Moss, a climatech pioneer and global leader in the trading of blockchain carbon credits, has just been listed on Coinbase (NASDAQ:), one of the world’s largest exchanges at more than 73 million verified users and US$ 255 billion in assets on platform as of September 30, 2021. This is a significant milestone in global voluntary carbon credit markets. The Coinbase listing of Moss’ MCO2 token underlines the international credibility of this Brazilian startup.

MCO2, launched March 2020 by Moss, is the world’s first blockchain-backed green digital currency. One MCO2 token equals one carbon credit. This is one-ton of carbon dioxide which is not being emitted to the atmosphere by initiatives under the REDD and REDD+ frameworks (Reduction of emissions from deforestation or forest degradation).

Moss is extremely proud to have been listed on Coinbase. I think this is a testament to our global performance, the credibility of MCO2 on the market. This allows us to further democratize the carbon credit market access and to direct resources toward the preservation and conservation of Amazon (NASDAQ :),”).
Luis Felipe Adaime is the CEO and co-founder of Moss. MCO2, the largest ever carbon credit tokenization project, is being audited and approved by CertiK, Armanino. It also receives legal guidance from Perkins Coie, an international law firm.

More than 300 businesses have already used MCO2 around the world. One River Asset Management, the company’s partner in carbon offset has created the first global carbon-neutral Bitcoin fund. Moss has also offset all of Skybridge’s crypto holdings. In Brazil, the company works with GOL, Brazil’s largest airline, to enable its customers to offset their emissions through the purchase of the MCO2 token. This accounts for over 2.3 million trades of MCO2, which is more than 22% of global carbon credit trading volume. More than US$ 20,000,000 have been already allocated through this initiative for sustainability projects related to the Amazon Rainforest.

Carbon credits, a type of currency created by people who support environmental conservation, can be bought by companies or governments to offset pollution. Moss’s innovation consists in backing in blockchain a real green asset generated by environmental projects in the Amazon Rainforest and which can be traded on exchanges or used to neutralize gases in the atmosphere.

MCO2 also became available for trading on Gemini recently. This was the first Latin American currency to become accessible on this exchange. BKEX, Gate.io users can also get the token. It is available for trading through Mercado as well as NovaDax.

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