In this episode we’re zeroing in on one of the most intriguing corners of the real-world asset tokenization boom: tokenized carbon credits. At the end of 2025, the broader RWA tokenization market has just crossed $24 billion in value, but within that, carbon credits have carved out a unique and rapidly evolving niche that blends climate action, blockchain transparency, and speculative finance in ways that are both exciting and, frankly, a little controversial.