Building Next-Generation Web3 Carbon Exchange Infrastructure: Addressing Challenges in High-Quality Carbon Credits Through RWA

Yunfeng Financial and Macao International Carbon Emission Exchange Jointly Launch the World’s Largest “Carbon Trading Blockchain” Initiative

Over 1 Million Tonnes of Carbon Credits and 200,000 Green Electricity Certificates Already On-Chained

Yunfeng Financial (00376.HK), the holding company of YF Life Insurance International Ltd, in collaboration with Macao International Carbon Emission Exchange(MEX) , today announced the completion of full on-chaining of its carbon credit asset transaction data, officially launching the first “Carbon Trading Blockchain” initiative focusing on high-quality carbon credits. The initiative is part of the new Web3 carbon exchange infrastructure being developed by MEX, an entity jointly invested in by Yunfeng Financial and Yunfeng Capital. This platform will serve as an innovative initiative and effective supplement to the traditional carbon trading market and green electricity certificate market, with its technical aspect developed by the Yunfeng Financial Blockchain Team. This move marks a key strategic layout of Yunfeng Financial and MEX in the Web3 field , aimed at building the next-generation infrastructure for the global green asset market. The initiative also underscores Yunfeng Financial’s significant transition towards Web3 and Yunfeng Capital’s commitment to responsible investment and creating long-term value through ESG. To date, MEX has facilitated a cumulative transaction volume of over 1 million tons of carbon credits and 200,000 green certificates for clients including leading enterprises such as Brazilian Forestry Group, Guotai Haitong Securities, Mitsubishi Electric (China), and CNBM Green Energy.

Currently, the global carbon credit market is facing a trust crisis regarding quality. Issues such as “greenwashing” and double counting are rampant, while the authenticity and additionality of carbon credit projects are often in doubt. Compounded by a lack of uniform standards and information transparency, the value of high-quality projects struggles to gain recognition. This exposes investors to significant reputational risks and high trust-related costs, which constrains the market’s scale and healthy development.

The “Carbon Trading Blockchain” initiative is the precise solution to these pain points. By leveraging blockchain technology, it gives a unique, life-cycle-traceable digital identity to every green asset, building a new ecosystem for a trusted and efficient carbon credit market. The initiative brings the entire process of carbon credit development, issuance, trading, and retirement on-chain, creating a closed-loop management system to guarantee full life-cycle transparency and traceability. This promotes the deep integration of the real-world value of carbon assets with their digital attributes, smoothing the channels for connecting global capital with high-quality carbon projects and truly unleashing the potential of the carbon market.

Leveraging the ecosystem resources of Yunfeng Financial (00376.HK) and Yunfeng Capital, MEX will continue to drive the implementation of the “Carbon Trading Blockchain” initiative, collaborating with global partners to enhance digital standards for green assets and fostering industry standardization through technological innovation and market practice. In the wave of Web3 reshaping the industrial ecosystem, MEX sincerely invites partners from all sectors to jointly participate in building the Web3 trusted carbon market and to co-create a green future.