Block Green's Platform Sees First Public Trade in Collaboration with Merkle Standard
Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a US Bitcoin mining company, have announced a partnership aimed at transforming the financing landscape of Bitcoin mining.
- Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a US Bitcoin mining company, have announced a partnership aimed at transforming the financing landscape of Bitcoin mining.
- The collaboration allows Merkle Standard to leverage Block Green's innovative platform for hedging future revenue risks and accessing immediate liquidity at transparent and favorable rates.
- Merkle Standard will sell exposure to 100 PH/s of hashrate over the duration of 30 days to a value of 7.5 BTC in immediate upfront liquidity.
- Holden Guillies, Head of Research at Merkle Standard said "We are excited to collaborate with Block Green and be the first company to publicly announce a hashrate forward sale agreement on their platform.