TradeGo

What TradeGo does

TradeGo is a digital trade technology platform that provides blockchain-based electronic documentation, digital identity, and trade finance infrastructure for international bulk commodity trade. The company originated in 2017 with China's first blockchain-based crude oil import pilot, formalized its joint venture structure in 2019 with eleven founding shareholders — Sinochem Energy, PetroChina International, Bank of China, China Construction Bank, Saudi Aramco Energy Ventures, COSCO Shipping Energy, China Merchants Energy Shipping, Macquarie Commodities and Global Markets, Mitsui & Co., and Wanxiang Blockchain — and brought its platform live in October 2022. It operates from Beijing (corporate headquarters), Ningbo (R&D), and Singapore (regional headquarters for international markets). TradeGo's core product suite comprises TradeDocs (electronic bill of lading and full lifecycle management of electronic transferable documents, approved by IGP&I), BunkerGo (electronic bunker delivery notes approved by Singapore's MPA as a Whitelisted Digital Bunkering Solution), TradeSign (blockchain-based electronic contracts with proof-of-existence), vLEI (GLEIF-certified verifiable Legal Entity Identifiers for organizational digital identity), and TradePay (stablecoin-based trade finance combining eBL pledging with on-chain lending). The underlying architecture combines a blockchain distributed ledger with IPFS document storage, ensuring immutability, tamper-resistance, and a multi-level privacy model where plaintext is only visible to transaction parties and the platform itself cannot access commercial data.

TradeGo serves commodity trading companies, banks providing trade finance, shipping companies, and port terminals, with operations across 11 countries and regions including China, Singapore, Australia, Europe, the Middle East, Japan, Thailand, Sri Lanka, and Latin America. Revenue is generated through transaction and service fees on eBL issuance, transfer and surrender, digital bunkering services, and electronic contract services — a transaction-fee and subscription-based B2B model. Go-to-market operates through two channels: direct enterprise sales leveraging the founding shareholders' networks of commodity traders, banks, and shipping fleets; and a banking partner channel where major Chinese banks (Bank of China, ICBC, CITIC Bank, SPD Bank, Ping An Bank, Industrial Bank, Hengfeng Bank) embed TradeGo's digital document solutions into their trade finance offerings to corporate clients. TradeGo supports DCSA, BIMCO, and FIATA eBL standards, and maintains interoperability with WaveBL, Enigio, Contour, MineHub, PlatON, WSPN, SGTraDex, EFFITRADE, Conflux Network, and AnchorX — positioning itself as a neutral cross-border interoperability layer rather than a carrier-controlled platform.

The company holds ISO 27001, 27017, 27018, 27701, and 9001 certifications, and its DigiDocs system passed CAICT Trusted Blockchain evaluation. With 50+ enterprise clients, TradeGo has executed a series of industry-firsts: China's first blockchain-based crude oil import and refined oil export pilots, the world's first cross-border refined oil eBL trade (Sinopec Singapore), the world's first stablecoin-based eBL financing transaction (JOC Australia, 2025), and the first GLEIF Qualified vLEI Issuer in the global commodity trade sector (2025).

Name

TradeGo

Legal name

大宗易行科技（宁波）有限公司

Website

https://tradego.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

TradeGo is a blockchain-based digital trade platform offering electronic bill of lading, digital bunkering, electronic contracts, vLEI identity, and stablecoin-based trade finance for commodity traders, banks, shipping companies, and port terminals across 11 countries.

Ownership category

akta.pro rank

Product category

TradeTech / Digital Trade Finance Platform

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Trade Finance Platforms & Digitization (eBL/eDocs, TradeTech, Network Solutions) (FSABAHAL)

akta.pro secondary industries

Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance) (FSAPAIAK), Trade Finance & Receivables Tokenization (FSADAEAG), Sanctions, Embargo & Export Controls (EAR/ITAR) Compliance Tools (TLAEAOAI), Clearing, Settlement & Trade Processing (FSADAJAE)

Keywords

• Electronic bill of lading
• Digital trade documentation
• Trade finance platform
• Blockchain supply chain
• Digital bunkering solutions

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform Transaction and Service Fees: TradeGo generates revenue through transaction and service fees charged for digital trade document management (eBL issuance, transfer, surrender), digital bunkering services (eBDN), and electronic contract services. As a B2B platform serving banks, commodity traders, shipping companies, and terminals, the revenue model follows a transaction-based and subscription-based approach.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

TradeGo is a blockchain-based digital trade services platform that delivers electronic transferable documents (electronic bill of lading/eBL), electronic bunkering documentation (eBDN), blockchain-based electronic contracts, and GLEIF-certified verifiable Legal Entity Identifier (vLEI) digital identity credentials for international bulk commodity trade. The platform serves commodity traders, banks providing trade finance, shipping companies, and port terminals through API-first integrations and a multi-level privacy architecture, with interoperability across DCSA, BIMCO, and FIATA eBL standards under the MLETR framework.

Product overview

TradeGo is a multi-module digital trade services platform built on blockchain technology. Its core product suite comprises TradeDocs (electronic bill of lading and trade document lifecycle management), BunkerGo (digital bunkering with eBDN), TradeSign (blockchain electronic contracts), and vLEI (GLEIF-certified digital identity). These modules operate on a shared blockchain infrastructure and serve the bulk commodity international trade ecosystem. TradePay adds a stablecoin-based trade finance layer combining eBL with on-chain financing and payments. The platform positions itself as the foundational TradeTech infrastructure for international bulk commodity trade, enabling document digitization, digital identity, and financial services across trade, shipping, and finance sectors.

Differentiator

Problem solved

Functional benefit

Brands

• TradeDocs: Full lifecycle digital solution for electronic transferable documents including electronic bills of lading (eBL), covering document issuance, transmission, amendment, and surrender for international trade.
• BunkerGo
• TradeSign
• vLEI

Products and services

• TradeDocs Full lifecycle management of electronic transferable trade documents (including electronic bill of lading / eBL) covering issuance, endorsement, transmission, amendment, and surrender. IGP&I-approved (first in the Asia-Pacific region for bulk commodity trade), supports DCSA, BIMCO, and FIATA eBL standards, and is connected to China's Single Window. Used by commodity traders, banks, shipping companies, and logistics operators for end-to-end paperless trade document workflows.
• BunkerGo MPA-whitelisted digital bunker delivery note (eBDN) solution that combines accurate identity verification, delivery information registration, and automatic data synchronization across multi-party online confirmation and regulatory systems. Guarantees verifiable bunkering quantities, prevents tampering, and optimizes refueling port operations. Used by shipping companies, bunker suppliers, and Singapore port terminal operators.
• TradeSign Blockchain-based electronic contract solution that uses distributed storage to eliminate single points of failure, ensures data immutability, grants each user a unique digital identity for security verification, and reliably records every step and content of the electronic contract via proof-of-existence chain technology. Targets enterprises engaged in cross-border contract signing and digital document workflows.
• vLEI (Verifiable Legal Entity Identifier) GLEIF-certified, globally recognized digital identity solution that provides enterprises with verifiable Legal Entity Identifier (vLEI) credentials for cross-border contract signing, digital document issuance and transference, and cross-border payments. Used by banks, commodity traders, and shipping companies requiring trusted KYC/AML and counterparty identity verification for digital trade.
• TradePay (eBL + Stablecoin Trade Finance Solution) Stablecoin-based trade finance solution combining eBL with on-chain financing and payment rails. Uses vLEI for KYC digital identity verification and an eBL-centric digital document system to enable on-chain pledge financing, 24/7 stablecoin clearing, and real-time AML/KYT traceability. Targets commodity traders, banks, and logistics operators seeking faster, cheaper cross-border trade settlement.
• DigiDocs (TradeGo Blockchain Digital Document System) TradeGo's underlying blockchain-based digital document transmission system serving bulk commodity international trade. Provides full lifecycle management for digital trade documents including eBL, with encrypted blockchain storage ensuring uniqueness, tamper resistance, and data privacy via the multi-level privacy solution (private node deployment with data on customer's own servers, or non-private node deployment via TradeGo servers with user agreement-based privacy protection).

Quantifiable outcome

• Document processing efficiency improved by over 60% in commodity trade transactions
• +4 more outcomes

Named customers11 records

Segments1 record

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• WaveBLcoreTechnology or Integration · 11 February 2026WaveBL and TradeGo achieved system interoperability for electronic bills of lading (eBL), enabling seamless and standardised cross-border document flows between their ecosystems. The integration allows WaveBL customers to access Chinese banks and corporates while giving TradeGo users connectivity to major container carriers on the WaveBL platform, cutting transaction times from days to minutes. Both companies pursue a broader strategy to connect with additional platforms across different jurisdictions using DCSA API standards.
• WSPN (Worldwide Stablecoin Payment Network)coreStrategic or Co-development Partner · 23 December 2025WSPN and TradeGo partnered to digitize commodity documentation and enable stablecoin-based cross-border settlements across Australia, Asia, and Latin America. The integration combines WSPN's USD-backed stablecoin technology with TradeGo's blockchain-based eBL infrastructure, synchronizing cargo title transfers with instant on-chain payment to replace multi-day clearing cycles. The collaboration aims to reshape trade finance by reducing fraud risks and providing faster liquidity for SMEs and mid-market exporters in high-growth corridors.
• Conflux Network and AnchorXcoreStrategic or Co-development Partner · 15 May 2025TradeGo signed a strategic cooperation agreement with Conflux Network and AnchorX (offshore RMB stablecoin issuer) in Hong Kong. The three parties will collaborate on Belt and Road cross-border trade scenarios, integrating blockchain technology, stablecoin settlement, and international trade digitalization applications to build a new generation of efficient, secure, and compliant international trade solutions.
• EnigiocoreTechnology or Integration · 21 October 2024TradeGo and Enigio developed an interoperable digital channel for electronic trade documents between Europe and China, leveraging Digital Container Shipping Association (DCSA) eB/L standards. Users of TradeGo's TradeDocs in China can now digitally transact with users of Enigio's trace:original in Europe. Transactions that previously took up to two weeks can now be completed in one business day.
• PlatONcoreTechnology or Integration · 18 July 2024TradeGo and PlatON successfully completed a pilot (PoC) using electronic bills of lading (eBL) to trigger cross-border digital currency payments. Based on a rubber import transaction from Thailand to China worth USD 1.17 million, the pilot achieved cost savings of up to 90% in payment costs through smart contract execution upon document presentation.
• IGP&I (International Group of P&I Clubs)coreOthers · 11 July 2024IGP&I approved TradeGo's updated eBL user agreement (Second User Agreement) allowing MLETR eBLs to interoperate across platforms. eBLs circulated under this agreement on TradeGo are covered by IGP&I insurance, providing coverage for over 90% of global maritime fleet.
• Shanghai Maritime University (上海海事大学)minorStrategic or Co-development Partner · 10 May 2024TradeGo signed a strategic cooperation agreement with Shanghai Maritime University to establish a comprehensive and in-depth partnership. The collaboration leverages Shanghai Maritime University's academic and research expertise in shipping and logistics, combined with TradeGo's blockchain technology innovation, to jointly promote digital transformation in international shipping trade and logistics.
• SGTraDex (Singapore Trade Data Sharing Platform)coreStrategic or Co-development Partner · 1 September 2023TradeGo and SGTraDex established a long-term strategic partnership to expand cross-border eBL applications. The partnership includes API integration for seamless electronic document exchange and cooperation in other supply chain areas such as electronic BDN (Digital Bunkering). The platforms will use the TradeTrust framework provided by Singapore's IMDA for issuing, transferring, and surrendering eBLs.
• EFFITRADE (Baowu跨境贸易金融服务平台)coreTechnology or Integration · 1 June 2023EFFITRADE (Baowu's cross-border trade financial services platform operated by Ouyeel Fintech) and TradeGo signed a platform cooperation agreement, achieving the world's first cross-chain interconnection between a blockchain-based letter of credit platform and an electronic document platform. This enables China's first fully paperless letter of credit solution from issuance to presentation, ensuring green, efficient online operations while avoiding information leakage risks.
• ContourcoreStrategic or Co-development Partner · 28 February 2023Global digital trade finance network Contour partnered with TradeGo to connect China's commodity supply chain with the global financial supply chain network. TradeGo's eBL system complements Contour's digital LC solutions, enabling banks and enterprises to specify TradeGo eBLs within Contour's network, reducing paper handling and improving user experience.
• MineHubminorStrategic or Co-development Partner · 30 September 2022TradeGo and MineHub, a digital trade blockchain platform listed on TSXV, signed a strategic cooperation agreement to establish a long-term partnership. Both parties will explore blockchain technology applications in commodity international trade, including platform interconnection, business model exploration, and application scenario expansion.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• essDOCS (CargoWise eBL): Pioneer electronic document platform acquired by WiseTech Global, offering eB/L, eBL and other trade documents. Competes directly with TradeGo's TradeDocs product for IGP&I-approved eBL mandates across global shipping and trade finance customers.
• MineHub: TSXV-listed blockchain commodity trade platform covering metals and mining. TradeGo and MineHub signed a strategic cooperation agreement in 2022 and offer platform-to-platform integration; both compete for the same metals & mining digitization mandate from major miners and traders.
• CargoX: Blockchain-based electronic bill of lading and document transfer platform serving international trade. CargoX is a direct competitor in the eBL space, similarly targeting IGP&I approval and offering document transfer for commodity and containerized trade.
• Bolero: One of the longest-established electronic bill of lading platforms, IGP&I-approved, serving global trade finance digitization. Bolero and TradeGo compete for the same eBL adoption among banks, traders, and NVOCC operators.
• Contour: Global digital trade finance network for letters of credit; TradeGo is a partner enabling Contour users to specify TradeGo eBLs within Contour's network. Contour is a peer in the broader trade finance digitization stack and partially overlapping in target customers (banks and corporates).
• WaveBL: Direct eBL platform competitor and live interoperability partner. WaveBL and TradeGo signed a mutual interoperability agreement in February 2026, with both companies offering electronic bills of lading to commodity traders, banks, and shipping companies on DCSA standards.
• Enigio: Direct eBL competitor offering trace:original digital trade document platform. TradeGo and Enigio launched an interoperable digital channel between Europe and China in October 2024, both targeting the same international commodity trade digitization market under DCSA standards.
• Komgo: Blockchain-based trade finance platform used by major commodity traders and banks (including some TradeGo founding shareholders). Komgo and TradeGo are partially overlapping in the digital trade finance and document layer serving oil, metals and agricultural trading desks.

Emerging players

• EFFITRADE (Ouyeel Fintech): Baowu Steel's blockchain-based cross-border letter of credit platform. TradeGo and EFFITRADE achieved the world's first cross-chain integration between a blockchain LC platform and an eBL platform in 2023, making EFFITRADE a partner and emerging peer in Chinese cross-border trade finance.
• SGTraDex: Singapore's national trade data exchange platform, operated with IMDA's TradeTrust framework. TradeGo is an API integration partner, and SGTraDex is both a distribution channel and adjacent infrastructure that may evolve into a competing eBL/data sharing layer in Southeast Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tradegoplatform

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TradeGo