Xpansiv, a leading infrastructure provider for global energy transition markets, and the Korea Stock Exchange (KRX) announced the signing of a Memorandum of Understanding (MOU) to collaborate on the launch of the KRX Carbon Credit Market in Korea.

The collaboration seeks to support KRX’s voluntary carbon credit market, used in corporate emissions programs, Article 6 markets of the Paris Agreement, and compliance programs such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

As part of this strategy, KRX plans to link its carbon credit market with Xpansiv’s CBL, the largest spot carbon credit exchange. This integration will allow the market to launch with a broad order book and attract order flow from foreign institutions, boosting price transparency and market liquidity.

During the signing ceremony held on September 16, 2025, in New York, KRX President and CEO Eun-bo Jeong emphasized that the goal is to “drive Asia’s leading carbon market” and explore new opportunities for cooperation with Xpansiv. Xpansiv CEO John Melby noted that the collaboration will contribute to creating “more connected global markets” that enable stakeholders to meet their energy transition goals.

This partnership reinforces KRX’s position as one of the world’s leading compliance carbon market operators and strengthens Xpansiv’s role as a global provider of energy transition infrastructure.

Source and Credits to Xpansiv

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