This morning, the CCQI (Climate Change Quality Index) stands at 82.98, reflecting relative stability in the quality of climate-related assets. At the same time, the price of EUAs (European Union Allowances) is at €79.01, showing a technical signal of -2.33, which indicates significant downward pressure on this market. This trend is observed while six carbon…
Technical details on smart contracts for Ethereum-based repo tokenization pilots (e.g., Société Générale–Forge/Banque de France 2024 repo, UBS, Les Gardiennes collaborations, and related UBS uMINT/Project Guardian work) are not fully open-sourced or published in complete audited code form. These are institutional, regulated deployments focused on compliance, so details come from whitepapers, audits, press releases, and…
Our analysis confirms the DeFi amplifier hypothesis: the decentralized finance system functions as a pro-cyclical leverage multiplier, amplifying an FX shock (JPY appreciation) into a crypto liquidity crisis with contagion to traditional markets. The observed correlation, a BTC/USDJPY beta of -3.5x, reveals a three-step transmission mechanism: the unwinding of the carry trade, the collapse of…
Carbon Credit Market