Earl Resources Limited (TSE:KLX) has released an update.
Carbon Done Right Developments Inc. has announced its plan to acquire London Carbon Exchange in a share-based transaction valued at USD 450,000, aiming to strengthen its position in the carbon credit market. The acquisition will integrate a blockchain-based carbon trading platform to enhance transparency, traceability, and verification of transactions. This strategic move is set to revolutionize carbon credit trading by implementing a decentralized marketplace and tokenization of credits, thereby offering flexibility and improved liquidity for investors.
For further insights into TSE:KLX stock, check out TipRanks’ Stock Analysis page.
