Moss.earth, a digital asset platform that has developed a tokenized carbon credit to help speed up the transition to web 3.0 in carbon markets, has closed a $10m Series A.
The round was led by SP Ventures and Acre Venture Partners and saw participation from Jive, Flori, Arrington Capital and The Craftory.
Moss has helped lead the transition to web 3.0 in carbon markets through the tokenisation of Amazon rainforest carbon credits. The firm claims through its efforts, large corporations and individuals have acquired over $26m in carbon credits in the last 18 months.
Moss’s tokenised carbon credit – the MC02 – has been listed on a the world’s largest crypto exchanges such as Gemini, Coinbase and Mercado Bitcoin.
Moss CEO and founder Luis Adaime said, “We are thrilled to speed up our rapid growth with such high quality investors. Moss is developing many significant Web 3.0 products and services, such as the issuance and distribution of Amazon land NFTs and decentralised, digital certification of environmental work, to unlock value for the planet and for our fight against climate change. Via our top notch blockchain team, we aspire to make environmental accounting and asset generation cheaper, faster, and more convenient.”
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