Today, December 8, 2025, Tracer ($TRCR) has been listed on the global cryptocurrency exchange MEXC. This listing is expected to expand global accessibility to the token and open the project to more participants, while also bringing more liquidity opportunities for TRCR token holders.
This development coincides with a period of increasing policy momentum, market demand, and institutional focus converging around credible, high-integrity carbon removal solutions.
The recent COP30 demonstrated a clear shift towards implementation, and the global carbon removal market is experiencing rapidly rising momentum.
Rising Momentum in Carbon Markets
According to a report by Reuters, the European Union is set to introduce a 2040 target to cut emissions by 90 percent compared to 1990 levels. A significant portion of this target, up to 5 percent, may be met through high-quality international carbon credits. This policy would necessitate at least 200 million tonnes of credits and substantially increase demand under Article 6 of the Paris Agreement.
Article 6 of the Paris Agreement facilitates the trading of verified carbon credits between countries, enabling them to meet their climate commitments. This framework is crucial for establishing an international market for high-quality carbon removal projects.
Increased Focus on Transparency and Verification
A prominent theme at COP30 was the critical need for robust Monitoring, Reporting, and Verification (MRV) systems. Participating nations underscored that the global carbon markets can only achieve scalability if the credits traded are credible, traceable, and supported by transparent data.
The overarching direction indicates a global movement towards higher standards and enhanced accountability in carbon markets.
Fast-Growing Market Demand for Carbon Removals
Market pressure is also intensifying, with major technology companies continuing to drive record demand for durable carbon removals to offset emissions associated with artificial intelligence. Prices for long-term removal credits have surged to nearly four times those of traditional forestry offsets. Purchases have increased significantly, growing from 8 million tonnes last year to 25 million tonnes this year.
The global carbon credits market is projected for substantial growth, expected to expand from 2 billion dollars in 2022 to 143.5 billion dollars by 2032, according to Allied Market Research. This represents an average annual growth rate of 55.5 percent and highlights the rapid escalation of demand as both companies and governments strengthen their climate commitments.
Tracer's Alignment with Market Requirements
These market developments align directly with Tracer's core mission: to unlock a trillion-dollar opportunity by tokenizing real carbon removals.
Tracer functions as a governance and infrastructure protocol designed to bring credibility to the carbon market ecosystem. It ensures that every carbon credit meets rigorous standards for transparency and permanence.
Progress on Product Development
The Tracer team is making consistent progress on the development of its minimum viable product, focusing on building the core smart contract functionality and the initial version of the decentralized application (dApp).
Early milestones achieved on the testnet include the implementation of minting and transfer functionalities, purchasing logic, and the foundational components for verifiable carbon retirement.
These features are designed to establish the basis for a transparent carbon removal experience and directly support the global shift towards stronger MRV and increased accountability.
Individuals interested in joining the early tester group can sign up via the contact page on the Tracer website. Participation in the test team is welcomed.