GMEX ZERO13 and Zumo partner for carbon credit offering

GMEX ZERO13 and Zumo partner for carbon credit offering

The integrated solution will seek to enable Zumo to leverage GMEX ZERO13’s hub connectivity to digital carbon registries, trade execution venue capability and its decentralised asset settlement network to source validated, high-quality, tokenised carbon credits. The solution will also provide customers with a flexible and transparent way to account for their carbon footprint through the procurement and custody of tokenised carbon credits, with ease of trading, clearing and settlement.

Zumo’s established position as an FCA-registered UK entity will enable GMEX ZERO13 to harness Zumo’s capabilities to onboard new banks, corporates and other institutions to its trading platform. This will support clients in their efforts to execute ESG Strategies with the help of blockchain technology.