DevvStream Holdings Inc. has officially gone public on the NEO Exchange, Canada’s Tier 1 exchange. DevvStream provides upfront capital for sustainability projects in exchange for carbon credit rights which are managed through a proprietary blockchain-based platform. As a carbon credit management and investment company focused on technology-based projects, DevvStream is now available for trading on NEO under the symbol DESG.
CEO Sunny Trinh expressed his excitement for this milestone, noting the company’s alignment with the values of innovation and excellence. He also highlighted that DevvStream is an early mover in the public arena with this business model, and looks forward to providing public investors with access to their holistic, unique, tech-focused climate finance approach.
DevvStream’s strategy focuses on tackling climate finance by investing in green projects that generate renewable energy, improve energy efficiencies, eliminate or reduce emissions, or sequester carbon directly from the air. Investors can trade shares of DESG through their usual investment channels, including discount brokerage platforms and full-service dealers.
The NEO Exchange is home to well over 250 unique listings, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO facilitates between 10% and 15% of all volume traded in Canadian-listed companies, and close to 20% of all volume traded in Canadian ETFs.
DevvStream is a lighthouse example of a disruptor that is poised to effect real change. With its experienced management team and multi-faceted business model that addresses environmental, social, and governance aspects, the company is actively working to build a better tomorrow. The company has chosen to go public on the NEO Exchange, which is directly aligned with their values of innovation, excellence, and a novel approach to solving crucial issues facing the planet.
The NEO Exchange is a platform that supports growth, embraces technology, pursues continuous innovation, and provides exceptional service in addition to increased investor awareness and quality of trading. The exchange is honored to welcome DevvStream to the NEO family.