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Nature's Miracle Holding Inc. ("NMHI") Plans to Acquire $20 million Carbon Credit Portfolio to Develop XRP-Based Tokenized Carbon Product

1. NMHI signed a LOI to acquire a $20M Carbon Credit portfolio. 2. The portfolio includes CO2 emission reductions from hydroelectric and methane projects. 3. NMHI will tokenize carbon credits using XRP Ledger technology. 4. The global carbon credit market could reach $35 billion by 2030. 5. NMHI aims to become a leader in tokenization of real-world assets.

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FAQ

Why Bullish?

The acquisition and focus on a growing carbon credit market signal potential revenue growth, akin to similar ventures like those seen in green tech companies which have seen stock price increases post-announcements.

How important is it?

The article outlines significant corporate actions aimed at expanding NMHI's market presence, especially in a high-growth sector like carbon credits, impacting investor sentiment.

Why Long Term?

The integration of tokenization and carbon credit trading sets a foundational position for NMHI in a rapidly evolving market, similar to companies like Tesla that capitalized on early investments in renewable resources, providing sustainable revenue streams over time.

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XRPTSLADTEGY
, /PRNewswire/ -- Nature's Miracle Holding Inc. (OTCQB:NMHI or "Nature's Miracle") is pleased to announce it has signed a Letter of Intent ("LOI") with Carbon Credit Corporation, a Taiwanese-based company to acquire a $20 million Carbon Credit portfolio which is equivalent to about one million metric ton of CO2 emission reduction. NMHI plans to develop tokenized carbon credit products with the portfolio using XRP ledge technology. NMHI will issue shares to acquire the portfolio and the number of shares to be issued will be finalized in the definitive acquisition agreement which is expected to be executed in about 30 days.  The Carbon Credit in the $20 million portfolio is associated with hydroelectric and methane projects in Asia and South America. They are registered with Verra under the Verified Carbon Standard (VCS) Program, the world's most widely used greenhouse gas (GHG) crediting program. Based on MSCI research, the global carbon credit market could rise in value to USD 35 billion  by 2030. Carbon credits can be integrated with the XRP Ledger (XRPL) to create tokenized carbon assets, increasing transparency, efficiency, and global accessibility in carbon markets. The XRPL's carbon-neutral design and energy efficiency make it an ideal platform for tokenizing credits from reforestation and other ecological projects, allowing for secure, transparent trading and tracking of assets on a decentralized ledger. "As a former CEO and co-founder of the largest small hydroelectric company listed on New York Stock Exchange, I understand the importance and value of carbon credit generated from green and renewable energy projects toward the climate control and emission reduction" Tie "James" Li, Chairman and CEO of Nature's Miracle Holding Inc. commented, "We are very excited to acquire this $20 million Carbon Credit portfolio and are looking forward to utilizing XRP Ledger to create tokenized carbon assets. This will position NMHI as a leader in pioneering the application of XRP in Real World Assets tokenization." Ting Chen Kao, CEO of Carbon Credit Capital, commented, "We are pleased to work with Nature's Miracle in applying XRP ledger technology to tokenize the carbon credit products. As an export-oriented economy, Taiwan is strategically positioned to address the imminent implementation of the EU Carbon Border Adjustment Mechanism (CBAM) and the US Clean Competition Act (CCA). The tokenized carbon product will enhance the accessibility, liquidity and accountability of the carbon credit trading."  About Nature's Miracle Holding Inc. Nature's Miracle Holding Inc. (OTCQB: NMHI) (www.Nature-Miracle.com) is a growing agriculture technology company providing products and services to growers in the Controlled Environment Agriculture ("CEA") industry in the U.S.  The Company also engages in electric vehicle distribution and bitcoin mining. The Company has recently announced a number of initiatives to become one of the first public companies utilizing XRP digital treasury program and the related application of XRP technologies. The Company's Common Stock trades on the OTCQB market ("OTCQB") under the symbol "NMHI". About Carbon Credit Corporation Carbon Credit Capital Co., Ltd., based in Taiwan, is committed to the development of green finance and ESG, and to constant innovation in related areas, such as the development of carbon rights and the issuance of carbon crypto.   Forward-Looking Statements The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: the intended use of proceeds from the offering; successful launch and implementation of Nature's Miracle's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in Nature's Miracle's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; Nature's Miracle's ability to develop and launch new products and services; Nature's Miracle's ability to successfully and efficiently integrate future expansion plans and opportunities; Nature's Miracle's ability to grow its business in a cost-effective manner; Nature's Miracle's product development timeline and estimated research and development costs; the implementation, market acceptance and success of Nature's Miracle's business model; developments and projections relating to Nature's Miracle's competitors and industry; and Nature's Miracle's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the quotation of the Company's shares on the OTC; changes in applicable laws or regulations; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which Nature's Miracle's operates; the risk that Nature's Miracle's and its current and future collaborators are unable to successfully develop and commercialize Nature's Miracle's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that Nature's Miracle's is unable to secure or protect its intellectual property; the possibility that Nature's Miracle's may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in Nature's Miracle's filings from time to time with the SEC. SOURCE Nature's Miracle Holding Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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