China Carbon Neutral Development Group Details Structure of 500 Million Carbon Coin Token Issuance
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China Carbon Neutral Development Group Limited has announced the structure for its issuance of 500 million carbon coin tokens, managed by its subsidiary Global Carbon Asset Management. The tokens, traded on DigiFT, represent one kilogram of carbon emission reduction and are backed by segregated Verified Carbon Units. This initiative aims to enhance asset security and transparency in carbon credit markets, supporting carbon neutrality efforts. The company focuses on carbon asset management and related tokenized products, with a current market cap of HK$702M.
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