• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Block Green’s Platform Sees First Public Trade in Collaboration with Merkle Standard

June 12, 2023 By Business Wire

NEW YORK--(BUSINESS WIRE)--#bitcoin--Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a US Bitcoin mining company, have announced a partnership aimed at transforming the financing landscape of Bitcoin mining. The collaboration allows Merkle Standard to leverage Block Green's innovative platform for hedging future revenue risks and accessing immediate liquidity at transparent and favorable rates.


Block Green is at the forefront of transforming the financing landscape within the Bitcoin ecosystem through its pioneering platform, they facilitate mining rewards streaming agreements utilizing Bitcoin script and custodial solutions, unlocking attractive opportunities for Bitcoin holders and miners. This transformative approach redefines the financing dynamics within the Bitcoin ecosystem, empowering participants with a new avenue for engaging in the market.

By leveraging the capabilities of Block Green's platform, datacenter operators can seize the opportunity to sell exposure to their future revenues at a discount, providing a practical financing option that addresses their liquidity needs. Simultaneously, BTC holders can benefit from the platform, yielding an attractive BTC native return.

Merkle Standard will sell exposure to 100 PH/s of hashrate over the duration of 30 days to a value of 7.5 BTC in immediate upfront liquidity. The trade has been filled by LPs including Luxor Tech, a mining software and services company.

"We are excited to partner with Merkle Standard and have them as one of the first clients to use our innovative liquidity solutions," said Sebastien Hess, CEO at Block Green. "Our platform empowers Bitcoin miners to unlock and access future liquidity and hedge revenue risks, driving growth capital coupled with risk mitigation for sophisticated mining operations."

Holden Guillies, Head of Research at Merkle Standard said "We are excited to collaborate with Block Green and be the first company to publicly announce a hashrate forward sale agreement on their platform. This innovative financial product provides us with a new way to manage risk by hedging mining difficulty while gaining upfront liquidity. We believe this partnership offers an essential tool to effectively plan, operate, and execute within the fast-moving Bitcoin mining industry.

About Block Green:

Block Green is a Bitcoin liquidity protocol that aims to transform the financing landscape within the Bitcoin ecosystem. The company is backed by top-tier investors including Founders Fund, Coinbase Ventures, and FJ Labs.

About Merkle Standard:

Merkle Standard is a premier digital asset mining company with 2.8 EH and a distinct focus on integrating data center infrastructure into industrial sites with the ability to repurpose heat. Merkle currently operates a 100 MW bitcoin mining site at a Paper Mill in Usk, Washington, and a 40 MW site in Spartanburg, South Carolina. At its Washington site, Merkle is a joint venture partner with Bitmain and is proud to have the largest deployment of hydro-cooled Bitcoin miners in North America.


Contacts

Email - contact@block.green
Phone - +1 917 294 2686

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Nexchain Builds Presale Hype With Airdrop, $5M Rewards & 50% Bonus as BlockDAG Hits Milestone

July 14, 2025

Nexchain & Remittix Top 2025 Presales With $5M Rewards, Airdrop & 50% Bonus Offer

July 14, 2025

Hex Trust CEO Alessio Quaglini Appointed to Hong Kong SAR Government’s Task Force on Promoting Web3 Development

July 14, 2025

Wanchain powers VeChain’s expansion into cross-chain DeFi

July 14, 2025

Marinade Appoints Zalika Headley as General Counsel to Advance Institutional Growth

July 14, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter