28-8-2025 – Wealth tokenization platform Arx Veritas and infrastructure firm Blubird have completed the largest ESG-aligned tokenization initiative to date, converting $32 billion worth of Emission Reduction Assets into blockchain tokens representing over 394 million tons of prevented CO₂ emissions.
The tokenized assets include capped oil wells and decommissioned coal mines hosted on Blubird’s Redbelly Network. This marks a significant milestone in real-world asset tokenization, where physical and financial assets are minted on blockchain to enable fractional ownership and enhanced liquidity for institutional investors.
Blubird CEO Corey Billington reports strong institutional appetite, with over $500 million in transactions currently under negotiation and one major institutional purchase nearing completion. The firm has secured $18 billion in active deals and plans to tokenize an additional $18 billion by 2026, potentially preventing another 230 million tons of CO₂ emissions.
“In the coming years, we’re going to see trillions of dollars in assets move on-chain as institutions chase new liquidity, efficiency, and global access,” Billington stated. The combined tokenization efforts could prevent up to 600 million tons of CO₂ emissions equivalent, positioning blockchain technology as a key infrastructure for sustainability financing.
The development signals growing institutional confidence in tokenized environmental assets as traditional finance seeks new avenues for ESG compliance and carbon footprint reduction. Watch for additional major institutional announcements as Blubird executes its $18 billion pipeline through 2026.