Crypto hedge fund Argentium commits to carbon neutrality

Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has committed to a carbon-neutral investment approach.  

The fund’s blockchain activity will be independently assessed annually for carbon impact, with Argentium pledging to purchase carbon credits or offsets to neutralise that impact. In addition, Argentium will purchase credits or offsets to cover its own carbon footprint.

As part of this initiative, Argentium – which recently unveiled its systematic multi-strategy arbitrage fund Chimera – is working with Brazilian environmental platform MOSS, which creates carbon offset programmes through its MCO2 token, the world’s first tokenised carbon credit...