Money Moves

Apps that pay you for low-carbon behaviour do exist, but the market behind them is worth under $3 billion, retirements fell 7% in 2025, and a third of unretired credits failed a quality review.

Tokenized real-world assets are real but small: $31 billion held by under a million people, dominated by Treasuries and private credit. The platforms' own disclosures contradict the promise of instant liquidity.