Climate Impact X migrates to Yaala Labs’ P8 Platform

Thursday, 20 November 2025 02:56 - - {{hitsCtrl.values.hits}}

Yaala Labs, the global market infrastructure provider, has announced the successful implementation of its P8 platform at Climate Impact X (CIX), powering its Exchange and Auction services for a growing portfolio of environmental products.

Headquartered in Singapore with offices in London, CIX is backed by DBS Bank, GenZero, Japan’s Mizuho Financial Group, Singapore Exchange (SGX Group), and Standard Chartered.

Powered by Yaala Labs’ cloud-native P8 technology, CIX has unified its Exchange, Marketplace, Clear and Auction services onto a single, seamless platform. This next-generation integration delivers simpler access, faster trade execution and settlement, and enhanced portfolio and custody capabilities—empowering clients to efficiently manage a broad spectrum of environmental products and standardised contracts.

Designed for corporates, project developers, intermediaries and traders alike, the new CIX Exchange platform delivers end-to-end transaction support—reinforcing market integrity and driving capital toward high-impact climate solutions.

Yaala Labs’ P8 is next-generation market infrastructure that supports issuance, secondary trading, clearing, settlement and custody across multiple asset classes and market structures.

Yaala Labs CEO Lalin Dias said: “We are delighted to support Climate Impact X as they continue to build best-in-class solutions for corporates, project developers and intermediaries on our collective road to net zero. We are proud that our twenty-five years of market technology experience continues to be useful in the carbon markets.”

Climate Impact X Chief Operating Officer Mark Glossoti said: “Partnering with the Yaala Labs team enabled us to consolidate all our trading venues into a single, integrated cloud platform—while preserving the unique features of each market. Time to market was critical, and Yaala Labs successfully delivered the solution, demonstrating both the versatility of their technology and their ability to launch new markets at speed.”