Brian L. McMichael (bmc)

Excited to reveal CANA, a RWA token on Ethereum that is the first partnership of DeFi-Natives and Wall Street. With our friends at KraneShares, we've tokenized Compliance California Carbon Allowances. A unique digital commodity in a $78bn market with a statutorily rising price floor set by the State of California. Live now at https://maseer.finance https://kraneshares.com/maseer-finance-kraneshares-bring-cana-to-market-a-new-real-world-asset-rwa-defi-token-supported-by-california-carbon-allowances/

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Voluntary offsets: 🪶 tiny, illiquid, no mandate. Compliance carbon: 🏛️ state-issued, $78 B market, legally required. CANA brings the second category on-chain — a new class of RWA with a built-in price floor and asymmetric upside. 🌱 https://www.nukoud.com/climate-carbon/compliance-carbon-goes-on-chain-with-new-tradable-token/

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California Carbon Allowances are a $90bn market created by the state's Cap-and-Invest program Offering a rising floor price of CPI+5%, the program was just extended to 2045 in the past week $CANA, backed by CCA's, are not like the voluntary carbon offsets anywhere else in DeFi DeFi-compatible, huge potential upside, and available now on Ethereum

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My favorite hedge.

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