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WeWork Founder's Climate Firm Fails to Launch Crypto Token, Refunds Investors

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#DeFi
CoinDesk
72Words
Sep 11, 2024

Flowcarbon, a climate firm founded by WeWork's founder, aimed to tokenize carbon credits but failed to launch its crypto token. Despite raising $70 million from investors including Andreessen Horowitz, the company had to refund token holders, according to Forbes.

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