Xpansiv to Partner with Japan’s Enechain on Carbon Credits

Xpansiv to Partner with Japan’s Enechain on Carbon Credits
  • Firms will allow reciprocal access to each other’s platforms
  • Demand for credits is increasing among Japanese firms

Carbon credit exchange operator Xpansiv will partner with a Japanese startup to tap into rising demand for offsets in the Asian nation.

The US-based firm will link up with Enechain Corp.’s Japan Climate Exchange, which trades Japanese carbon credits — called J-Credits — and non-fossil certificates. The agreement will allow clients of the Tokyo-based firm to buy products including International Renewable Energy Certificates via Xpansiv’s platforms. The companies will also explore making J-Credits tradable on Xpansiv’s CBL exchange.

“The demand for these credits is rising in Japan, prompting Xpansiv and enechain to form this strategic partnership,” they said in a joint statement.