Swiss digital asset bank Sygnum has announced the launch of a green financing solution to support carbon-neutral crypto miners. The solution allows miners to pledge a portion of their processing power in exchange for cash loans, with the mined crypto assets used to repay the debt. Sygnum aims to accelerate the industry’s transition to renewable energy sources and a carbon-neutral economy. The company’s strategy is to provide environmentally friendly financing to green miners and increase the inflow of green crypto assets into the market. Sygnum claims to be the world’s first digital asset bank and operates globally.
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