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Novarra BBX, LLC has launched its Carbon Credit Trading Desk, offering institutional and corporate participants compliant access to global voluntary carbon markets. The platform integrates with Xpansive Connect and CBL Markets and supports Verra-registered credits.

The initiative addresses challenges in carbon markets such as execution risk and market fragmentation. Novarra plans to implement tokenization and digital lifecycle management for carbon credits by 2026 to enhance transparency, traceability, and liquidity, while ensuring compliance with regulatory standards. The trading desk is operational and aims to provide a structured approach to innovation in carbon credit trading.