China Carbon Neutral Development Launches World’s First Compliance-Issued VCS-Backed Carbon Coin

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

China Carbon Neutral Development Group Limited announced that its wholly owned subsidiary, Global Carbon Asset Management Co., has issued and is managing 500 million Carbon Coins on DigiFT, a licensed digital asset trading platform in Singapore, backed by 500,000 tonnes of Verified Carbon Standard (VCS) certified carbon credits. Positioned as the world’s first compliance-issued carbon coin based on an internationally recognized carbon standard and the first VCS-backed token on a regulated overseas on-chain exchange, the initiative uses blockchain-based tokenization to address liquidity, cost and oversight challenges in traditional carbon markets, establishing a traceable, divisible and transferable digital carbon asset. The move marks a significant strategic step for the Group in real-world asset tokenization and green financial innovation, creating a replicable model that links green finance with the digital economy, and potentially strengthening its role in global carbon neutrality efforts and the evolving low‑carbon development ecosystem.

The most recent analyst rating on (HK:1372) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Carbon Neutral Development Group Limited stock, see the HK:1372 Stock Forecast page.

More about China Carbon Neutral Development Group Limited

China Carbon Neutral Development Group Limited is a Cayman Islands-incorporated company focused on carbon neutrality-related businesses, including carbon asset management and green finance solutions, primarily serving the global voluntary carbon market.

Average Trading Volume: 6,381,494

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.04B

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