Xpansiv, the global leader in infrastructure for energy transition markets, has progressed through the first-stage screening in the Financial Innovation category at the 2025 Tokyo Financial Award.
Organised by the Tokyo Metropolitan Government, the awards honour companies in the financial services industry that drive innovation and promote a more sustainable society, reaffirming Tokyo’s reputation as an international hub for finance and technology.
Xpansiv’s recognition follows its strategic partnership with enechain, Japan’s premier energy marketplace operator. The collaboration connects enechain’s Japan Climate Exchange (JCEX) with Xpansiv’s CBL spot exchange—the world’s largest online marketplace for carbon credit trading and settlement—via the Xpansiv Connect™ infrastructure. This integration offers Japanese participants seamless, one-click access to the global spot market.
The initiative aims to enhance liquidity, price transparency, and the range of products available, helping to bridge Japan’s anticipated annual shortfall in domestic J-Credit supply.
Ben Stuart, Chief Commercial Officer at Xpansiv, said, “Through our partnership with enechain, we’re expanding access to global environmental markets for Japanese companies, supporting their decarbonisation goals with transparent access to high-quality credits and efficient, secure market infrastructure.
“Being selected in the first stage screening for this award recognises the innovative solutions enechain and Xpansiv have developed for Japanese businesses. We view Japan as a progressive market that actively seeks this style of innovation as a means to help lead the global energy transition, while attracting global leaders in their fields of expertise to help accelerate its growing domestic sustainability ecosystem.”
Hideaki Kato, Executive Vice President at enechain Corporation, said, “We are delighted that Xpansiv has been selected in the first stage screening for the award. As one of the world’s largest and most trusted platforms for voluntary carbon credit trading, Xpansiv has been an invaluable partner to enechain. With demand for carbon credits expected to grow in Japan, we look forward to strengthening our collaboration and pioneering Japan’s carbon market together by promoting a transparent and efficient trading environment.”
Xpansiv is among 15 companies to pass the initial round of screening, and notably, one of only five international firms to achieve this distinction.