Zumo turns on Oxygen as an answer to crypto’s ESG questions

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City AM

By Darren Parkin Digital assets platform Zumo has launched a new product aimed at answering the growing calls to decarbonise crypto. The move comes a year down the line since Edinburgh-based Zumo and its partner Zero Labs – a renewable-energy-as-a-service company – were awarded a grant by Innovate UK to fund research into the decarbonisation of digital assets. Announced at Money20/20 Europe, Oxygen enables Zumo’s clients – including banks and asset managers – to provide ‘environmental, social and governance’ (ESG)-aligned, future-proofed digital asset offerings to their customers. The targeted…

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