The financing solutions will include tokenised carbon credits in the form of MVGX’s Carbon Neutrality Tokens (CNTs), which allows large corporates to offset their carbon emissions as well as simplify their path to carbon neutrality.
Oversea-Chinese Banking Corporation (OCBC Bank) has formed a strategic partnership with MetaVerse Green Exchange (MVGX) to develop new green financing solutions that are poised to be launched later in the year.
MVGX is a digital green exchange licensed and regulated by the Monetary Authority of Singapore. The partnership marks OCBC’s first foray into the digital asset sector, since announcing that it is considering setting up a crypto exchange in November last year.
