(CRO) Reveals Climate Commitment (CRO) has announced its goal of becoming carbon negative within 18 months.

According to reports, (CRO) is committed to offsetting more carbon than what’s generated by all activities across the organization using a multi-phased approach.

The proposed plan will take three phases and it’s expected to be completed within 18 months.

  • The first phase will be aimed at assessing the carbon generated through cryptocurrency trading, deposits. As well as, the withdrawal activities on all’s platforms (which includes the app, exchange, NFT, DeFi, and Chain).
  • The second phase is expected to detect the most effective ways to offset the carbon generated. It will utilize the support of accredited organizations with specialty in offsetting and sequestration of carbon.
  • The third phase assesses the carbon generated through business activities conducted by that exclude trading. They include activities such as marketing activities, workplace services, business travel, etc.

After completing the assessment, the figures will be added into’s carbon offsetting and sequestration program which will reportedly offset more carbon than what’s generated.

Besides, a third-party auditor will be required to offer accountability to’s customers and the broader public.’s Intentionality Towards Climate Change

In trying to resolve the climate crisis, becoming carbon negative is a major step is taking.

Two months ago, the Chain was released to the public following over two years of research and development The Chain is a fully decentralized blockchain that is built on the Proof of Stake (PoS) model, which reportedly over 90% more energy-efficient than Proof of Work (PoW) blockchains. The first two use cases that were released in Q2 2021 are emission-free NFT Minting, as well as, support for the migration of Ethereum (PoW) based protocols via the Ethereum Virtual Machine (EVM) Chain.

Kris Marszalek, co-founder and CEO of said: “The climate crisis is the most pressing issue of our time… Committing to becoming a carbon negative company is just the beginning of our efforts. As we further invest in building out the Chain Ecosystem we will offer the industry a path towards clean crypto.”

About (CRO) was created in 2016, set out with the vision of helping the public gain control of their money, data, and identity. The cryptocurrency company is headquartered in Hong Kong with a team of over 900 personnel. is reportedly built on a solid foundation of security, privacy, and compliance. It is also the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013, and PCI:DSS 3.2.1, Level 1 compliance. The platform was also awarded a Tier 4 rating; the highest level, for both NIST Cybersecurity and Privacy Frameworks.

Before now, Popular chain-agnostic platform, Cartesi (CTSI) announced that CSTI will be listed on the exchange. The announcement also stated that the exchange platform and mobile app will give access to their 10M+ users.

CRO Price

As of the time of publication, Coin’s price was $0.115123 with a 24-hour trading volume of $77,436,310. CRO price also fell by 3.32% over the last 24 hours. Besides, it has a circulating supply of 25 Billion CRO coins, as well as, a max supply of 30.3 Billion.

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