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Celo hopes to invest $340m stablecoin asset backing in rainforests

Today the Celo blockchain announced the Climate Collective to tokenize rainforests and other similar assets. Over the next four years, it's proposing to invest as much as 40% of the Celo reserve, which underpins the Celo dollar and Euro stablecoins in tokenized rainforests. Celo's cryptocurrency has some high profile investors.

Oct 06, 2021 by Ledger Insights - Enterprise Blockchain
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