Interros CEO believes crypto tokens can add value to ESG-compliant products

Karthik Subramanian

Interros, one of the largest investment companies in Russia, had recently invested in the Atomyze platform which seeks to tokenize real-world assets.

Russian Gas export

The CEO of Interros Sergei Batekhin has shared more insights on why the company believes that the investment into the blockchain platform and the tokenization of assets would be the way forward. He said that the company believes in the digitalization of industrial goods and this would help to bring in environmental, social, and governance (ESG) compliant industrial products which are likely to receive special interest from investors in the future.

“Tokens for such products can become an investment tool and can be used not only by traditional industrial clients but also by investors focused on ESG. Blockchain technology proves the origin of goods and services at all stages of their production right up to disposal or final use. Tokens, or Smart contracts, can record at issuance important information about geographical location, carbon footprint and other key information responsible manufacturers and consumers need regarding the compliance of products with ESG standards.” – commented Sergei Batekhin.

Tokenization would help to streamline the planning and distribution and also help with the supply chain as well but what is likely to be more attractive to the investors is the fact that these products would be ESG compliant and this is likely to be more attractive than the traditional products. Recently, Nor Nickel issued metal contract tokens to its industrial partners and this was the first such transaction and it is expected that this company and others would be using this mechanism much more frequently towards the end of the year.

This would also help the companies to achieve carbon-neutral status pretty quickly as this is likely to be one of the very important parameters for investors and regulators to evaluate companies in the future. This is just one more instance of how cryptos can be used to enhance well-established processes and how cryptos are not only about bitcoin and mining, as some would like to classify them as. They are likely to be used more in the future and many of them are likely to help make the Earth greener.

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