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FBS Wins First CSR Award for Making a Real Difference Across Asia

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SINGAPORE – Media OutReach Newswire – 30 July 2025 – FBS, one of the leading global brokers, proudly announces a significant achievement — its first award for Corporate Social Responsibility. At the CFI.co Awards 2025, FBS received the title “Excellence in Social Responsibility within the Forex Industry — Asia,” recognizing the company’s deep, ongoing commitment to giving back and making a real impact beyond trading.

FBS Wins First CSR Award for Making a Real Difference Across Asia
FBS Wins First CSR Award for Making a Real Difference Across Asia

This award is more than just a milestone, it reflects the depth and consistency of FBS’s CSR efforts. In the first half of 2025 alone, the company launched several meaningful initiatives focused on education, community support, and helping young learners across Asia and Latin America.

One of the recent highlights was the Project Warisan Holiday Camp in Malaysia, organized in partnership with SUKA Society. The three-day event brought together around 60 Indigenous students and 25 parents from rural Perak, offering interactive learning in English, science, financial literacy, and cultural heritage. Earlier this year, during Ramadan 2025, FBS donated $20 000 to support over 400 people in Malaysia and Indonesia with food aid, festive clothing, and celebration events.

These 2025 projects build on the company’s strong foundation of CSR in 2024, when FBS carried out 16 initiatives across seven countries, directly benefiting more than 14 000 people. From upgrading classrooms in Indonesia and South Africa to supporting refugee children in Thailand, FBS focused its efforts where help was needed most.

To highlight the impact of this journey, FBS created a dedicated CSR video capturing powerful moments from the field and launched a new section on its website, showcasing the people, partners, and stories behind every initiative.

At FBS, social responsibility is more than a one-time effort — it is a sustained commitment aligned with the company’s core values. This recognition from CFI.co reinforces the belief that a company’s success should be shared with the communities it touches.

FBS is proud to go beyond trading to create real-world change. Together with its clients and partners, FBS is building a future where opportunity is accessible to all — from classrooms to crisis zones.

Explore FBS’s full CSR journey at fbs.com/social-responsibility.
Hashtag: #FBS #CSR #Charity



The issuer is solely responsible for the content of this announcement.

About FBS

is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia). With 16 years of experience and over 100 international awards, FBS is steadily developing as one of the market’s most trusted brokers. Today, FBS serves over 27 000 000 traders and more than 700 000 partners around the globe.

WePlay Partners with Japanese Animal Welfare Organizations to Launch Stray Animal Rescue Initiative

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TOKYO, July 30, 2025 /PRNewswire/ — WePlay, the next-generation global social entertainment platform, officially announced a deep charitable partnership with the renowned Japanese animal welfare organizations “NPO Minashigo Rescue Team for Dog & Cat Adoption” and “Japan Dog and Cat Protection Association.” Together, they launched the “Happy Pets Happy World” public welfare campaign aimed at rescuing stray animals in Japan. This initiative not only embodies WePlay’s commitment to social responsibility but also seeks to leverage innovative online interaction models to engage Japanese users and contribute to the welfare of stray animals.

Image provided by WePlay
Image provided by WePlay

The Stray Animal Situation in Japan

Japan has made significant progress in stray animal protection in recent years. Data shows that the number of dogs and cats euthanized has dramatically decreased from peak levels (once nearly a million annually) to a historic low in 2022, resulting in approximately 3,000 dogs and 9,000 cats euthanized annually. Although euthanasia rates have dropped, challenges like shelter overcrowding and insufficient veterinary resources remain.

WePlay’s Charitable Mission: Bringing More Joy and Love to the World

As a social entertainment platform under WeJoy, WePlay deeply understands that “joy” stems not only from games and social interaction but also from caring for life and the power of giving back to society. This partnership with the animal welfare organizations marks a significant step for WePlay in actively fulfilling its Corporate Social Responsibility. WePlay aims to leverage the advantages of its platform to build a bridge for users to participate in public welfare.

“Happy Pets Happy World”: Online Interaction, Offline Care

For this specific initiative, WePlay will donate a total of 1,660.5 kg of cat food to the animal welfare organizations. During the campaign, users can pledge a virtual pet. The “Love Points” accumulated through daily interactions will be transformed into tangible supplies.  WePlay looks forward to the “Happy Pets Happy World” campaign serving as an opportunity to join hands with users to create a sky full of love for Japan’s stray animals, helping them achieve a happier and more dignified future.

About WePlay

WePlay, a global social entertainment platform under Singapore-based Wejoy, integrates games, entertainment, and social features. With a mission to “Bring joy and friends to young people around the world” and a vision to “Bring people together through games, lead the trend of global online social entertainment,” WePlay is committed to co-create an innovative era of gaming and social experiences.

Thailand Says Cambodia Breaks Truce Again as Phnom Penh Denies Allegations, Calls for International Monitors

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Phontham Visapra
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Tensions have flared once again along the Thailand-Cambodia border as both countries trade accusations over the violation of a newly brokered truce agreement. 

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Carbon Stablecoin Framework Patented by Singapore’s Alpha Ladder Group, Advancing Sustainable and Equitable Cross-border Payments & FX Infrastructure

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The patented Carbon Stablecoin Framework powers a new era of scalable, regulated and sustainable cross-border payments and FX.

SINGAPORE, July 30, 2025 /PRNewswire/ — Alpha Ladder Group Pte. Ltd. (ALG), Singapore’s digital green group, is proud to announce that its AI ESG subsidiary, MVGX Tech Pte. Ltd. (MVGX), has been granted patent protection in Singapore for its CNT® Carbon Stablecoin framework,  a blockchain-native system that converts verified decarbonisation activities into programmable carbon-backed stablecoins.

CNT® Carbon Stablecoin Framework: A Patented Innovation by MVGX, a Subsidiary of Alpha Ladder Group
CNT® Carbon Stablecoin Framework: A Patented Innovation by MVGX, a Subsidiary of Alpha Ladder Group

This patented system forms the backbone of Alpha Ladder Group’s global digital green infrastructure. It authenticates real-time decarbonisation data, converts it into carbon credit assets, and tokenises them into carbon stablecoins with audit-grade precision. In doing so, it  elevates carbon from a niche asset class into a programmable financial instrument for cross-border payments & FX trading, laying the foundation for a sustainable and inclusive financial system that rewards verified net-zero efforts.

From Real-World Carbon Data to Programmable Carbon Stablecoins  

The CNT® patent (SG 11202307853U), titled “Method and System for Trading Assets and Their Carbon Footprint Status“, initially filed in July 2021, was approved under the international Patent Cooperation Treaty before being granted in Singapore. Powered by IoT sensors and AI technologies, the CNT® patent framework represents a next-generation system of decarbonisation-anchored smart contracts that dynamically, uniquely, and transparently reflects the decarbonisation process of real-world assets—ranging from energy efficiency for buildings, renewable energy infrastructure for power grid, reforestation projects, and direct air capture for carbon sequestration.

The framework also addresses regulatory and market complexities arising from Nationally Determined Contributions (NDCs) and Article 6 of the Paris Agreement. The CNT® patent leverages a structure similar to American Depository Receipts (ADRs), enabling the separation of national identity from environmental and financial characteristics of a verified carbon credit, a capability empowered and enhanced by robust distributed ledger technologies.

Built on NFDT®: Digital Twins for Real-World Asset Tokenisation

The CNT® patent is built on top of the Non-Fungible Digital Twin (NFDT®) technology, a foundational framework for Real-World Assets (RWA) tokenisation with a blockchain-native architecture, designed to represent real-world assets digitally with evolving performance and operational characteristics. The NFDT® technology was also approved under the international Patent Cooperation Treaty, with patent recently awarded to Alpha Ladder Finance Pte. Ltd., another subsidiary of Alpha Ladder Group.

From Decarbonisation to Carbon Stablecoins: Verified & Tokenised

The first proof-of-concept (POC) for CNT® carbon stablecoin was launched in September 2021 and issued as a Collective Investment Scheme (CIS) unit token under Singapore’s Securities and Futures Act (SFA).

This early carbon stablecoin was backed by Chinese Certified Emission Reduction (CCER) carbon credits, generated from a wind power project in Zhangjiakou City, co-host of the 2022 Winter Olympics. The project was verified and registered with China’s national carbon credits registry.

To ensure transparency and accountability, NFDT technology was utilised to create a unique, traceable, and tamper-proof digital representation of each carbon credit.

Through the CNT® tech platform and the Capital Markets Services Licences (CMSL) of Alpha Ladder Finance (formerly Cyberdyne Tech Exchange), the carbon stablecoins were issued and test-traded with another financial institution. The goal: to explore digitalised voluntary emission reduction (VER) trading without interfering with Nationally Determined Contributions (NDCs).  

Investors can either trade CNT® carbon stablecoins or deactivate them permanently to achieve carbon neutrality, generating a blockchain-verified Carbon Neutrality Certificate in the process.

Unlike static and legacy carbon registry models, this patented system anchors each carbon reduction activity or asset to a live and unique digital twin that evolves over time. Emission reductions are kept in a permanent record, verified against national registries, and linked to smart contracts that manage the creation and deactivation of carbon stablecoins.

Dual Accounting for a Decarbonised Portfolio Strategy

The CNT® patent’s claims also govern the activities by organisations to establish platforms to trade financial instruments with a carbon footprint tag. Considering carbon balance sheets in a similar manner as financial balance sheets, such a dual monetary-and-carbon accounting system for financial instruments allows investors to optimize both value and carbon footprint of their investment portfolios, creating potential Pareto optimisation for asset allocation, with both financial and environmental impacts in consideration.  

At its core, this CNT® patent innovation enables programmable decarbonisation. Whether it is  for an office building, power plant, or major public event, each asset is given a birth certificate on-chain, with follow-on decarbonisation data linked through a time series of smart contracts. The system lets exchanges, companies, investors, and external auditors check decarbonisation performance in real-time and monitor total impact with digital rigour.

Carbon Stablecoin for Cross-Border Payments: A New Digital Green Infrastructure that is Sustainable, Equitable and Scalable

With over US$190 trillion in annual cross-border payment and US$7 trillion in daily foreign exchange trading, the global payments and FX ecosystem remains dependent on a complex, fragmented network of legacy systems. Blockchain and distributed ledger technologies were originally envisioned to solve these challenges. However, while Bitcoin was a pioneering innovation, it evolved into an energy-intensive and environmentally unsustainable asset. Its limited scalability and high transaction costs made it unsuitable for cross-border payments. Instead, it has become widely regarded as “digital gold”, a value-preservation and appreciation assets.

In contrast, stablecoins backed by fiats such as USD, operating on more efficient blockchains such as Ethereum and Solana, have gradually emerged as the leading application of blockchain technology for enabling efficient, scalable, and near real-time cross-border payments.

To address this, MetaComp Pte Ltd, another subsidiary of Alpha Ladder Group and a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services and Cross-border Money Transfer services, recently announced the launch of StableX, a next-generation infrastructure platform purpose-built for cross-border FX payments powered by stablecoins.

StableX features an intelligent routing engine that dynamically determines the most efficient rail for each transaction — evaluating factors such as cost, speed, and settlement certainty. It facilitates non-USD to non-USD currency flows, processing transactions either via supported stablecoins (e.g., USDT, USDC, FDUSD) or traditional USD rails, depending on which delivers the best outcome.

For example, when a client initiates a transfer in Singapore Dollars (SGD), StableX may route the transaction through a supported stablecoin or USD before converting it into United Arab Emirates Dirhams (AED). This intelligent orchestration enables faster settlement, reduced friction, and continuous access to liquidity — transforming how institutions move money across borders.

By integrating the StableX engine, the Non-Fungible Digital Twin (NFDT®) platform, and the CNT® carbon stablecoin framework, Alpha Ladder Group furthers its mission of “Digital Green Transformation with Technologies” by building a next-generation “Alpha Digital Green Infrastructure”. Powered by CNT® carbon stablecoins, this infrastructure is designed to make cross-border payments and global foreign exchange not only more sustainable, but also equitable and scalable, setting a new standard for responsible financial innovation.  

Unlike conventional intermediaries, the CNT® carbon stablecoin can only be created through verified decarbonisation effort such as reforestation and is issued on energy-efficient blockchains. This makes CNT® a carbon-negative intermediary by design — a meaningful innovation that contributes directly to sustainability goals while enabling faster, low-friction global transactions.

Moreover, any country with an established carbon registry system and verifiable processes can participate in issuing CNT® carbon stablecoins. This approach democratises stablecoin issuance, allowing nations actively pursuing net-zero goals to benefit from transparent and programmable access to green finance.

At a time when global carbon emissions have reached 41.6 billion tonnes (2024), the ability to scale a unified, trusted, and programmable infrastructure for carbon-linked digital finance is no longer optional, it is essential.

“In physics, the Big Bang is believed to have created equal amounts of matter and antimatter,” said Dr. Bo Bai, Executive Chairman and Co-Founder of Alpha Ladder Group. “In 2019, I began exploring what the “antimatter” equivalent of Bitcoin might be. Bitcoin functions as a digital intermediary, scarce in supply, increasingly difficult to produce, yet highly energy-intensive and environmentally damaging. I envisioned a digital intermediary with similar scarcity and production difficulty, but with the opposite environmental effect; one that contributes positively to reducing the global carbon footprint. That pursuit led to the concept of CNT® carbon stablecoins, a sustainable and equitable antimatter of Bitcoin.”

Dr. Bai added: “The journey to create a sustainable and equitable digital intermediary through technology innovation has been a long-term commitment, a marathon I’ve dedicated the past six years to. This patent represents a meaningful milestone, but the vision extends far beyond. I’m deeply grateful and fortunate to pursue this vision in Singapore, a global hub with a trusted business environment and a regulator like the Monetary Authority of Singapore (MAS) that combines rigour with progressive thinking.”

This announcement comes at a time of accelerating demand for stablecoin-powered cross-border payments & FX, alongside rising expectations for trusted carbon infrastructure. As regulators, capital markets, and consumers call for a new generation of digital green infrastructure, this patented framework positions Alpha Ladder Group at the forefront as a regulated, interoperable, and impact-driven digital green infrastructure builder for a sustainable future.

About Alpha Ladder Group

Alpha Ladder Group (formerly MVGX Holdings) is a leading Digital Green Group shaping the future of financial innovation, financial technology, and sustainable technology. With a growing portfolio of subsidiaries, we deliver capabilities across climate SaaS, stablecoin enabled payment and wealth services, and green impact investments.

Driven by cutting-edge technologies such as blockchain and AI, we empower sustainable investments, build digital financial infrastructure, and pioneer wealth innovation. Through our vision of Digital Green Transformation with Technologies, we’re building a smarter, more resilient, and responsible financial ecosystem—one that mirrors the universe’s own journey from elemental simplicity to structured brilliance.

At Alpha Ladder, our name isn’t just symbolism – it’s how we move the world forward to pursue infinite alpha, one particle at a time.

To learn more about us, please visit www.alphaladder.com.

About MVGX Tech 

MVGX Tech, a subsidiary of Alpha Ladder Group and headquartered in Singapore, is a pioneer in sustainability compliance solutions across seven key markets in Asia-Pacific, with a growing presence. We offer a comprehensive suite of services, including digital measurement, Reporting, and Verification (MRV), regulatory compliance reporting, carbon credit advisory and trading, capacity building, and access to green finance.

Leveraging proprietary AI inference models and the region’s most extensive emissions factor database, MVGX streamlines sustainability compliance, making it simpler, scalable, and seamless. Our plug and play solutions enable businesses to lower the cost of regulatory compliance while unlocking capital —whether by securing green finance or monetising carbon credits.

Discover how MVGX is shaping the future of sustainability compliance at www.mvgx.com.

Beijing Review: Bridge of Hearts

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Advertorial Desk
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BEIJING, July 30, 2025 /PRNewswire/ — On July 17-22, the U.S. Youth Ambassadors in Xiamen program brought 27 students and teachers from Baltimore, Maryland and Orange County, California, to Xiamen for an immersive cultural and friendship exchange.


On July 17-22, the U.S. Youth Ambassadors in Xiamen program brings 27 students and teachers from Baltimore, Maryland and Orange County, California, to the southeastern coastal Chinese city in Fujian Province for an immersive cultural and friendship exchange.

Xiamen is home to one of the first four special economic zones in China, established in the early 1980s. Dubbed a window of the country’s opening-up, it has been at the forefront of pursuing high-quality development on all fronts.

On the morning of July 19, American and Chinese youth visited the Wuyuanwan (Wuyuan Bay) Wetland Park, often referred to as the “green lung” of Xiamen. There, they participated in a “nature classroom” focused on the city’s efforts to harmonize human activity with nature—particularly through its wetland bird conservation initiative.

The city’s transformation, particularly the revitalization of Wuyuan Bay and Yundang Lake since the mid-1980s, stood out as remarkable examples of ecological restoration and urban planning.

Once polluted and neglected, Wuyuan Bay has been rehabilitated into Xiamen’s iconic “guest house,” while Yundang Lake now boasts clear water and thriving wildlife.

Since 2002, Xiamen has undertaken a succession of renovation and development projects in five bay areas, namely, Haicang, Wuyuan, Xinglin, Tongan and Maluan. By dredging seawall openings, restoring mangrove shorelines and revitalizing beaches, it has created a pleasant living environment around the bays.

“What has impressed me the most is definitely the wildlife here. Learning that there are over 500 different species of animals or different birds here is very impressive,” Janelli Moriah Gonzalez, a student from Bard High School Early College (Baltimore), said.

Aaron Israel Nava, a student from Orange County Music & Dance, hailed it as a “cool and unique experience.” “As for the nature here, it’s a lot more greenery, and you see a lot more trees than I’m used to in California. I feel like China has embraced more nature than the U.S., considering a lot of the highways and the streets are filled with bushes and trees,” he said.

As part of the visit, the participating youth also planted “friendship trees” and signed them with their names.

Chelsea Nakabayashi, a faculty member at Bard High School Early College (Baltimore), said, despite the heat and humidity in Xiamen, where temperatures reached 34 degrees Celsius that day, “[the American youths] just got right to work. They really appreciated the opportunity to engage.”

“I’ve heard the saying that planting a tree is like planting a life,” Nakabayashi said. “I think we share a similar idea with China—one of growth, continuity and hope, even in challenging times.”

Nakabayashi began learning Chinese in high school and first came to China in the 1980s. She eventually earned a Ph.D. at Beijing Normal University and became a dedicated educator. Reflecting on her journey, she emphasized the importance of early connections in shaping future relationships.

“It’s sentimental to know that something we’ve planted here will continue to grow, even after we return to America. It’s a lasting connection—something we’ll always share with our Chinese friends. As it grows, I hope our friendship grows with it,” Gonzalez said.

Copy edited by Elsbeth van Paridon
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Edgen Introduces Subscription Model and Expands Language Support for Global Users

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Advertorial Desk
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 These new features aim to refine the user experience while widening access to market intelligence

HONG KONG, July 30, 2025 /PRNewswire/ — Edgen, the AI-driven market intelligence platform, has announced the launch of its new multitiered subscription model alongside expanded language support for multiple countries.

Edgen Pro Is Live
Edgen Pro Is Live

After operating in an open-access format during its beta period, Edgen’s suite of real-time market analytics tools will now be available under a tiered subscription framework. The updated model introduces three main plans: a Free version with core features, a Pro version that unlocks advanced features and daily aura rewards, and an Expert version for professionals seeking to delve into deeper contextual layers.

The change reflects both an increase in infrastructure scaling and a rise in computational demand, particularly as usage patterns shift from one-off queries to recurring, workflow-level reliance. In short, the infrastructure had to keep pace as the queries grew larger, and the thinking became more demanding, and somewhere along the way. Edgen’s new model balances load, sustains signals for all users, while ensuring the system remains responsive when it matters, especially for users seeking a more premium level of analytics.

“Across the board, we saw users go from testing a few prompts to integrating Edgen into their daily process,” said Sean Tao, CEO & Co-Founder of Edgen. “That kind of behavioral shift changes the expectation of precision, continuity, and latency. Subscription allows us to meet that shift head-on.”

Concurrently, Edgen has expanded its supported interface languages to include Simplified Chinese, Traditional Chinese, Korean, Vietnamese, Spanish, Turkish, and French, in addition to English. This is part of an effort to broaden interpretability and reduce friction for the non-English-native majority of users, who remain underrepresented in high-frequency trading tools and real-time intelligence layers. With multi-script search, localized token names, and prompt guides adapted per language, the intention is to maintain precision while allowing fluency to vary.

The subscription system and language support update comes at a moment when Edgen is experiencing increased usage from institutional desks, trading DAOs, and independent analysts alike, each with different needs, yet often overlapping time constraints. The platform’s shift to a hybrid model, with usage-based differentiation, is designed to absorb that variance without splintering the user base.

About Edgen
Edgen is the leading AI-powered market intelligence operating system. Through its proprietary Efficient Decision Guidance Model (EDGM), the platform transforms high-barrier institutional-grade strategies into universally accessible smart tools. Pioneering the “Cognition-as-a-Service” (CaaS) architecture, Edgen integrates modular AI agents, real-time social sentiment analysis, and on-chain analytics to empower retail traders and independent analysts to navigate markets with institutional-grade precision.

Backed by funds such as Framework Ventures and North Island Ventures, Edgen’s technical team combines former Wall Street quantitative trading experts and core Web3 protocol developers, collectively building the cognitive infrastructure for next-generation open finance.

Website: https://www.edgen.tech/

X/Twitter: https://x.com/EdgenTech

Hong Kong Lawyers Gain a Personalised AI Assistant with the Commercial Launch of Lexis+ AI with Protégé

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Advertorial Desk
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Developed with customers leading the next wave of legal AI innovation, Lexis+ AI with Protégé uses AI agents and generative AI, grounded in proprietary LexisNexis Hong Kong content, for next-level productivity and outcomes

HONG KONG, July 30, 2025 /PRNewswire/ — LexisNexis® Legal & Professional, a leading global provider of AI-powered analytics and decision tools, today announced the commercial availability of Lexis+ AI with Protégé in Hong Kong, marking a major milestone in the evolution of legal technology across Asia.

A Personalised Legal Assistant for the Hong Kong Market

Lexis+ AI with Protégé is a personalised AI assistant that intelligently powers productivity, drives next-level work quality, and enables legal and business professionals to unlock new economic value. Built with the highest levels of security, compliance, and privacy, and developed responsibly with human oversight, agentic AI capabilities in Protégé can autonomously complete tasks based on user goals, including reviewing its own work and identifying areas where it can improve its own output.

“At LexisNexis, we’re committed to driving better outcomes by unlocking new levels of efficiency and value in legal work to help our customers thrive,” said Michael Sit, Managing Director of LexisNexis Greater China. “Our goal is for every legal professional to benefit from a personalised AI assistant that enhances their daily work, and we’re proud to deliver that through our fully integrated, world-class AI platform.”

Leveraging proprietary agentic and generative AI technology from LexisNexis, Lexis+ AI with Protégé can:

  • Enable users to upload and analyse transactional documents to conduct streamlined, systematic analyses with speed and accuracy, and help the user refine their argument.
  • Ask questions of or summarise large, complex documents of up to 1 million characters or approximately 300 pages—a 250% increase over previous processing limits.
  • Draft full, personalised transactional documents, as well as litigation motions, briefs, and complaints with Draft Mode, and check its own work before turning them over to human legal professionals for final review. Documents can be further edited directly in Lexis+ AI or exported to Microsoft Word.
  • Generate a graphical timeline of events from uploaded documents.
  • Suggest legal workflow actions based on the type of documents uploaded (e.g., Draft a Legal Memo, Summarise, Draft an Argument) and dynamically generate follow-up prompts that are personalised to the lawyer’s workflow.
  • Provide prompt assistance, proactively suggesting refinements to queries to help the user accomplish their goals efficiently.
  • Allow users to securely upload and save tens of thousands of legal documents to Protégé Vault. On each Vault, users can perform numerous AI tasks to summarise, draft, analyse, and more.
  • Draft deposition questions based on fact patterns, descriptions of witnesses, and other relevant information.
  • And much more.

Customers can enjoy most of these features now, and more in the coming months.

Transforming Legal Workflows

The Hong Kong launch follows the successful rollout of Protégé in the United States earlier this year, and positions the region as a leader in legal AI innovation in Asia.

The LexisNexis global technology platform seamlessly integrates each wave of AI innovation, including extractive AI, which finds relevant results within data and provides deep insights; generative AI, which excels at creating new content from data based on user-entered prompts or instruction; and now agentic AI, which can intelligently and independently perform tasks on a user’s behalf.

To learn more about Lexis+ AI Hong Kong, visit: https://www.lexisnexis.com/en-hk/products-and-services/online-solution/lexis-plus-ai

To become a Lexis+ AI Insider and be among the first to receive essential updates on the development of legal AI tools at LexisNexis, visit: https://www.lexisnexis.com/en-hk/products-and-services/online-solution/ai-insider

About LexisNexis AI Development

LexisNexis customer-driven AI innovation focuses on analytics and decision tools that solve complex problems and enhance value. The company responsibly develops safe AI solutions with human oversight, backed by advanced encryption and privacy technology. Its global technology platform seamlessly integrates extractive, generative, and agentic AI within a scalable, multi-cloud infrastructure to drive rapid innovation and continuously improve answer quality, accuracy, and speed. A proprietary Retrieval Augmented Generation (RAG) platform grounds large language model (LLM) answers in a comprehensive repository of trusted legal content and metadata, delivering high-quality answers and validated citations. Its multi-model approach selects the best AI model for each use case, and model fine-tuning ensures high performance of domain-specific, personalized LLMs, supported by partners OpenAI, Mistral, Anthropic, AWS, and Microsoft. The company employs over 2,000 technologists, data scientists, and experts to develop, test, and validate solutions in line with RELX Responsible AI Principles.

About LexisNexis Legal & Professional

LexisNexis® Legal & Professional provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,800 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

Allianz Commercial: Insurance market for hydrogen could reach more than US$3 billion by 2030

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Advertorial Desk
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  • Hydrogen demand could increase fivefold by 2050, while clean production may rise to 60% by 2035, driven by significant investments and planned projects globally.
  • While market potential for hydrogen is very high, there are lots of unknown variables and risks for setting up a robust and secure infrastructure.
  • The insurance sector has an important role to play in the hydrogen economy, addressing risks across the supply chain, from construction and production through to the end user, and through direct investment.

SINGAPORE – Media OutReach Newswire – 30 July 2025 – Hydrogen will play a crucial role in driving the green transition with demand expected to surge in the coming decades. Around 60 governments have adopted hydrogen strategies, while the number of planned projects is already exceeding 1,500 globally compared to around 200 in 2021 – an increase of around 600%. To realize these projects, a total investment volume of US$680bn until 2030 may be needed, according to the Hydrogen Council and McKinsey, which will trigger a greatly increased demand for insurance to protect against risks as this investment is activated. Europe is leading the way by far with 617 planned projects and the highest total investment announced at $199bn.

While the potential of hydrogen is undoubtable, there are still challenges and headwinds to overcome. The potential size and scope of the hydrogen economy will depend on a range of factors including the evolving political, trade, and economic environment, as well as demand. Policymakers and regulators need to address costs for the development of the infrastructure, so that scaling up at a competitive level towards other energy sources is possible. Across all industries, stringent safety measures will be vital to manage hydrogen’s inherent risks. This is where the insurance industry comes into play. As hydrogen becomes integrated into the global economy, insurers can expect to see a significant increase in demand for coverage, with Allianz Commercial expecting the insurance market for hydrogen project coverage to grow to over US$3 billion in premiums by 2030.

“Insurers have a key role to play in the development of the hydrogen economy, enabling investment and innovation, and providing risk management advice and guidance. Collaboration and knowledge-sharing within this industry are essential for developing best practices and building expertise. By addressing these multi-faceted challenges, the insurance sector can support the growth of the hydrogen economy and help facilitate the transition to net-zero emissions,” says Anthony Vassallo, Global Head of Natural Resources at Allianz Commercial.

Hydrogen offers great potential in Asia Pacific, but challenges and risks remain

While it holds much promise and has been used in the chemical and refinery sectors for many decades, with risks such as fire, explosion and embrittlement being already well-known, the integration of hydrogen into other industries brings a range of challenges with currently planned mega projects requiring a scale-up of risk management. Energy production facilities will involve hydrogen storage and high-temperature combustion, which can lead to leaks and explosions. In transport, applications like hydrogen fuel cell vehicles will also face risks of hydrogen embrittlement and leaks. Port operators, bunkering facilities and fuel handlers will need to manage highly flammable and cryogenic hydrogen fuels, bringing accident and contamination risks.

“Hydrogen holds significant promise in driving the energy transition across the Asia Pacific region, and we are already seeing power generation projects being developed that are designed to run with hydrogen as a potential fuel source. Further collaboration between countries can also be expected, in areas such as storage and transportation infrastructure, that will help to accelerate the deployment of hydrogen in the region. Allianz Commercial, with its proven expertise in low-carbon and energy sectors, is dedicated to supporting clients on their sustainability journey,” adds Trent Cannings, Regional Head of Natural Resources & Construction and Head of Specialty Hub at Allianz Commercial Asia Pacific.

Risk management and mitigation are crucial for hydrogen projects

Given hydrogen’s unique properties and high combustibility, ensuring safety throughout the value chain is crucial. Analysis of hydrogen-related incidents shows that undetected leaks can easily lead to explosions; equipment design, maintenance and training can help prevent the escape of flammable hydrogen gas, while the risks of ignition can also be reduced by locating hydrogen facilities in the open. Embrittlement risks can be managed using hydrogen-compatible materials and specifically designed resistant coatings. In addition to preventing incidents, organizations can take steps to limit the extent of property damage, business interruption, and third-party liability. Buildings and facilities should be designed and constructed to withstand natural hazards, fire and explosion, and limit damage to adjacent property and equipment. Robust hydrogen leak detection and isolation systems are also paramount. Human error is also a common factor in large losses. Operational, safety, emergency procedures, and training should be frequently updated, including having robust and well-rehearsed plans in place for accidental releases.

“Given the wide reach of the hydrogen value chain and its potential uses, the implications for insurance could be far-reaching, touching on multiple sectors and lines of business over the next decade. However, from an exposure and potential claims perspective, product lines such as Energy, Natural Resources and Liability are likely to see the biggest impact from hydrogen risks over the next five to 10 years, followed by Property and Marine,” explains Vassallo.

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About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, , and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and risk transfer solutions, outstanding and services as well as seamless handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2024, the integrated business of Allianz Commercial generated around €18 billion in gross premium globally.

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