China Carbon Neutral Development Group Details Structure of 500 Million Carbon Coin Token Issuance

An update from China Carbon Neutral Development Group Limited ( (HK:1372) ) is now available.

China Carbon Neutral Development Group has detailed the structure of its initial issuance of 500 million carbon coin tokens, built on an indirectly wholly owned subsidiary, Global Carbon Asset Management, as issuer and China Carbon Neutral Group as custodian. The tokens are listed and traded on Singapore-based DigiFT, with a legal framework centered on a Deed Poll and an Administration and Custody Agreement to define rights, responsibilities, and asset protection.

The project tokenizes Verified Carbon Units into Ethereum-based tokens, each representing an exclusive beneficial right to one kilogram of carbon emission reduction, fully backed by segregated VCU pools. By binding a legal deed, segregated underlying asset pool, and blockchain tokens, the Group establishes a compliant, collateralized digital carbon product that strengthens asset security and may enhance transparency and tradability for participants in carbon credit markets.

More about China Carbon Neutral Development Group Limited

China Carbon Neutral Development Group Limited operates in the carbon asset management and environmental services sector, focusing on developing and managing carbon credit assets and related tokenized products. Through its subsidiaries, the Group structures and administers carbon credit custody, token issuance, and trading solutions aimed at supporting carbon neutrality and compliant participation in digital carbon markets.

Average Trading Volume: 1,805,500

Technical Sentiment Signal: Sell

Current Market Cap: HK$702M

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