JPMorgan's blockchain division Kinexys and S&P Global test carbon credit tokenization

Odaily Planet Daily News: Morgan Stanley's blockchain division Kinexys has teamed up with S&P Global to explore the tokenization management and issuance of carbon credits, aiming to use blockchain technology to enhance the transparency and market liquidity of carbon credits. The project focuses on testing the application of blockchain in carbon credit lifecycle management, data compatibility, and registration access. Keerthi Moudgal, the head of Kinexys, stated that both parties are committed to establishing standardized infrastructure and promoting financial innovation. Kinexys, as a private blockchain network of JPMorgan Chase, has a daily transaction volume of $2 billion. （CoinDesk）