'Dr. Doom' Nouriel Roubini has said crypto is 'totally corrupt.' Now he's launching his own token.

• "Dr. Doom" Nouriel Roubini is launching a crypto token after years of bashing the crypto industry.
• The token will be pegged to investments Roubini has touted in the past, including gold and other commodities.
• Roubini has been a vocal crypto critic, previously calling the industry "totally corrupt."

"Dr. Doom" Nouriel Roubini spent years bashing crypto. Now, his asset management firm is creating its own crypto token.

Roubini's Atlas Capital is launching the Atlas Climate Token, a blockchain-based stablecoin that will be pegged to "a carefully chosen portfolio of liquid real world assets," the company said in a statement on October 31.