- DMG Blockchain Solutions Inc. (DMGGF, Financial) enables carbon-neutral bitcoin transactions through its subsidiary Systemic Trust Company (STC).
- A partnership with Fireblocks expands access to over 2,000 potential customers.
- Integration with Terra Pool ensures environmentally responsible and secure bitcoin transactions.
DMG Blockchain Solutions Inc. (DMGGF) has announced a significant development in its digital asset ecosystem by enabling carbon-neutral bitcoin transactions through its subsidiary, Systemic Trust Company (STC). This advancement connects STC's custody platform with Terra Pool, the world's first carbon-neutral Bitcoin mining pool. The integration, which utilizes Fireblocks' wallet infrastructure, allows bitcoin transactions to be conducted in a regulatory-compliant and environmentally conscious manner.
DMG's Petra technology plays a crucial role in this initiative by enabling transactions from STC's Petra-enabled wallets to be processed through Terra Pool. This process ensures the use of carbon-neutral energy sources while preventing commingling with potentially malicious actors. This feature addresses the increasing demands from financial institutions for environmentally responsible cryptocurrency operations.
The collaboration with Fireblocks also enhances the security and regulatory compliance of digital asset transactions. By leveraging Fireblocks' trusted custody solution, DMG can reach over 2,000 potential customers, offering them a choice in how they transact bitcoin in a sustainable and secure manner.
