ICE GreenTrace: Intercontinental Exchange Launches Carbon Registry for 437 Million Credits
cryptobriefing.comIntercontinental Exchange (ICE) launched ICE GreenTrace, a new environmental registry platform for carbon credits. The platform migrated 437 million carbon credits and 40,000 documents from Winrock International's Environmental Resources Trust, which manages programs like ACR and ART. GreenTrace handles issuance, trading, and retirement of carbon credits with a focus on security and scalability for institutional use. ICE already runs the largest environmental derivatives markets. GreenTrace extends its reach into the registry layer, giving it more control over the carbon credit value chain. The platform does not use blockchain, though ICE has a separate joint venture with OKX for tokenized markets. This concentration of power could limit interoperability with decentralized alternatives.
