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NoviqTech Advances Sustainability with GRR Onboarding and Tokenization
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NoviqTech Advances Sustainability with GRR Onboarding and Tokenization

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Tymlez Group Ltd. ( (AU:NVQ) ) has issued an announcement.

NoviqTech has announced the successful onboarding of Global Resource Recovery (GRR) through its Carbon Central platform, marking a significant step in GRR’s sustainability initiatives. This achievement includes the tokenization of reclaimed Glycol and the commencement of Amines recycling, enhancing transparency and trust in GRR’s operations. The tokenization process, soon transitioning to mainnet, aims to generate ISCC-aligned sustainability declarations, bolstering the marketability of these recycled products as verified sustainable resources. This collaboration not only strengthens NoviqTech’s positioning in the ESG market but also creates new revenue streams and improves data precision, aligning with increasing demands for trustworthy sustainability metrics.

More about Tymlez Group Ltd.

NoviqTech (ASX: NVQ) leverages artificial intelligence and distributed ledger technology to provide trusted solutions for supply chain reporting, carbon emissions tracking, and guarantee of origin. The company supports organizations globally in making data-driven decisions and promoting sustainable growth.

YTD Price Performance: -36.71%

Average Trading Volume: 9,797

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €13.8M

Learn more about NVQ stock on TipRanks’ Stock Analysis page.

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