Assets/PCGD

DORRS MARKET INTELLIGENCE

PG&E Corporation Dinari dShares

PCGDEquityDinari
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ASSET PROFILE

Business description

CDI CDI-5012355926

PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.7 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision in 2001-04 during California's energy crisis and in 2019-20 due to wildfire losses. In 2004, PG&E sold its unregulated assets as part of its first postbankruptcy reorganization. PG&E Corporation Dinari dShares provides blockchain-based exposure to the listed underlying security PCG. Dinari represents that each dShare is backed 1:1 by the corresponding underlying security and supports on-chain transfer, settlement, redemption, and applicable corporate actions.

TRADING ACTIVITY

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