Flowcarbon's Response to Verra's Announcement Re: Approach to Third-Party Crypto Instruments and Tokens

July 21, 2022
Flowcarbon's Response to Verra's Announcement Re: Approach to Third-Party Crypto Instruments and Tokens

Flowcarbon welcomes Verra’s announcement of an upcoming public consultation on its approach to third-party crypto instruments and tokens in early August, and that the organization recognizes the possible opportunities that crypto instruments and tokens can present for the VCM.

Flowcarbon has engaged an extensive group of stakeholders from the voluntary carbon market to inform the company’s tokenization protocol design, optimizing for environmental, financial and structural integrity. We look forward to the continued dialogue with Verra, the other main standards, and IETA on the topic and bringing our solution to market in the near future.