Blockchain
DevvStream Announces Final Approval to List on the NEO Exchange
Vancouver, British Columbia–(Newsfile Corp. – December 21, 2022) – DevvStream Inc. (“DevvStream” or the “Company“) is pleased to announce that it has received final approval to list its common shares on the NEO Exchange Inc. (the “NEO Exchange”) and is expected to trade under the symbol “DESG” in January 2023. The Company expects to announce the official trading commencement date shortly.
“Receiving our final approval to list on the NEO Exchange is a big milestone for DevvStream and its shareholders,” said Sunny Trinh, DevvStream’s CEO. “We have a tremendous opportunity to achieve significant milestones in 2023 and are on the path to being the industry leader in high-quality carbon offsets. I am extremely proud of the team we have assembled to allow us to do this.”
DevvStream Investor Update Webinar
The Company is also pleased to announce that CEO, Sunny Trinh, will be presenting the latest investor updates on behalf of DevvStream on Wednesday, December 21, at 10:00 AM PT/1:00 PM ET. The webinar will be hosted by Focus Communications Investor Relations (FCIR) and Cory Fleck of the Korelin Economics Report. Participants are encouraged to submit any questions for the Company before the even by e-mailing FCIR directly at [email protected].
Event Details
Date: Wednesday, December 21, 2022
Time: 10:00AM PT / 1:00PM ET
Registration: Click Here to Register
For more information, please visit www.devvstream.com and sign up to receive updates from the Company.
About DevvStream
DevvStream believes that the solutions necessary to reverse climate change exist in the world today but are encumbered by barriers, such as lack of financing. DevvStream helps to remove this barrier by providing non-dilutive capital to enable companies with solutions necessary to reduce or eliminate CO2 emissions in exchange for carbon credit rights. Through these rights, the Company generates and manages carbon credits by utilizing the most technologically advanced, blockchain-based platform. The Company invests in green projects that generate renewable energy, improve energy efficiencies, eliminate or reduce emissions, and sequester carbon directly from the air. DevvStream’s business model includes mutual collaboration and partnership with Devvio, a leading ESG-focused blockchain company and United Cities North America, an affiliate of the United Nations with a focus building sustainable and net-zero smart cities and communities.
On Behalf of the Board of Directors,
Sunny Trinh
CEO
[email protected]
Contact Investor Relations:
Leo Karabelas
Focus Communications
[email protected] | +1 647 689 6041
Disclaimer
This news release contains forward-looking statements, including statements regarding the commencement of trading on the NEO Exchange, growth prospects and other statements that are not historical facts. All statements other than statements of historical fact included in this release are forward-looking statements.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, and which are described in the Company’s public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as required by Canadian securities laws.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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