AirCarbon Exchange Receives Investment from Deutsche Börse

AirCarbon Exchange (ACX) has announced a substantial investment by Deutsche Börse AG (DB1), the parent company of European Energy Exchange AG (EEX). This investment is a key milestone in ACX's journey, representing a firm recognition of ACX's achievements and potential, and brings together two leading groups in the global carbon markets.

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EEX's position at the forefront of the European Union Allowance market, coupled with ACX's pioneering application of distributed ledger technology to exchange infrastructure, promises to further accelerate the development and scaling of the voluntary carbon markets.

Further, ACX's exchange platforms in Singapore, Brazil and other markets to be announced in the coming months, will act as a connecting point between the fragmented carbon origination market and EEX's well developed emissions trading platform. Both companies are committed to working together to provide a streamlined solution across the spot and futures carbon markets and the fruit of this cooperation will become apparent as product announcements are made in the coming months.

William Pazos, Managing Director & Co-Founder of ACX: "We are delighted to be working with DB1 and EEX.  Our goal has always been to bring traditional commodities architecture to the carbon markets and this partnership is an integral part of delivering on this strategy. DB1's investment is a validation of our work thus far and, more importantly, sets the stage for a truly exciting future."

Thomas McMahon, CEO & Co-Founder of ACX: "Markets do not scale in isolation. Growth through adoption and strong partnerships are key. Adapting to new market and product constructs for Carbon and Emission Instruments is a fundamental driver for ACX and having DB1 and EEX investing in the core belief is an honour. We look forward to pushing the envelope of opportunity with DB1 onboard."

Tobias Paulun, Chief Strategy Officer of EEX: "I am pleased about the collaboration between DB1 and ACX as at EEX, we believe in building secure, successful, and sustainable markets together with our partners. I am confident that our 15 years of experience in operating spot and derivatives markets within the European Emissions Trading Scheme, coupled with ACX's unique carbon solutions, will lead to a greater level of standardization required to successfully scale up Voluntary Carbon Markets."