Tokenized trading project Neutral and German brokerage firm DLT Finance have created a blockchain exchange for carbon credits, financial instruments representing forests and renewable energy products that companies can use to offset their carbon footprint.

- This is the first tokenized real world asset (RWA) project to receive regulatory approval from the German financial regulator BaFin.

- Neutral is the "technical provider" and DLT Finance provides the "regulatory framework".

- The exchange will operate like any other commodity swap platform with better liquidity for large-scale trades than decentralized exchanges (DEXs).