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0.00189915119569014 0.00383706057904733 0.00387581876671439 0.00639510096507877 0.0193790938335723 0.00771287934576172 -0.0620518584550986 -0.0581760396883842
Stock impact report

Stellar Blockchain to Power Turbo Energy's Tokenized Clean Energy Financing Initiative [Yahoo! Finance]

Turbo Energy, S.A. - American Depositary Shares (TURB) 
Company Research Source: Yahoo! Finance
The Nasdaq-listed firm announced a new initiative to tokenize financing for hybrid solar and battery installations through a partnership with Taurus, a Swiss digital asset infrastructure provider, and the Stellar Development Foundation, the organization supporting the Stellar blockchain, according to a press release. The effort begins with a pilot project at a supermarket in Spain, the firms said. The move reflects growing interest in applying blockchain rails to real-world assets. Proponents say tokenized financing could lower friction in energy investments by removing intermediaries and offering automated, transparent oversight. "This initiative is a concrete application of blockchain in energy financing," Mariano Soria, CEO of Turbo Energy, said in a statement. "We are combining real-world solar storage infrastructure with blockchain technology to create a pathway for new revenue streams and wider access to sustainable investments." At the core of Turbo Energy's project is Show less Read more
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