Jump to content

Draft:DeepGreenX

From Wikipedia, the free encyclopedia
DeepGreenX Group Inc.
Company typePrivate
IndustryGreen energy, Digital finance, AI
Founded2020
Key people
Barclay Knapp (CEO)
Websitehttps://www.deepgreenx.com/

DeepGreenX Group Inc. is a South Korea-based technology and infrastructure company that operates at the intersection of green energy, artificial intelligence, and digital finance. Founded in 2020 and headquartered in Seoul, DeepGreenX uses AI and blockchain technology to convert sustainability data into certified digital financial instruments. The company operates across more than 20 cities on four continents.

Overview

[edit]

DeepGreenX’s core platform, offered as a Platform-as-a-Service (PaaS), enables the conversion of green data into tradable digital assets such as carbon credits, renewable energy certificates (RECs), and real-world asset (RWA) tokens. These digital financial products are designed to be transacted on global digital markets, including crypto exchanges and sustainability marketplaces.[1]

DeepGreenX’s model relies on integrating asset digitization, AI analytics, and carbon monetization into a decentralized infrastructure network (DePIN). The company targets sectors such as green logistics, energy storage, carbon capture, and data centers. Revenue is expected from trading fees, data certification, and digital token issuance.[1]

Major Partnerships and Initiatives

[edit]

In November 2024, DeepGreenX announced a strategic partnership with the Asia Development & Investment Bank (ADIB), which included a commitment of $140 billion in EPC and data infrastructure projects over six years. ADIB also acquired a 36% equity stake in DeepGreenX.[2]

In November 2024, DeepGreenX partnered with Veea Inc. to roll out a $2.8 billion lease-financed AI-powered edge computing platform as part of a broader $10 billion investment in digital grid infrastructure.[3] In January 2025, DeepGreenX and Sente Ventures launched a $25 billion green infrastructure investment program to support clean energy, smart grids, battery storage, and green data centers via their joint venture DXG-Hues.[4] DeepGreenX furthermore partnered with Forest First International to launch a long-term development program in Indonesia’s Maluku region. The project involves exclusive 60-year rights to over 70 million hectares and aims to blend ecological protection with green digital finance infrastructure.[5]

Leadership

[edit]

The company is led by CEO Barclay Knapp, an American entrepreneur best known as the former CEO and co-founder of NTL Incorporated (now Virgin Media).[6][7]

References

[edit]
  1. ^ a b "DeepGreenX Overview". Retrieved 20 May 2025.
  2. ^ "DeepGreenX Secures $140 Billion Project Commitment and Leasing Fund". BusinessWire. Retrieved 20 May 2025.
  3. ^ "DeepGreenX and Veea Inc. Announce Global Strategic Partnership". Veea. Retrieved 20 May 2025.
  4. ^ "DeepGreenX and Sente Ventures Announce $25 Billion Strategic Investment Program". Climate Insider. 6 January 2025. Retrieved 20 May 2025.
  5. ^ "DeepGreenX and Forest First International Launch World's Largest Natural Asset Digitalization Project" (Press release). BusinessWire. Retrieved 20 May 2025.
  6. ^ "Barclay Knapp". MWC Barcelona. Retrieved 20 May 2025.
  7. ^ "DeepGreenX Official Website". Retrieved 20 May 2025.