About a-team Marketing Services

A-Team Insight Briefs

Tokenovate and GMEX ZERO13 Execute World’s First Smart Legal Contract for Carbon Credit Derivatives

Subscribe to our newsletter

Tokenovate, a provider of distributed financial market infrastructure, and ZERO13, a GMEX Group initiative around climate fintech, have successfully executed the world’s first smart legal contract for voluntary carbon credit (VCC) derivatives trades, based on the 2022 ISDA Verified Carbon Credit Transactions Definitions.

The partnership demonstrated the creation of a blockchain-based, high quality, smart legal contract for waste to energy VCC trades, which were conducted on the SECDEX exchange, between Maverik Inc. and Tempus USA Inc. Tokenovate and ZERO13 will continue to enable VCC trades using distributed ledger technology-based smart legal contracts, supporting global net zero and energy transition goals by 2030.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlock the Future of European Equities & Trading Technology: 2024 and Beyond!

In a world where the financial landscape is perpetually evolving, 2023 has brought widespread discussions around liquidity, regulatory shifts in the EU and UK, and advancements like the consolidated tape in Europe. For the year ahead in 2024, the European market is poised for transformative changes that will influence the future of trading technology and...

BLOG

ION to Power GFO-X’s Regulated Crypto Derivatives Platform

ION has partnered with GFO-X, the UK’s first regulated and centrally cleared trading venue dedicated to digital assets, to provide the software infrastructure supporting the exchange’s operations. The collaboration aims to integrate GFO-X’s offering with ION’s established front-to-back trading and clearing platforms. Under the agreement, GFO-X will run on ION’s XTP Execution, XTP Clearing, and...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...