Arx Veritas and Blubird have successfully tokenized $32 billion in carbon emission reduction assets (ERAs) using blockchain technology. This initiative, which prevents 394 million tons of carbon dioxide emissions, marks a significant milestone in the digital asset tokenization industry. The tokenized assets include sealed oil wells and coal mines, contributing to carbon reduction by halting mining and related activities.
Blubird reports strong institutional interest in ESG-compliant tokenized assets, with ongoing negotiations for transactions exceeding $500 million. The partnership aims to set new standards for sustainable finance, offering innovative financing and tracking solutions for carbon reduction efforts.
Arx Veritas and Blubird Tokenize $32 Billion in Carbon Reduction Assets
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