Blubird powers Coral Futures' US$118 million tokenized reef ownership program through its registry infrastructure, enabling scalable investments in coral reef sections.

Blubird announced the launch of a tokenized reef ownership program on its platform, representing US$118 million in natural capital. The initiative covers 124,400 individual Reef Sections off Western Australia, aiming to scale to two million sections. This program showcases the potential of tokenization in managing unique assets like coral reefs. Each ownership interest is legally documented and securely recorded on Blubird's dedicated registry.