Nuvve Holding Launches New Cryptocurrency Subsidiary

Nuvve Holding ( (NVVE) ) has provided an update.

On April 28, 2025, Nuvve Holding Corp. announced the launch of a new subsidiary, Nuvve-Crypto, to build a cryptocurrency digital treasury and explore blockchain opportunities as part of a strategic digital asset initiative. This move, approved by Nuvve’s Board of Directors, aims to diversify the company’s portfolio with a focus on Bitcoin and other digital assets, positioning Nuvve to capitalize on the growing digital asset economy while continuing its innovation in grid modernization and V2G technologies.

Spark’s Take on NVVE Stock

According to Spark, TipRanks’ AI Analyst, NVVE is a Underperform.

Nuvve Holding’s overall stock score reflects significant financial risks and a weak technical outlook. The company’s ongoing losses, negative equity, and reliance on external financing weigh heavily on the score. Although there are positive aspects such as backlog growth and strategic expansions, these are overshadowed by the financial instability and bearish market momentum.

To see Spark’s full report on NVVE stock, click here.

More about Nuvve Holding

Nuvve Holding Corp. (NASDAQ: NVVE) is a global leader in grid modernization and vehicle-to-grid (V2G) technology. The company focuses on accelerating the electrification of transportation by enabling electric vehicles to store and discharge energy, transforming them into mobile energy resources that help stabilize the grid. Nuvve aims to lower the cost of EV ownership while supporting a transition to a cleaner, more resilient energy infrastructure.

YTD Price Performance: -71.20%

Average Trading Volume: 1,413,734

Technical Sentiment Signal: Buy

Current Market Cap: $2.79M

Learn more about NVVE stock on TipRanks’ Stock Analysis page.