Iren signs deal with frontier lab, plans crypto exit

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Italian energy company Iren has signed a contract with a "leading frontier lab." This action is part of Iren's plan to exit its cryptocurrency business by the end of the current year.

Key facts

• Iren, an Italian energy company, has signed a contract with a "leading frontier lab."
• The specific nature of the lab and the contract terms were not detailed.
• This development is linked to Iren's intention to exit the cryptocurrency business.
• The company plans to complete its exit from crypto operations by the end of the present fiscal year.