MOSS Helps One River Digital Asset Management Create World’s First Carbon-Neutral Crypto Asset Fund
GREENWICH, Connecticut and, SAO PAULO, April 20, 2021 /PRNewswire/ — One River Digital Asset Management (ORDAM), one of the largest institutional crypto fund managers, and MOSS, the world’s largest carbon credit platform, today announced plans to launch the world’s first carbon-neutral crypto asset fund, enabling climate conscious investors the opportunity to benefit from exposure to Bitcoin and Ethereum while offsetting their carbon footprint.
Through the provable “burning” of MCO2 tokens (via UNISWAP), One River Digital Asset Management created the world’s first carbon neural crypto asset offering. For every Bitcoin owned, ORDAM will buy and “plant” MCO2 tokens, offsetting estimated carbon emissions.
ORDAM is the first asset management company to offer carbon offsetting globally.
ORDAM Chief Executive Officer Eric Peters said in a Bloomberg interview. “There’s a lot of talk about the carbon footprint of Bitcoin. We decided it’s time to stop talking and start doing something…