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DMG Blockchain’s Systemic Trust Achieves Key Regulatory Milestone in Canada
Company Announcements

DMG Blockchain’s Systemic Trust Achieves Key Regulatory Milestone in Canada

Story Highlights
  • DMG Blockchain’s subsidiary, Systemic Trust, is now a registered trust company in Alberta.
  • This positions Systemic Trust as a leading choice for secure digital asset custody in Canada.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

DMG Blockchain Solutions ( (TSE:DMGI) ) has provided an update.

DMG Blockchain Solutions Inc. has announced that its subsidiary, Systemic Trust Company, has been registered as a special purpose trust company in Alberta, Canada. This significant milestone allows Systemic Trust to act as a Qualified Custodian, enhancing the adoption of blockchain technology and bolstering trust in the Canadian cryptocurrency ecosystem. The collaboration with Fireblocks positions Systemic Trust as a leading choice for secure and compliant digital asset custody solutions in Canada. The registration is seen as a boost for Alberta’s financial services sector, creating more investment opportunities and fostering economic growth.

More about DMG Blockchain Solutions

DMG Blockchain Solutions Inc. is a leading independent provider of data center technology and blockchain solutions. The company focuses on offering secure and scalable digital asset custody solutions, primarily through its subsidiary, Systemic Trust Company.

YTD Price Performance: -14.40%

Average Trading Volume: 324,089

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $48.72M

See more data about DMGI stock on TipRanks’ Stock Analysis page.

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