments through its online platform, emails and social media, its intermediation of trades, and its fee-based compensation model; attempted reliance on the crowdfunding exemption and on the use of registered exempt market dealers was not available on the facts described. Addy had no prior history of securities regulatory misconduct, voluntarily provided information and admissions to investigators, and avoided a Notice of Hearing. The company has applied for registration as a dealer.

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