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Carbonlinked
Carbonlinked is a New Zealand-based company that tokenizes New Zealand Emission Units (NZUs) into an on-chain stable coin called NZC, giving crypto users direct, redeemable exposure to mandatory carbon credit prices.
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Description
Carbonlinked issues NZC, a token fully collateralized 1:1 by New Zealand Emission Units (NZUs), the mandatory carbon credit required under New Zealand's Emissions Trading Scheme. Each NZC is completely redeemable for the underlying NZU held by Carbonlinked, and the company charges a 1% creation/redemption fee on deposits or redemptions. The platform emphasizes transparency, publishing its current NZU reserves and total NZC token supply, and distinguishes its mandatory carbon credit backing from voluntary carbon offset projects. Clients include individuals and businesses seeking exposure to carbon credit price movements, either through small retail purchases via Uniswap or larger over-the-counter (OTC) deals facilitated by Carbonlinked's partners, as well as emitters wishing to deposit or redeem NZUs directly.Grant Funding
VC Funding
DAI
$1.1K
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