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Ascend Bit and Carbonmark Join Forces to Drive Climate Action for Millions in Thailand

Dec 9

2 min read


Ascend Bit, a blockchain solutions company under the Charoen Pokphand Group, has partnered with Carbonmark, the global marketplace for environmental assets, to integrate carbon offset features into the TrueMoney Wallet. This innovative solution empowers 27 million users of the daily payment and financial service app to seamlessly offset their carbon footprint and achieve carbon neutrality with ease.


“At Ascend Bit, our mission is to harness the power of blockchain technology to deliver innovative solutions that benefit businesses and customers, ” said Apinand Dabpetch, Managing Director, Ascend Bit. “Our partnership with Carbonmark reflects this commitment, enabling TrueMoney Wallet, Thailand’s number one fintech application with over 27 million users, to seamlessly and transparently take meaningful climate action. By embedding cutting-edge blockchain technology into everyday transactions, we are empowering individuals to make a positive environmental impact while enhancing their financial experience. Together, we’re redefining the role of technology in fostering a greener tomorrow.”

This collaboration represents a significant step forward in integrating sustainability into everyday financial activities. By providing flexible options for carbon neutrality (7, 30, or 90 days) and access to blockchain-verified carbon credits, the partnership ensures users can confidently support environmental projects certified by globally recognized standards.

“We are proud to partner with Ascend Bit to make climate action more accessible for millions of individuals in Thailand through the TrueMoney Wallet. This collaboration empowers users to offset their individual emissions by supporting impactful projects such as forestry, renewable energy, and other vital initiatives that include positive social and economic co-benefits. We’re proud to work with Ascend Bit Corp to ensure that every purchase of carbon credits directly supports nature, contributes to a healthier planet, and enables people to align their daily choices with meaningful environmental action,” said Andrew Bonneau, Managing Director of Carbonmark.

Through this joint initiative, Ascend Bit and Carbonmark are not only empowering individuals to make a positive environmental impact but also setting an example of how technology can be a force for good in addressing the global climate crisis.


About Ascend Bit


Ascend Bit, a pioneer blockchain solutions provider within the Charoen Pokphand Group, leverages advanced blockchain technologies to drive innovation, support business growth, and enhance customer experiences across diverse industries. As a trusted technology partner for TrueMoney Wallet—Thailand's leading fintech application and the most downloaded local application of 2023—Ascend Bit contributes to the development and implementation of blockchain initiatives within the application.


For more information, visit www.ascendbit.com


For media inquiries, please contact

Charukan Kaewjinda, Head of Business at Ascend Bit

charukan.kae@ascendcorp.com


About Carbonmark


Carbonmark is a cutting-edge platform that connects nature to the global economy. By employing blockchain infrastructure, Carbonmark facilitates the seamless flow of environmental assets, ensuring transparent pricing, efficient settlements, and increased market confidence. Carbonmark is dedicated to scaling environmental markets and supporting climate action by simplifying access to carbon credits and other environmental commodities.


For more information, visit www.carbonmark.com.


For media inquiries, please contact Daria Frangopoulos, Head of Marketing at Carbonmark daria@carbonmark.com 

 

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