PRESS RELEASE. Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond.
Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors. Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.
Immutable Carbon Offsets
Initially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month. The startup’s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets.
Unlike traditional carbon credits, XELS cannot be modified or double spent, and the process of “burning” used tokens ensures the credit is retired forever. Anyone with access to a computer and an internet connection (from eco-conscious individuals to corporations who are serious about tackling climate change) can buy and trade