OCBC Bank And Metaverse Green Exchange To Develop New Green Financing Solutions With Tokenised Carbon Credits 

OCBC Bank and MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore, have announced a strategic partnership to develop new green financing solutions aimed at accelerating large corporates’ journey to carbon neutrality.  Scheduled to be launched later this year, these financing solutions will include tokenised carbon credits in the form of MVGX’s Carbon Neutrality Tokens (CNT™s), for large corporates to offset their carbon emissions, simplifying their path to carbon neutrality. An independent party will verify the expected carbon emissions from projects utilising these financing solutions,…

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