Blockchain
DevvStream Joins Xpansiv’s CBL, the Largest Global Spot Exchange for Environmental Commodities
DevvStream now has access to the world’s most extensive carbon credit market
Vancouver, British Columbia–(Newsfile Corp. – June 14, 2023) – DevvStream Holdings Inc. (NEO: DESG) (OTCQB: DSTRF) (FSE: CQ0) (“DevvStream” or the “Company“), a leading carbon credit investment firm specializing in technology solutions, today announced its formal acceptance onto CBL, a global spot exchange for transacting energy and environmental commodity products such as carbon, renewable energy, water, and digital natural gas. CBL is part of Xpansiv, a global market infrastructure for registering, managing, trading, settling, retiring, analyzing, and reporting data-driven environmental commodities.
Acceptance to the CBL also enables DevvStream to use Xpansiv’s Environmental Management Account (EMA) platform, a powerful portfolio management system that enables users to manage carbon credits and renewable energy certificates (RECs) positions across Verra, the American Carbon Registry (ACR) and 11 other leading registries, from a single interface. The EMA platform enables participants to administer their environmental portfolios in real-time in response to rules changes, access accounts across multiple entities, and potentially manage hundreds of portfolio positions.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/169931
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