Ripple Bolsters Climate Action Via Partnership with Thallo: A New Carbon Credit Marketplace

Ripple has partnered with Thallo, a web3 climate-conscious startup, to build a new carbon credit marketplace. This innovative collaboration aims to revolutionize the way carbon credits are accessed and traded, bringing greater transparency and efficiency to the voluntary carbon market. The marketplace is pitched as a unique venture that will democratize access to verified carbon credits for both institutional and retail investors.

Thallo and Ripple: Democratizing Access to Carbon Credits

Thallo is decentralizing access to certified carbon credits for institutional and retail investors to help them reduce their carbon footprints in a way that pleases their major stakeholders. LONDON (Octo) – Thallo, a web3 climate startup that is building a new marketplace for high-quality voluntary carbon credits, has named Ripple and Climate Collective among its key partners.

By leveraging Ripple’s enterprise readiness and carbon neutral XRPL’s reliability at scale, Thallo is democratizing access to verified carbon credits for both individuals and businesses. This strategic alliance seeks to address the challenges of the existing carbon market, such as lack of transparency and accessibility.

The Power of Blockchain for Climate Solutions

Ripple has joined hands with Thallo, a web3 climate startup for creating a blockchain-based marketplace. In fact, the motto of this collaboration is to bring down the barriers to entry in the carbon market and promote wider participation. This partnership highlights the potential of blockchain technology to drive meaningful climate action.

Together, Ripple and Thallo are forging a new path towards a more sustainable future, making it easier for individuals and organizations to offset their carbon emissions and contribute to a greener planet.