DGAP-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain/Expansion Advanced Blockchain AG Invests into SDG Exchange (SDGx) 2021-10-01 / 10:19 The issuer is solely responsible for the content of this announcement.

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Advanced Blockchain AG (Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) has made an equity investment into SDG exchange (SDGx). This blockchain-based protocol is developing a global sustainability marketplace dedicated to reversing climate change one transaction at a time. SDGx (https://sdgexchange.io/) is the first global exchange to be fully compliant with Article 6 of Paris Agreement. The Paris Agreement created an incentive for industries around the world to participate in sustainability by issuing carbon credits. To date, no platform has been developed that allows for quick, safe, and profitable buying / selling / trading of these assets - nor has it been done in a manner open to a global market. SDGx's approach is to provide an efficient marketplace that will support carbon compliance and fight climate change where it matters most.

While volume is building on double-sided exchange, SDGx will operate a global brokerage capable of one-sided transactions. This enables SDGx to stockpile large amounts of carbon credits from current partners as a "strategic reserve" to be sold at a later date for higher profits than the exchange fee. By using verified blockchain technology any possible fraud, counterfeit or mislabeling of credits as well as double-spending (or printing) of credits is eliminated.

The SGDx team has been working extensively on the project over the past few years and is backed by many well-known blockchain angel investors such as Michael Terpin (Transform Group), Nikolai Mushegian (MakerDAO) and Brock Pierce (Tether).

This investment adds to Advanced Blockchain's continuously growing portfolio, helping to support its ultimate vision of a more scalable, sustainable and accessible blockchain industry.

Further information on Advanced Blockchain AG and its other projects and investments can be found at https:// www.advancedblockchain.com/.

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2021-10-01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language:     English 
Company:      Advanced Blockchain AG 
              Scharnhorststraße 24 
              10115 Berlin 
              Germany 
Phone:        +4930403669510 
Fax:          030403669511 
E-mail:       info@advancedblockchain.com 
Internet:     www.advancedblockchain.com 
ISIN:         DE000A0M93V6 
WKN:          A0M93V 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich, Stuttgart, Tradegate 
              Exchange 
EQS News ID:  1237446 
 
End of News   DGAP News Service 
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1237446 2021-10-01

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(END) Dow Jones Newswires

October 01, 2021 04:19 ET (08:19 GMT)