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OKX Ventures jointly launches Green Bitcoin Club, DePIN+ReFi integration drives ecological evolution

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March 4, 2024 - OKX Ventures announced that it has joined forces with ReFiDAO and Arkreen to spearhead participation in the Green Bitcoin Club GreenBTC.Club, marking an important step in promoting sustainability in the Bitcoin ecosystem.

Original source: OKX

March 4, 2024 — OKX Ventures, the investment arm of OKX, a leading cryptocurrency exchange and Web3 technology company, today announced Joining forces with ReFiDAO and Arkreen to spearhead participation in the Green Bitcoin Club GreenBTC.Club marks an important step towards promoting sustainability in the Bitcoin ecosystem. This public welfare action fully reflects OXK’s attitude of actively promoting the sustainable development of the blockchain and emphasizes its long-term commitment to environmental protection practices and carbon reduction, which is consistent with OKX’s core values of innovation and responsibility.

The essence of GreenBTC.Club is that it is committed to eliminating the historical carbon emissions caused by Bitcoin mining to the environment through the joint efforts of the community, using Web3, DePIN (decentralized Combining best practices such as chemical physical infrastructure network) and ReFi (renewable finance), we seek a carbon neutral approach to Bitcoin’s historical energy consumption, and also allow more institutions and individuals with ESG goal requirements to better understand and willingness to hold more green Bitcoin assets, supporting the growing social value of Bitcoin.

The concept prototype of GreenBTC.Club was first unveiled at the Hong Kong Web3 Carnival in April 2023. Arkreen and Hashkey interacted with the online and offline communities on site, using Renewable Energy Certificates (RECs) bring the Bitcoin block with block height 779089 into the green category. This year, GreenBTC.Club has further upgraded its application, supporting the greening of all Bitcoin blocks in history for the community, and building an inclusive climate action network that everyone can participate in.

Jeff Ren, partner of OKX Ventures, commented, "As a leader in the Bitcoin ecosystem, OKX Ventures has always been committed to promoting a more sustainable development concept. Today, I am very excited to announce our participation in the GreenBTC.Club, a joint initiative with ReFiDAO and Arkreen. This collaboration is not just about eliminating the environmental impact of Bitcoin mining, but is also important to our sustainable development of the future digital economy. One step forward. We will continue to play a leadership role and work tirelessly to promote a cleaner and greener future for the Bitcoin ecosystem."

This time OKX Ventures joins hands with the Green Bitcoin Club and will actively invest in the construction of a green Bitcoin ecological alliance and Web3 carbon neutral industry standards, and plans to open a dedicated OKX Ventures brand plot on the map of the Green Bitcoin Club to invite OKX around the world Community climate actors jointly participate in this innovative practice in the ESG field, unleash the power of public welfare, and dance with the green Bitcoin ecosystem.