Veyt and Abaxx Exchange enter strategic partnership to improve price discovery and market transparency for participants in carbon credit markets
The global carbon credit market is maturing, but fundamental challenges persist. Illiquid trading, fragmented venues, and inconsistent pricing across exchanges make it difficult for corporate buyers, intermediaries, and traders to value carbon credits with confidence. Without good reference prices or benchmarks, buyers risk overpaying and sellers risk under-pricing, leading to market inefficiency and suboptimal trading decisions for all participants. This is particularly true for REDD+ credits and Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) eligible emission units (EEU), where benchmarks are often incomplete.
To address these issues, Veyt and Abaxx Exchange have entered a strategic partnership to provide Abaxx’s exchange-based benchmark for carbon credit markets. Under the agreement, Abaxx will provide Veyt with daily settlement prices for its contract and Jurisdictional REDD+ (RD1) and CORSIA Phase 1 (CP1) futures contract. Veyt will incorporate this data into its independent carbon market intelligence platform, offering broader visibility across exchange-based trades and enabling customers to track real, comparable price signals.
The visibility of Abaxx’s benchmarks support a broad spectrum of market participants – including companies actively pursuing sustainability goals, aviation sector stakeholders, traders and brokers- by enhancing price transparency, comparability, and overall accessibility in carbon credit markets.
Key benefits for Veyt customers:
- Benchmark pricing grounded in real transactions: Veyt customers will have access to Abaxx’s CORSIA Phase 1 (CP1) and JREDD+ (RD1) futures contracts prices, providing a reliable reference point based on actual exchange activity.
- Improved price comparability across markets: Customers can now evaluate more futures contract prices from multiple exchanges on a more consistent and transparent basis.
- Expanded market intelligence: Abaxx futures data will be integrated into Veyt’s analytics platform, dashboards, and weekly global carbon credit reports.
- Stronger support for decision-makers: Traders, risk managers, corporates, and aviation stakeholders can make more informed procurement and portfolio choices.
“We are pleased to contribute pricing data to Veyt’s market intelligence platform, helping to bring more structure and consistency to carbon credit valuation,” said Alasdair Were, Head of Environmental Markets at Abaxx Exchange. “This partnership gives traders the tools they need to time market entry, assess value, and act with greater certainty in a still-evolving market.”
“By incorporating Abaxx Exchange’s settlement prices into our platform, we’re enriching the depth and sophistication of our analysis,” says Fitri Wulandari, Global Carbon Credits Analyst at Veyt. “This integration enables us to interpret key market signals more effectively and deliver sharper, more actionable insights to our customers, supporting more informed trading strategies in the dynamic carbon market.”
For more information about please request a tour of our market intelligence platform or contact us to speak with a Carbon Market expert.
Veyt: press@veyt.com
Abaxx Exchange: ir@abaxx.tech
About Veyt
Veyt is a leading provider of data-driven insights and analytics across global carbon and renewable energy markets. Our comprehensive solutions span Renewable Power, Power Purchase Agreements (PPAs), Renewable Fuels, European and Global Carbon Markets, and Global Carbon Credits. By integrating real-time data, scenario modeling, and policy analysis, we empower businesses and governments to navigate the complexities of the low-carbon economy. Our platform offers customisable dashboards, API access, and expert-curated insights, enabling stakeholders to make informed decisions, optimise decarbonisation strategies, and align with net-zero objectives. Recognised for excellence in climate research, Veyt is committed to transparency and actionable intelligence in the transition to a sustainable future.
About Abaxx
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.
Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.
Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.
