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Monday, June 12, 2023 6:35:38 PM
Troy MacDonald, HyFi Corp. CEO stated, “We are excited to expand and reshape our business model after months of head down building. We believe adding structured finance and consultancy is the best way to truly make an impact and support large projects. To transition to a green planet and green economy, it is necessary to deploy as much capital as possible into the projects that are the best positioned to do the greatest good for the planet, and those who live on it. It became apparent to us that we have too many quality clients, most needing large sums of capital, and we could not rely solely on our digital securities platform to reasonably handle this much volume at launch. Our unique relationship with WPP Energy and its multinational distributor network provides a tremendous deal funnel for projects seeking capital. Adding structured finance creates a very scalable, fast moving new business unit capable of handling dollar volumes of many billions. The digital securities platform has been repositioned to host projects that are not suited for our structured finance offering.”
We have decided to pause our participation in the NFT market due to the implosion of that market and the uncertain regulatory scheme surrounding it. Once the regulatory framework becomes clear, we will determine how to proceed.
https://www.hyfi-corp.com/biopower-operations-launches-structured-finance-and-esg-project-consultancy-divisions-current-client-contracts-requesting-over-10-billion-in-project-funding/
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