Stellar Backs Turbo Energy in $74B Tokenized Clean Power Drive
Stellar has announced support for Turbo Energy as the company begins issuing tokenized debt on the Stellar blockchain, part of a $74 billion initiative to mobilize capital for clean power projects. Turbo (TURBO) will use Stellar’s low-fee rails and token standards to create tradable debt tokens that finance solar, wind, and other renewable installations across multiple jurisdictions.
Proponents say tokenized debt could widen investor participation through fractional ownership, create secondary-market liquidity for project finance, and shorten settlement times versus traditional funding methods. While regulatory oversight and execution risks remain, the collaboration is a notable test case for applying blockchain to large-scale green infrastructure funding and could influence how future energy projects attract institutional and retail capital.