Recently, leading financial regulatory authorities in Asia launched a major initiative—the Freight Trade Data Interconnection Project. The core goal of this project is very clear: to break down data silos in trade finance. Under the traditional model, small and medium-sized enterprises (SMEs) face difficulties and delays in financing, primarily due to opaque transaction information and hard-to-verify creditworthiness. The new project aims to establish a data sharing network that enables interconnectedness of freight, trade, and logistics information. What is the result? SMEs can access financing support more conveniently, and banking institutions can assess risks more accurately. This marks an upgrade from a mode to a tool for the entire trade finance ecosystem. Especially for SMEs with tight funds, this innovative policy undoubtedly opens a new financing window.