DMGI:CC - Dual-Listed Blockchain Solution Company Up on Plans to Establish Independent Digital Asset Custody Solution

2024-02-22 11:17:56 ET

Shares of this %Blockchain solution company are on the move following a commitment to establish an independent digital asset custody solution for institutional clients. %DMGBlockchainSolutions (TSX-V: DMGI) (OTC: DMGGF) is a vertically integrated blockchain and data center technology company. The firm announced in a press release today that it has committed CAD $3.5 million to establish a Calgary, Alberta-based independent digital asset custody solution for institutional clients.

As an environmentally friendly, vertically integrated blockchain and data center company, DMG manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. Their sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.

The firm’s strategy involves advancing broader digital asset adoption by building credibility and trust in %Cryptocurrency and digital assets for investors, bringing together secure institutional wallet solutions, strong insurance policies, rigorous risk management practices, best-in-class off-exchange liquidity, as well as innovative OFAC-compliant and carbon neutral blockchain solutions to meet institutional demand. Shares were trading up in late-morning trade.