Bloomberg L.P. and Viridios Group have announced that they have completed a strategic transaction to enhance the carbon markets data and analytics available to Bloomberg customers. Ownership of the comprehensive voluntary carbon credit projects and resultant pricing and valuation analytics developed by Viridios AI over the past five years will be transferred to Bloomberg. In addition, Bloomberg says several members of the Viridios AI team will join as part of the transaction.
Eddie Listorti, CEO of Viridios Group, said: “This agreement with Bloomberg is the culmination of five years of innovative data science, research and analysis by the team at Viridios AI and I would like to acknowledge everyone in the team who has worked to build such a unique and powerful carbon market dataset.”
Emilie Gallagher, global head of commodities, FX and Macro Product said: “We welcome the voluntary carbon credit data, analytics and expertise that Viridios has transferred to Bloomberg, and we look forward to the valuable ways our new colleagues will contribute to Bloomberg’s expansion of offerings in the carbon markets space. Our goal is to maintain innovation and provide our customers with the quality data and insights they need to navigate these rapidly evolving markets.”
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