Dalrada Financial Corporation (OTC:DFCO) Stock Pulls Back From Recent High

One of the companies that had come on to the news cycle in a big way on Thursday was Dalrada Financial Corporation (OTC:DFCO) after it made a significant new announcement. The company announced yesterday that it had made an entry into the carbon credit market through a powerful hardware device and a software system that would be able to manage energy use while concurrently providing an avenue for Dalrada Financial to earn robust revenues.

The company noted in the news release that the worldwide carbon credit industry was on track to hit a valuation of $230 billion by 2032; hence, the entry of Dalrada Financial into the market with its carbon credit mining solution could prove to be well timed. The company noted that it was in a strong position to cash in on the growth potential of the industry. Even if it managed to capture 1% of the market, Dalrada Financial Corporation and its subsidiaries could corner a market share worth $3.4 billion in less than a decade.

The Chief Executive Officer and Founder of Dalrada Financial Corporation, Brian Bonar, spoke about the latest development yesterday. He noted that the system created by the company was supposed to work in all settings and could be put to both commercial and home use. Additionally, Bonar noted that the product was unique since it was a plug-and-play variant and could be integrated with any machine that ran on energy.

The CEO was bullish about the prospects of the hardware system and the software, which would be made available in the coming 90 days. The ecosystem created by Dalrada Financial Corporation is entirely transparent and helps in the analysis of energy on a real-time basis. Additionally, the system was also ideal for a large number of industries.