DevvStream Announces Initial Crypto Treasury Portfolio and Appoints Custodian and Consultant
DevvStream Corp. (Nasdaq: DEVS) (“DevvStream” or the “Company”), a leading carbon management firm specializing in the development, investment, and sale of environmental assets, today announced the initial composition of its crypto treasury portfolio, along with the appointment of BitGo Trust Company (“BitGo”) as qualified custodian and FRNT Financial Inc as digital treasury consultant.
DevvStream is deploying a forward-looking crypto treasury strategy designed to combine institutional-grade liquidity with exposure to programmable sustainability, with real-world asset (“RWA”) tokenization as a core investment thesis. The Company’s treasury portfolio will initially include Bitcoin ($BTC), Solana ($SOL), and DevvE ($DEVVE), representing its dual approach to its digital asset strategy.
- Bitcoin ($BTC): Selected as the foundational asset of the digital economy, providing unparalleled security and market liquidity.
- Solana ($SOL): Chosen for its exceptional transaction speed and large-scale ecosystem, offering stable yield and deep liquidity for treasury management.
- DevvE ($DEVVE): A programmable digital asset that combines DeFi innovation and utility with the safety and security that traditional finance requires, enabling the Company's “impact-layer tokenization” strategy.
“Our treasury model isn’t just about holding crypto. It’s about aligning capital with our mission,” said Sunny Trinh, CEO of DevvStream. “Our mix of assets is designed to deliver institutional-grade efficiency and income, while bridging to sustainability tokenization and real-world asset integration. Together, they position DevvStream at the intersection of liquidity, innovation, and impact.”
DevvStream expects to continue expanding its digital asset portfolio as part of its broader strategy to fund sustainable infrastructure, tokenize real-world environmental assets, and provide investors with diversified exposure to the emerging digital–environmental economy.
About DevvStream
Founded in 2021, DevvStream is a leading carbon management firm specializing in the development, investment, and sale of environmental assets, energy transition, and innovative carbon management solutions. The Company's mission is to create alignment between sustainability and profitability, helping organizations achieve their climate initiatives while directly improving their financial health.
With a diverse approach to energy transition and carbon markets, DevvStream operates across three strategic domains: (1) an offset portfolio consisting of nature-based, tech-based, and carbon sequestration credits for immediate sale to corporations and governments seeking to offset their most difficult-to-reduce emissions; (2) project investment, acquisitions, and industry consolidation to extend the company’s reach, allowing it to become a full end-to-end solutions provider; and (3) project development, where the company serves as project manager for eligible activities such as EV charging or renewable energy generation in exchange for a percentage of generated credits or I-RECs.
For more information, please visit www.devvstream.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and generally relate to future events, trends or DevvStream’s future financial or other performance metrics. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. These forward-looking statements include statements regarding DevvStream’s intentions, beliefs, projections, outlook, analyses and current expectations concerning, among other things, DevvStream’s ability to continue as a going concern and to realize the benefits of its recently completed business combination, DevvStream’s ability to remain listed on Nasdaq, the volatility of the market price and the liquidity of DevvStream’s common shares, the impact from future regulatory, judicial, legislative or regulatory changes in DevvStream’s industry, the trends in the carbon credit markets, future performance and anticipated financial impacts of certain transactions by DevvStream or others, the growth and value of the global carbon credit or I-REC market traded value, the potential of carbon credits to provide carbon emission reductions and reduce carbon emissions to limit global warming, estimated CO2 capture, sequestration, decarbonization or storage capacities or potentials of different projects in which DevvStream is investing, DevvStream’s opportunity pipeline and the ability of such opportunities to generate I-RECs, carbon credits, tax credits, or shared savings revenue each year, and the market growth and value of these markets, all of which are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to the risks set forth in the Company’s most recent Form 10-K, 10-Q and other SEC filings which are available through EDGAR at WWW.SEC.GOV. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by DevvStream and its management are inherently uncertain and subject to material change. Given these risks, uncertainties, and other factors, you should not place undue reliance on these forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.
These forward-looking statements are expressed in good faith, and DevvStream believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and DevvStream is under no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in filings made by, or to be made by, DevvStream from time to time with the SEC and with the Canadian securities regulatory authorities. This news release is not an offer to sell or the solicitation of an offer to buy, any securities of DevvStream and this news release is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in DevvStream. All subsequent written and oral forward-looking statements concerning DevvStream or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250722031441/en/
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
SES’s Ninth and Tenth O3b mPOWER Satellites Successfully Launched23.7.2025 01:50:00 CEST | Press release
With these two satellites, the O3b mPOWER constellation continues to set the standard for global connectivity The latest pair of O3b mPOWER satellites was successfully launched into space by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 5:12 pm local time, SES announced today. These two new satellites enhance global coverage and bring incremental capacity to scale up services provided by SES’s second-generation medium Earth orbit (MEO) system, O3b mPOWER. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250722219545/en/ SES’s Ninth and Tenth O3b mPOWER Satellites Successfully Launched Since becoming operational in 2024, the O3b mPOWER system has been successfully serving mobility, government, enterprise and cloud customers around the world. The two satellites launched today will join the eight O3b mPOWER spacecraft already in operation, offering services ranging from tens of Mbp
Valeo Foods Highlights Significant Strides in Sustainability with Release of 2025 Annual Report22.7.2025 17:32:00 CEST | Press release
Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has today announced the release of its 2025 Sustainability Report, detailing the company’s commitments and progress across key environmental, social, and governance (ESG) priorities. The report underscores Valeo Foods’ ongoing efforts to integrate sustainability into every aspect of its business, from reducing greenhouse gas emissions to advancing inclusion and safety in the workplace. The report is structured around Valeo Foods’ five core sustainability pillars: Planet, People, Producers, Partners and Products and details significant achievements over the past year including: Our Planet: 71% of the electricity powering our manufacturing sites now comes from renewable sources. We continue to invest in energy efficiency across all our facilities. Our People: 70% of our colleagues currently have access to an Employee Assistance Program, with full coverage planned for next year. Our Producers: 100%
LR Health & Beauty welcomes Jörg Körfer as new CEO – focus remains on growth and operational excellence22.7.2025 15:45:00 CEST | Press release
LR Health & Beauty SE announces that Mr Jörg Körfer has been appointed Chief Executive Officer (CEO). He will take over the responsibilities of the previous members of the Management Board, Dr Andreas Laabs and Andreas Grootz, with effect from 1 August 2025. Both gentlemen will leave the company by mutual agreement on 31 July 2025. In order to further strengthen the management team in the future, the Supervisory Board is exploring options for another complementary member of the Management Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250722003136/en/ Jörg Körfer, CEO LR Health & Beauty SE Jörg Körfer has extensive expertise in global direct sales from his many years of management experience with international companies. Among other things, he spent 14 years at Vorwerk (CEO Kobold and CEO Thermomix) and served as Chairman of the Advisory Board at Bofrost for six years, as well as acting as CEO in an advisory capacity.
Andersen Consulting Strengthens Cybersecurity Capabilities with Addition of BD Emerson22.7.2025 15:30:00 CEST | Press release
Andersen Consulting enters into a Collaboration Agreement with BD Emerson, a leading consulting firm specializing in cybersecurity, compliance, privacy, and technology. BD Emerson delivers integrated consulting and hands-on execution across cybersecurity, privacy, compliance, and digital transformation. The firm helps organizations scale securely, build trust, and meet complex regulatory requirements by embedding security, legal, and compliance into every layer of operations. BD Emerson supports end-to-end needs from secure software development and DevSecOps integration to privacy program development and fractional executive leadership. “Collaborating with Andersen Consulting allows us to extend our mission of delivering proactive, business-aligned technology solutions,” said Drew Danner, managing director of BD Emerson. “We can provide clients with a fortified digital foundation that not only meets today's challenges but also anticipates future opportunities.” Mark L. Vorsatz, global
Experian Assistant Wins 2025 Globee Award for Technology22.7.2025 15:00:00 CEST | Press release
AI virtual assistant provides round-the-clock analytics and modeling support, helping financial institutions accelerate model development Experian, a leading global data and technology company, today announced that Experian Assistant, an agentic AI-powered solution that greatly accelerates the data-modeling lifecycle, won the 2025 Globee® Award for Technology, which recognizes “individuals, products, and organizations that are advancing the tech landscape, solving real-world problems, and shaping the future.” Experian Assistant was honored in the Enterprise Artificial Intelligence Solutions category. Experian Assistant enables financial institutions to perform data exploration, build and deploy models, monitor their performance, and increase speed to market to launch new offerings. Integrated with Experian Ascend Platform™, the solution greatly accelerates the modeling lifecycle, slashing model-development times from months to days and — in some cases — hours. “Experian is transforming
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom