Ripple Labs collaborates with climate start-up Thallo to launch a carbon credit marketplace

Web 3 climate start-up Thallo has entered into a collaboration agreement with Ripple (XRP) and other companies to develop a first-of-its-kind marketplace that connects potential buyers and sellers of high-quality carbon credits.

Thallo’s platform is powered by Ripple’s XRP and focuses on the pricing issue of the present carbon market. Buyers and sellers will be able to connect more quickly and conduct more secure transactions thanks to the company’s new platform.