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China Carbon Neutral Development Group Advances Carbon Credit Trading with New Stablecoin Protocol

Story Highlights
  • China Carbon Neutral Development Group completed testing of its Carbon Coin protocol.
  • The initiative aims to enhance transparency and liquidity in the global carbon market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Carbon Neutral Development Group Advances Carbon Credit Trading with New Stablecoin Protocol

Elevate Your Investing Strategy:

China Carbon Neutral Development Group Limited ( (HK:1372) ) has issued an announcement.

China Carbon Neutral Development Group Limited has announced the successful completion of testing for its Carbon Coin protocol, which anchors each coin to one kilogram of carbon credits. This initiative aims to address inefficiencies in the global carbon market by providing a unified tokenized ecosystem that enhances transparency and liquidity. The company believes that this technological advancement will not only promote global carbon asset trading but also contribute to the development of the green asset financial ecosystem, potentially leading to sustainable business growth and financial returns.

More about China Carbon Neutral Development Group Limited

China Carbon Neutral Development Group Limited operates within the carbon credit industry, focusing on the development and trading of carbon credits. The company leverages blockchain and smart contract technologies to enhance the efficiency and transparency of carbon credit transactions, aiming to facilitate global carbon trading.

Average Trading Volume: 17,442,983

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.07B

For detailed information about 1372 stock, go to TipRanks’ Stock Analysis page.

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