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Nature’s Miracle to Tokenize Carbon Credits

cryptonews.net

2 hour ago

Nature’s Miracle to Tokenize Carbon Credits

Nature’s Miracle Holding Inc. (OTCQB: NMHI), agriculture technology company, announced plans to acquire a $20 million carbon credit portfolio from Carbon Credit Corporation, a Taiwan-based company. The portfolio represents about one million metric tons of CO2 emission reductions and is linked to hydroelectric and methane projects in Asia and South America. All credits are registered under Verra’s Verified Carbon Standard (VCS) Program. NMHI intends to use the portfolio to develop tokenized carbon credit products on the XRP Ledger. The company said integrating carbon credits with XRPL will provide a transparent, efficient, and accessible platform for trading and tracking these assets. The XRP Ledger’s energy-efficient and carbon-neutral design makes it suitable for tokenizing environmental projects. The acquisition will be completed through the issuance of shares, with the final number to be determined in a definitive agreement expected within 30 days. NMHI said the initiative aligns with its strategy to combine digital asset technology with sustainable market solutions. Image: Freepik

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