Environmental asset trading platform Neutral raised US$3.2 million, led by North Island Ventures and participated by DCG

Odaily News Neutral announced the completion of US$3.2 million in financing, led by North Island Ventures, with participation from Redalpine, Digital Currency Group (DCG), Cerulean Ventures, Factor Capital, Very Early Ventures and Rarestone Capital. The company will use the new financing to launch a regulated trading platform in Europe, with plans to further expand into other regions in North America and Asia to build market infrastructure for environmental assets. According to reports, Neutral is a trading platform for environmental assets that combines tokenized carbon credits, renewable energy credits and carbon forwards with specialized market infrastructure to provide efficiency, transparency and trust in these markets.