Wednesday 2 June 2021

Nasdaq acquires carbon trading platform

Nasdaq acquires carbon trading platform

Financial services company Nasdaq has acquired a majority stake in to develop a trading platform for carbon removal credits.

Carbon trading has gained traction due to companies’ need to offset emissions through initiatives such as tree planting and sequestration. has developed an online platform that allows the trading of offsetting credits, as well as carbon removal certificates. These are based on technologies for long-term carbon removal such as carbon capture and storage (CCS) and allow companies to reduce their carbon footprints.

Bjoern Sibbern, Executive Vice President at Nasdaq, said: "The partnership with will provide our global network of corporate clients access to a unique marketplace for carbon removal and will allow to scale its platform through the Nasdaq network and technology platform”.

Written by

Bruna Pinhoni

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