Market Herald logo

Subscribe

Be the first with the news that moves the market
  • DMG (DMGI) is developing Terra Pool funds to manage carbon-neutral Bitcoin
  • Terra Pool is the company’s renewable energy Bitcoin mining pool partnership
  • The funds intend to match Terra Pool miners with ESG-focused institutional crypto allocators
  • DMG is an environmentally friendly and vertically integrated blockchain and cryptocurrency company
  • DMG Blockchain Solutions (DMGI) is up by 5.08 per cent trading at $0.31 per share

DMG (DMGI) is developing Terra Pool funds to manage carbon-neutral Bitcoin.

Terra Pool is DMG’s renewable energy Bitcoin mining pool partnership with Argo Blockchain.

The funds would offer a natural market mechanism to bring together Terra Pool users and institutional buyers.

The initiative would expedite institutional crypto mandates by working with vetted miners and established energy sources.

“We are excited about the opportunity to match ESG-minded institutions directly with Terra Pool and its members who are creating Bitcoin mined using exclusively carbon-neutral energy,” stated Sheldon Bennett, DMG’s CEO. “We believe this is the most efficient way to catalyze the market for investors with ESG mandates to embrace the biggest and most liquid cryptocurrency – Bitcoin.”

DMG is an environmentally friendly and vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem.

DMG Blockchain Solutions (DMGI) is up by 5.08 per cent trading at $0.31 per share as of 10:31 am EST.

More From The Market Herald

" Graph Blockchain’s (CSE:GBLC) New World revamps NFT marketplace

Graph Blockchain’s (GBLC) New World subsidiary has announced changes to its NFT marketplace.

" Hut 8 (TSX:HUT) issues July 2022 production and operations update

Hut 8 Mining (HUT) increased its Bitcoin holdings by 330 in July.
HIVE Blockchain - Frank Holmes, Executive Chairman.

" HIVE Blockchain (TSXV:HIVE) July 2022 production update

HIVE Blockchain Technologies (HIVE) has provided production figures from its Bitcoin and Ethereum mining operations for July 2022.

" Graph Blockchain (CSE:GBLC) shares the New World NFT platform’s latest success

Graph Blockchain (GBLC) is pleased to announce the latest New World NFT platform test results.