In what is rated as a world first, the SA-based H2O Water Network listed the H2ON token on two exchanges on Thursday, aiming to unlock billions of dollars worth of funding for water projects around the world. The token traded at between $1.30 and $1.40 on Thursday, before settling at $1.14 by Friday morning. The tokens are listed on the Bitmart and ApeSwap exchanges.
4 billion in projects in 75 countries. Steyn said that the focus with the H2ON token is on the financing of water projects internationally, and not so much on the technical engineering and construction of such projects. “Technical involvement with a project is only to the extent to make sure that a water project meets stringent environmental, social, and governance [standards], is functional and meets our rating and underwriting standards.