The startup offers a blockchain-enabled platform for managing the carbon offset lifecycle, facilitating the creation, trading, tracking, and retirement of carbon credits. This technology ensures that carbon offsets are registered in compliance with United Nations and World Bank protocols, providing clients with verified and environmentally securitized products.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The voluntary carbon offset market lacks standardization and regulatory oversight, leading to concerns about the quality and legitimacy of carbon credits. This makes it difficult for organizations to confidently invest in offsets that deliver real, verifiable environmental benefits.
Solution
Entrex Carbon Market provides a regulatory-compliant platform for the creation, trading, and retirement of securitized carbon offsets and futures. The platform ensures that carbon offsets are registered and validated according to United Nations and World Bank protocols, offering institutional investors and organizations seeking carbon neutrality access to verified and environmentally sound products. Entrex Carbon Market's technology facilitates transparent transactions and aims to bring clarity and accountability to the carbon offset marketplace. The platform is designed to comply with applicable United States Securities and Exchange Commission rules for private transactions between regulated parties.
Target Audience
The primary customers are institutional investors and organizations committed to carbon neutrality, including landowners, nature conservancy groups, tribal organizations, and companies seeking to offset their carbon emissions.
Features
- Regulatory-compliant marketplace for securitized carbon offsets and futures
- Registration and validation of carbon offsets according to UN and World Bank protocols
- Advanced technology platform developed over 20+ years, featuring IBM Domino and Hyperledger technologies
- Compliance with US Securities and Exchange Commission rules for private transactions
- Platform for creating, trading, and retiring carbon offsets
- "NewLeaf" short term fixed income financing for carbon offset projects
- "CarbonEase" carbon offset asset-backed securities tradable across institutional platforms