Entrex Carbon Market
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| Private | |
| Fate | Acquired by UHF Logistics Group, Inc. (June 1, 2022) |
| Founded | 2019 |
| Founder | Stephen H. Watkins |
| Parent | Entrex Inc. |
| Website | entrexcarbonmarket |
Entrex Carbon Market is a private blockchain-based platform that allows investors to buy and sell carbon offsets.[1][2] The platform is operated by Entrex Capital Market, a broker-dealer registered with the US Securities and Exchange Commission (SEC).[3][4][5] The company was later acquired by UHF Logistics Group Inc. on June 1, 2022.[6]
History
Entrex Carbon Market was started in 2019 to use Entrex Capital Market's blockchain for transactions involved with trading carbon credits.[7] Stephen H. Watkins is the founder and CEO of the company.[8][9] The company partnered with Net Zero Analysis and Smart Roofs Solar to enable an efficient, blockchain based, trading market for smaller producers and larger buyers to securely and safely trade carbon offsets and credits.[10][11][12] Universal Solar Technology also partnered with Entrex to launch ten verified carbon offset issuers on the blockchain.[13][14] In early 2023, Entrex partnered with Theta Trading to establish a new marketplace for carbon offsets and enable carbon-emitting businesses to purchase credits and reduce their carbon footprint.[15]
Acquisitions
In 2021, Entrex acquired Net Zero Analysis and Design to become better integrated into the carbon offsets market.[16] In June, 2022 UHF Logistics Group, Inc. acquired Entrex Carbon Market LLC from Entrex, Inc.[6]
References
- ↑ "Entrex Carbon Market mulls securing Fatwa; aspires to list in Middle Eastern market". mobile.chinagoabroad.com. Retrieved 2023-04-22.
- ↑ Georgacopoulos, Christina (2023-05-23). "This St. Pete firm is making a market for carbon offsets". www.bizjournals.com. Retrieved 2023-11-22.
- ↑ Cloutier, Deborah (October 22, 2021). "The Coming U.S. Regulatory Oversight of, and Demand for, Climate Disclosure". The Counselors of Real Estate.
- ↑ "Entrex CarbonEase 2022" (PDF). U.S. Securities and Exchange Commission.
- ↑ Newsdesk, Benzinga. "Entrex Carbon Offset Company, LLC (Form1-A)". Benzinga. Retrieved 2023-04-22.
- ↑ 6.0 6.1 MarketScreener. "UHF Logistics Group, Inc. acquired Entrex Carbon Market LLC from Entrex, Inc. | MarketScreener". www.marketscreener.com. Retrieved 2023-04-22.
- ↑ O'Neal, Stephen. "Textbook Case of Crypto Hype: How Iced Tea Company Went Blockchain and Failed Despite a 289 Percent Stock Rise". Coin Telegraph.
- ↑ "Entrex Carbon Market: Legitimizing the Carbon Offset Marketplace". Mirror Review. 2021-07-30. Retrieved 2023-04-22.
- ↑ Etkin, Craig (2023-04-19). "Entrex Carbon Market has filed a notice of an exempt offering of securities to raise $19,999,999.00 in New Equity Investment". intelligence360. Retrieved 2023-04-22.
- ↑ Pickerel, Kelly (May 24, 2019). "Smart Roofs Solar signs on with Entrex Carbon Market". Solar Power World.
- ↑ "Ann Deck Solutions LLC Achieves Carbon Neutrality Through Net Zero Analysis Climate Change Action Program". APN News. February 18, 2020. Retrieved April 22, 2023.
- ↑ "Universal Solar Technology Signs Letter of Intent With Entrex Capital Market to Create Carbon Trading Market". Yahoo Finance. Retrieved 2023-04-22.
- ↑ "Universal Solar Technology's Entrex Carbon Market Launches Trading with 10 Verified Carbon Offset Issuers". Bloomberg. June 17, 2019.
- ↑ "Partnership Focuses on Bringing Carbon Trading Mainstream!". Yahoo. May 24, 2019.
- ↑ "Entrex Carbon Market Commits Significant Capital To THETA Trading Establishing Leading Institutional Trading Platform For Carbon Securities". mondovisione.com. January 24, 2023.
- ↑ "Entrex Carbon Market executes purchase option to acquire Net Zero Analysis and Design". Tampa FP. June 25, 2021.
External links
This article "Entrex Carbon Market" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.