Shares of this blockchain solution company are on the move following a commitment to establish an independent digital asset custody solution for institutional clients. DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: 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.

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