- 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.