Key facts
- Fireblocks will provide custody and tokenization infrastructure for Last Mile Production's LMCX Carbon Avoidance Token.
- The partnership aims to align the token's controls with institutional requirements for commodity exposure.
- Last Mile Production operates the LMCX Carbon Abatement project.
Fireblocks has been selected by Last Mile Production, LLC to provide institutional custody and tokenization infrastructure for its LMCX Carbon Avoidance Token. This collaboration is intended to ensure that the LMCX Carbon Avoidance Token stack meets the operational controls that institutional allocators currently require for traditional commodity exposure. Last Mile Production is the operator of record for the carbon abatement project associated with the LMCX token.