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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
JPMorgan's blockchain unit tests a new carbon credit encryption application with S&P Global
JPMorgan's blockchain room, Kinexys, is testing a tokenization application for carbon credits in collaboration with S&P Global Commodity Insights, EcoRegistry, and the International Carbon Registry. The goal of this partnership is to create a unique ecosystem for tokenized carbon credits, aimed at addressing fragmentation and lack of transparency in the market.
Carbon credits allow companies to emit certain greenhouse gases and are generated from emission reduction projects such as renewable energy and reforestation. Alastair Northway from J.P. Morgan Payments stated that tokenization could enhance the integrity of infrastructure.
EcoRegistry and ICR have tested the application, while S&P Global is expected to test on their registration platform. JPMorgan is also developing the JPMD deposit token, which is expected to launch on the Base network.