Blockchain carbon credit financing trading platform Senken has completed a $7.5 million financing round, with participation from Kraken Ventures and others

ChainCatcher news, the blockchain carbon credit financing trading platform Senken announced the completion of a new round of financing of $7.5 million. This round was led by Obvious Ventures, with participation from Offline Ventures, Inflection, Kraken Ventures, and Climate Capital.

It is reported that Senken utilizes blockchain technology to provide its clients with additional security and transparency at the data level. The company also revealed plans to build an innovative financial instrument called "Carbon Forwards" and launch a token of the same name to help more environmental projects achieve tokenization of carbon credits. (source link)