Can NoviqTech Sustain Growth Amid Expanding Carbon Tokenisation Competition?

Pioneering Blockchain Tokenisation in Sustainability

NoviqTech Limited (ASX: NVQ) has marked a significant milestone in the sustainability technology sector by becoming the first company to successfully tokenise real-world assets (RWA) on the Hedera blockchain network. This breakthrough was achieved with the tokenisation of recycled Amines, providing a verifiable proof of sustainability that enhances transparency in supply chains.

The company’s Carbon Central platform has also expanded its application to include LNG recycling, issuing Proof of Sustainability certificates for recycled glycol in collaboration with a major Australian LNG operator. These developments underscore NoviqTech’s commitment to leveraging blockchain technology to drive environmental accountability.

Strategic Partnerships Fuel Growth Pipeline

NoviqTech has forged new strategic collaborations, notably with H2i Group, to tokenise avoided carbon emissions from hydrogen-enhanced diesel engines. This partnership aims to create monetisable carbon credits for voluntary markets, combining H2i’s proprietary technology with NoviqTech’s blockchain verification capabilities.

Additionally, the company’s alliance with Evercity positions it to capitalize on emerging carbon markets, particularly with Evercity’s involvement in COP29 initiatives with the Ugandan government. NoviqTech’s pipeline also includes advanced discussions for paid contracts in sustainable aviation fuels and battery recycling sectors, signaling robust growth prospects.

Expanding Market Access and Financial Position

In a strategic move to broaden its investor base, NoviqTech commenced trading on the OTCQB Venture Market under the ticker NVQLF. This listing enhances liquidity and visibility among U.S. institutional and retail investors without diluting existing shares, supporting the company’s global expansion strategy.

Financially, NoviqTech ended the quarter with a strong balance sheet, holding approximately 2.03 million HBAR tokens valued at around A$610,000 and A$433,000 in cash. Operating expenses for the quarter totaled A$618,000, with the company maintaining an estimated 2.57 quarters of funding available, reflecting prudent financial management amid growth initiatives.

Showcasing Innovation on the Global Stage

NoviqTech’s participation in the China International Fair for Trade in Services (CIFTIS) 2025 in Beijing, where Australia is the Guest Country of Honour, highlights its ambition to expand its footprint in the Asia-Pacific sustainability and trade sectors. The event offers a platform to showcase its AI-driven supply chain transparency and carbon tokenisation solutions to a global audience, potentially unlocking new partnerships and market opportunities.

CEO Freddy El Turk emphasized the strategic importance of this presence, noting it as a powerful opportunity to demonstrate NoviqTech’s advanced digital solutions and deepen engagement in one of the world’s most dynamic markets.

Enhancing Platform Capabilities for Scalability

Continuous improvements to the Carbon Central platform focus on scalability, user experience, and data traceability. Upgrades to digital twin functionality and streamlined onboarding processes aim to simplify project setup and support larger volumes of tokenisation activity. These enhancements are critical as NoviqTech seeks to meet growing demand for trusted, verifiable sustainability certifications worldwide.