CTX to debut cross-border trading of tokens backed by China's carbon credits
SINGAPORE, July 26, 2021 /PRNewswire/ -- Cyberdyne Tech Exchange (CTX) said today that its digital exchange will soon debut cross-border trading of its proprietary Carbon Neutrality Tokens (CNTs) to be backed by the carbon credits of China, the world's largest carbon market.
- SINGAPORE, July 26, 2021 /PRNewswire/ -- Cyberdyne Tech Exchange (CTX) said today that its digital exchange will soon debut cross-border trading of its proprietary Carbon Neutrality Tokens (CNTs) to be backed by the carbon credits of China, the world's largest carbon market.
- CTX, backed by the US$2 billion Asia Green Fund, said its CNTs will pave the way for carbon credits to be transferred across international borders.
- CTX's carbon neutrality token contains shared carbon information including emission records and tracing, carbon offsetting, carbon capture, storage, and reuse.
- Dr Bai disclosed that CTX is also in talks with institutions in Europe and North America to issue tokens on its exchange.