Nuvve Holding Corp. a leader in grid modernization and vehicle-to-grid
Nuvve Holding Corp. (NASDAQ: NVVE), a leader in grid modernization and vehicle-to-grid (V2G) technology, has announced the launch of a new wholly owned subsidiary, -DigitalAssets. This initiative will focus on building a diversified cryptocurrency digital treasury and capitalizing on blockchain-driven cash flow opportunities as part of the company’s long-term digital asset strategy.
Nuvve-DigitalAssets aims to create a robust cryptocurrency portfolio to drive long-term growth and maximize shareholder value. The subsidiary will begin by investing in Bitcoin through an ETF using cash surplus, with plans to expand into additional cryptocurrencies, blockchain platforms, and fintech mergers and acquisitions.
“Bitcoin is no longer an experiment; it’s an unstoppable force,” said Gregory Poilasne, s cofounder and CEO. “We intend to be at the forefront of this financial revolution, and Bitcoin will serve as the foundation of our portfolio. However, we’re also positioning ourselves to take advantage of a new wave of digital assets that have immense growth potential.”
The company plans to allocate at least 50% of its digital asset portfolio to Bitcoin, with the remaining funds invested in other leading cryptocurrencies, including Ethereum, Solana, and Chainlink. The company will provide regular updates to ensure transparency.
This strategic move aligns with s broader growth plan, enhancing its presence in the rapidly evolving digital asset space while continuing to innovate in grid modernization and V2G technologies.
About Nuvve Holding Corp.
Nuvve Holding Corp. (NASDAQ: NVVE) is a global leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology. s platform enables electric vehicles to store and discharge energy, transforming EVs into mobile energy resources and helping to stabilize the grid. Nuvve’s mission is to lower the cost of EV ownership while supporting the transition to a cleaner, more resilient energy infrastructure.
