DevvStream Corp. Deploys $10M in Bitcoin and Solana to Advance Carbon Credit Tokenization

In Summary

  • DevvStream invests $10 million in Bitcoin and Solana for carbon credit tokenization
  • Raised $300 million via convertible notes; plans to expand credit facility to $300 million
  • Bitcoin seen as liquid store of value; Solana’s network supports scalable sustainability projects
  • DevvStream targets blockchain-based environmental asset tokenization at scale


Catenaa, Sunday, August 10, 2025-Nasdaq-listed DevvStream Corp. has launched its crypto treasury strategy with a $10 million investment in Bitcoin and Solana, aiming to support its goal of tokenizing carbon credits, according to a company announcement Friday.

The carbon management firm, which raised $300 million through senior secured convertible notes to fund crypto purchases, plans to expand an existing $300 million credit facility to accelerate investments in digital and environmental infrastructure.

CEO Sunny Trin said the move strengthens the company’s balance sheet and positions DevvStream to scale tokenization of high-value environmental assets.

Founded in 2021, DevvStream offers carbon credits linked to renewable energy, energy efficiency, and forest conservation projects. Carbon credits represent one metric ton of CO2 prevented or removed, tradable certificates that firms buy to offset their carbon footprints.

The company sees Bitcoin as a liquid, non-correlated store of value, while Solana’s scalable, high-throughput blockchain network supports its sustainability-linked tokenization objectives.

The Solana Foundation itself purchases carbon credits to maintain blockchain carbon neutrality, reflecting a broader industry trend toward blockchain-based carbon credit initiatives.

DevvStream’s crypto strategy reflects a growing wave of public companies diversifying balance sheets with digital assets, following examples like Bitcoin-focused treasury firm Strategy.

The firm’s planned credit facility expansion with Helena Global Investment Opportunities is expected to fund further crypto acquisitions and environmental technology investments, aligning with its mission to integrate blockchain and sustainability at scale.

Protected by Copyscape