Arx Veritas and Blubird Tokenize $32B in ESG Assets, Preventing 394M Tons of CO₂ Emissions”
Arx Veritas and Blubird have tokenized $32 billion worth of Emission Reduction Assets (ERAs) on Blubird’s Redbelly Network, representing nearly 400 million tons of prevented CO₂ emissions — the largest ESG-aligned tokenization effort to date. The assets include capped oil wells and coal mines, preventing emissions equivalent to 395 million NY–London flights. Blubird reports strong institutional demand, with over $500M in pending transactions and $18B more in deals lined up through 2026, which could raise its total tokenized assets to $50B and prevent 600 million tons of CO₂. CEO Corey Billington said trillions in real-world assets (RWAs) are expected to move on-chain in coming years as institutions seek liquidity, efficiency, and global access.