Climate start-up partners with Ripple to launch marketplace for carbon credits
Web 3 climate start-up Thallo inked a partnership deal with Ripple (XRP) and various other companies to build a first-of-its-kind marketplace that brings buyers and sellers of high-quality carbon credits. Thallo’s platform runs on Ripple’s XRP and focuses on the pricing problem of the current carbon market.
According to the announcement, the total cap of the voluntary carbon market is almost $2 billion and is expected to see $150 billion in the next eight years. Thallo’s efforts to contribute to the carbon market to increase liquidity, scalability and price access align with Ripple’s commitment to bolster carbon neutrality in the crypto sector. Ripple’s XRPL is already carbon-neutral, and the company takes initiatives to increase green energy projects. Thallo’s team is divided into three pillars.
Source
https://t.me/Cronos_Cardano_Ripple
