Zumo is a digital asset as a service platform engineered with a focus on compliance and sustainability. It enables financial institutions and enterprises to effortlessly embed digital assets via a simple API, and unlock the potential of their brand in web3.
Zumo’s turnkey digital-assets-as-a-service platform offers a fast, flexible and efficient route to market, empowering fintechs, banks, asset managers and brands to offer their consumers the tools of the future simply and securely while also opening up new revenue streams, attracting new customers and supporting customer retention.
JOURNALIST ENQUIRIES
MARKETING ENQUIRIES
Amelie Arras
Marketing Director
Press releases
- The partnership will enable both parties to explore the tracking of digital asset sustainability
- A significant step in CBI’s commitment to furthering innovation and offering cutting-edge digital solutions to its clients
- Zumo has firmly established itself as a leader in advancing sustainability within the digital asset sector
- Zumo, the B2B digital assets infrastructure prioritising compliance and sustainability, has announced a new strategic partnership with Crypto Carbon Ratings Institute (CCRI), which provides data on the carbon exposure of investments and business activities related to blockchain.
- In March 2024, the annualised carbon footprint of all physically-backed Bitcoin fund products stood at 4487.93 kilotonnes of carbon dioxide (ktCO2) - equivalent to a person flying from London to New York and back over 1.5 million times. This is set to grow further with the London Stock Exchange (LSE) and the Hong Kong Securities and Futures Commission (SFC) now also accepting crypto fund products.
- In response, Zumo and CCRI have announced a new partnership to help financial institutions to better measure, mitigate, and report on the carbon footprint of their digital asset activities.
- First decarbonised digital asset fund compliant with SFDR Article 8.
- Leading index provider, Wilshire Indexes, partners with Jacobi to provide the benchmark for BCOIN and future products.
- Verifiable built-in Renewable Energy Certificate (REC) solution supplied by Zumo, differs from carbon offsetting by transparently and quantifiably addressing electricity consumption of BTC investing.
- ZERO13, a GMEX Group initiative providing a digital climate fintech aggregation ecosystem, and Zumo, the B2B digital assets infrastructure, have announced a collaborative solution targeted at banks and their corporate and institutional clients who are looking to account for the carbon footprint of their digital assets and any aspect of their value chain.
- At Money20/20 Europe, Zumo launched Oxygen, the world’s first comprehensive decarbonising digital assets solution for financial institutions that offer digital asset products to their customers.
- Zumo worked with its long standing partner, Zero Labs, to create the unique digital solution after being granted funding by the UK’s national innovation agency, Innovate UK.
- Oxygen further strengthens Zumo’s position as a global industry leader when it comes to the pressing issue of how to decarbonise the rapidly growing digital assets sector.
- Cross-industry coalition formed to investigate how web3 and blockchain tools can be leveraged to achieve positive climate action.
- The crypto wallet and payments platform has recently completed its Zero Hero pathfinder project, buying renewable energy certificates to cover £1.5 million in bitcoin purchases and compensating for 850 MWh of electricity usage.
- Headline findings are summarised in Zumo’s newly published report – ‘Decarbonising Crypto: Towards Practical Solutions’ – which also sets out methodologies and key learnings for the use of the wider industry.
- Under the RenewableCrypto project, Zumo will now work with its partner, Zero Labs, to conduct further research into practical decarbonisation solutions, funded by the UK’s national innovation agency, Innovate UK.
- Pilot programme from crypto wallet and payments platform Zumo will offer consumers a greener alternative to hold Bitcoin by compensating all in-app Bitcoin purchases with verified renewable energy certificates.
- The ‘Zero Hero’ project trials an innovative, blockchain-powered solution from Energy Web, a founder member of the Crypto Climate Accord (CCA), for the digital procurement of clean energy.
- The latest initiative builds directly on Zumo’s recent major cross-sector report on decarbonising the crypto sector - part of its ongoing engagement with the CCA and the crypto industry - and forms part of the announcement of its wider holistic net zero strategy committing to a CCA-aligned target of net zero for all blockchain-related emissions by 2030.
- Zumo has announced a further commitment of £3,000 to support the work of charity WasteAid in its pursuit of building a cleaner and healthier future.
Our team of experts are here to provide guidance to set up, launch and scale your digital asset solution.