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DeepMarkit Gains Access to Global Carbon Credits via Referral Arrangement
DeepMarkit Gains Access to Global Carbon Credits via Referral Arrangement Canad...
About this update from Prospect Prediction Markets Inc.
[{"type":"text","content":"\n \n \n \n DeepMarkit Gains Access to Global Carbon Credits via Referral Arrangement\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Definitive agreement reached to formalize a carbon credits sourcing arrangement with\n \n Malaysia\n \n -based asset manager\n \n \n \n \n Radiance Asset Berhad has agreed to introduce select carbon credit project owners to DeepMarkit for minting of carbon credits using the MintCarbon.io platform\n \n \n \n \n Project owners holding carbon credits to benefit from enhanced liquidity, security and exposure to purchasers around the world\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n April 12, 2022\n \n \n /CNW/ -\n \n DeepMarkit Corp., (\"DeepMarkit or the \"Company\")\n \n (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on democratizing access to the voluntary carbon offset market by minting credits into non-fungible tokens (\"\n \n NFTs\n \n \"), is pleased to announce that it has advanced its previously announced letter of intent (\"\n \n LOI\n \n \") with Radiance Assets Berhad (\"\n \n Radiance\n \n \") to a binding definitive agreement (the \"\n \n Definitive Agreement\n \n \"). Based in\n \n Malaysia\n \n , Radiance is a diverse investment holding company with a focus on innovative and technologically driven businesses in the areas of Cleantech, Meditech and Fintech. Radiance also has a focus on the environment and solutions that better peoples' lives. Radiance has several classes of funds including a new Agritech fund being launched with an asset value of\n \n USD 250 million\n \n . As previously\n \n announced\n \n , Radiance is currently a shareholder of DeepMarkit via recent private placements.\n \n \n \n \n \n \n \n \n \n The Definitive Agreement between DeepMarkit and Radiance is an arrangement under which Radiance will introduce carbon credit projects for onboarding through DeepMarkit's MintCarbon.io platform which is being developed to mint carbon offset credits into NFTs. Any minting and royalty-based revenues earned by DeepMarkit via Radiance's referrals will res...