DevvStream Corp. Expands with $300M Asset-Backed Digital Infrastructure and Sustainability Strategy Initiative

Reuters
07-23
<a href="https://laohu8.com/S/DEVS">DevvStream Corp</a>. Expands with $300M Asset-Backed Digital <a href="https://laohu8.com/S/IEAWW">Infrastructure and</a> Sustainability <a href="https://laohu8.com/S/MSTR">Strategy</a> Initiative

DevvStream Corp., a prominent carbon management firm, has successfully completed an initial funding round of $10 million as part of a larger $300 million strategy to enhance digital infrastructure and sustainability efforts. The company has entered a securities purchase agreement for the issuance of up to $300 million in senior secured convertible notes with Helena Partners. This initiative aims to establish a blockchain-based treasury and launch a tokenization platform for sustainability-linked infrastructure. DevvStream plans to use 75% of the net proceeds to acquire liquid digital assets, which will serve as non-correlated stores of value and collateral for future credit facilities. This strategic move is expected to generate multiple revenue streams, including staking yields, and reduce reliance on equity financing. The company is also exploring the tokenization of its existing environmental asset portfolio, promising further expansion in its digital asset strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DevvStream Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-026750), on July 22, 2025, and is solely responsible for the information contained therein.

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