Overview

• DevvStream used a $10 million tranche from its Helena Global–backed convertible note facility to purchase Bitcoin and Solana as part of its first crypto treasury allocation.
• The company views Bitcoin as a stable, noncorrelated reserve asset to hedge against volatile carbon credit pricing.
• Solana’s high-speed, low-cost network is intended to underpin future sustainability-linked tokenization of carbon offsets and green initiatives.
• Pending approvals, DevvStream plans to expand its credit facility to $300 million to fund blockchain-based carbon market development.
• The Nasdaq-listed firm aims to bridge traditional carbon management with digital finance by deploying blockchain liquidity into its offset portfolios, project investments and EV charging networks.