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Taurus and Stellar collaborate to experiment with tokenized clean energy finance in Spain.
Nasdaq Turbo Energy S.A. (TURB) is launching a pilot project in Spain, in collaboration with Taurus S.A. and Stellar Development Foundation to tokenize debts for Power Purchase Agreements (PPA) for the on-site solar energy system combined with SUNBOX batteries.
The Taurus-CAPITAL enterprise-grade tokenization platform will issue and manage tokenized assets on the Stellar blockchain. This model aims for international expansion, within the framework of Turbo Energy's Energy-as-a-Service, supporting the financing of clean energy projects for commercial and industrial customers.
Denelle Dixon, CEO of the Stellar Foundation, emphasized: “The future of climate finance needs to be as efficient as the clean energy it funds.”
Taurus, a Swiss fintech established in 2018, provides digital asset infrastructure for banks such as State Street, Deutsche Bank, and Santander, and has recently expanded to the US to enhance global capital market integration.