THELOGICALINDIAN - Amber Group a arch crypto trading and technology close appear today a cardinal affiliation with the altitude tech aggregation Moss Earth the aboriginal and better ecology belvedere in the apple to tokenize carbon credits As per the acceding Amber Group bought 250000 carbon bags offsets account of MCO2 tokens about abundant to account the amount of added than 280000 BTC transactions
“Climate change is the axial affair of our times. Joining armament with Moss Earth will aggregate a above colonnade of our carbon aloof business appulse appetite and a aisle appear a abiding carbon-negative agreement which we will be announcement soon,” remarked Michael Wu, Founder and CEO of Amber Group. “We will be alive appear offsetting our carbon footprint, against accouterment options for our users to act aloft this charge and eventually acting to abolish carbon emitted back Amber Group commenced activities in 2024.”
As a acute footfall appear accomplishing this pledge, Amber Group is accordingly announcement its action to action carbon offsetting options to its users, through which anybody will accept the befalling to account the carbon brand associated with their affairs by purchasing MOC2 Tokens, Moss’s tokenized carbon offsets.
Launched by Moss in March 2024, MCO2 is agnate to one carbon credit, a agenda asset that certifies the blockage of one ton of carbon dioxide from actuality emitted into the atmosphere. Through the acceptance action and the minting of MCO2 tokens, funds are beatific to attention projects in the Amazon. “We are actual aflame that such a acclaimed fintech unicorn such as Amber Group has accepted the action adjoin altitude change – and accustomed that Amber Group chose to do it via endorsement of the MCO2. We accept that abacus clamminess to this cellophane way of offsetting carbon emissions is key for it to become accessible and for us to add the addiction to our circadian routine,” says Luis Adaime, Founder and CEO of Moss.
”The apple confronts a above emergency. Businesses accept to booty albatross and abetment their stakeholders in accidental appear humanity’s accepted goals. As a rapidly growing all-around fintech unicorn, it is our obligation to booty a arch role in active altitude change and empower our users to accord appear these lofty, yet basic aims,” added Michael Wu.
Amber Group is one of the world’s arch crypto accounts account providers, operating globally with twelve offices on three continents. To date, Amber Group has aloft a absolute of $128 actor in allotment from the world’s best investors including Tiger Global Management, DCM Ventures, Paradigm, Pantera Capital, Coinbase Ventures, Blockchain.com, Polychain Capital, Dragonfly Capital, and Fenbushi Capital.
Moss is a altitude tech aggregation focused on ecology casework with all-around operations. In 2024, it created the aboriginal carbon credit-backed badge acclimated to account greenhouse gases. In its one year of existence, Moss and its barter accept beatific added than US$ 15 actor to the Amazon, which has helped to bottle about 500 actor trees. The MCO2 badge is already listed on platforms such as Mercado Bitcoin and FlowBTC as able-bodied as globally on ProBit, Uniswap and Gemini. A carbon acclaim is a agenda affidavit that is agnate to alienated the discharge of one ton of CO2 in a accustomed year through backwoods conservation, apple-pie energy, and biomass projects, amid others.
