ProMEX is a Hong Kong based startup and fintech award winner of Outstanding Digital Carbon Credit Marketplace Platform in 2022. ProMEX’s trading platform gives users a transparent central order book allowing them to trade directly without intermediaries, and with its latest listing creating a convenient carbon marketplace where buy and sell orders are continuously matched and resulting transactions are settled instantly for both sides. Customers can conveniently and transparently discover prices and execute trades using the current cash value of their assets on a regulated and trusted platform. ProMEX delivers an end-to-end digital experience on its carbon credit marketplace, eliminates settlement risk and allows users to retire or transfer carbon credits easily on its app.
Voluntary carbon markets form an integral part of an ecosystem to help address climate change. While the current market size is about USD2.8 Billion, the industry is still in its early stages in Asia and is expected to grow exponentially. More importantly, the carbon market requires more education, social awareness and participation. The first voluntary carbon credit listed on ProMEX has been certified and registered with Gold Standard and is selected and offered by Climate Finance Asia, an established ESG firm with offices in Hong Kong and Singapore.
“We are very excited about this important milestone and being a part of this global initiative. ProMEX brings simplicity and efficiency to trading carbon credits with an intuitive mobile application. Following today’s opening, any verified individuals or corporations can buy, hold, sell, transfer or request retirement certificates of carbon credits, without hassle by simply downloading the app from their preferred app store to join the platform. Everyone is welcome to trade and retire a minimum quantity of 1 ton of CO2 to contribute to climate change! We will continue to list more voluntary carbon credits with our ecosystem partners to give our users more choice.” said Mark Ho, Co-Founder & CEO of ProMEX.