Blockchain

Diversifi in Partnership with Cloverly Launched Green Crypto for Institutions

First crypto risk management platform for institutions, utilizes Cloverly, a
sustainability-as-a-service platform, to help the crypto industry offset its environmental footprint
November 25, 2021 Tel Aviv, Israel and Atlanta GA, USA

Diversifi, the first tech-driven crypto risk management platform for institutions, and Cloverly, a
sustainability-as-a-service platform, cooperate on helping the crypto industry offset its
environmental footprint. Diversifi automatically offsets the carbon footprint of crypto holders by
calculating the carbon footprint and utilizing Cloverly’s carbon offset API. The offset addresses
the impact of Bitcoin mining, Ether mining, and smart contracts execution, including minting
NFTs.

“We remove the complexities from the process. We want crypto investment to be a safe,
positive and responsible thing: we provide ways to hedge against risk and protect against losses
without affecting the environment. No other company offers that,” – says Eitan Katz, the CEO at
Diversifi.

The service is available through the Diversifi platform dashboard. Users need to specify the
amounts (BTC or ETH) they want to offset. The Diversifi platform calculates the costs and
executes via the Cloverly API.

“The Cloverly team is very excited to be working with Diversifi. Combining crypto and
sustainability is a much needed offering due to the energy-intensive nature of this industry.
Diversifi are clearly thought-leaders in their space by bringing this offering to market.”
We welcome the shift of miners to more usage of renewable energy, as well as the move to less
polluting consensus mechanisms (i.e. PoS). In the meantime, we invite every HODLer, trader,
asset manager and miner to invest responsibly in more sustainable cryptocurrency.
Funds, corporates, asset managers, family offices could already use the new service. To
celebrate the launch, and for a limited period of time, Diversifi will not incur any additional fees
other than the fees charged by its partners. The service is available today in every jurisdiction.
Contact us to get access to it: diversi.fi.

About Diversifi:
Diversifi offers financial institutions a risk management platform that includes sophisticated and
compliant financial products to address crypto volatility, risk and environmental impact. Its
mission is to enable and increase the adoption of crypto investments while reducing risk and the
potential impact on the environment.

About Cloverly: Cloverly is a sustainability-as-a-service technology provider that makes it
incredibly easy to bring innovative solutions to the market. Leveraging Cloverly’s
carbon-offsetting API, businesses can integrate this offering with a wide variety of digital
transactions to develop new solutions that bring sustainability front & center within the customer
experience.

For inquiries:
[email protected]
[email protected]
Press:
Dan Bonnet – [email protected]
Aigerim Omarbekova – [email protected]

Source: Plato Data Intelligence