London Derivatives Exchange launches the GET Energy STO
Fintech

London Derivatives Exchange launches the GET Energy STO

By Marco Cavicchioli - 1 Aug 2019

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The London Derivatives Exchange (LDX) has announced its partnership with GET Energy for the launch of their STO.

Together with Hex Trust, LDX will add GET Energy to the group of companies that benefit from its ecosystem through customised tokenisation and regulated tools for token trading and asset protection.

GET Energy Holdings was created from the Swiss development branch, in order to gain access to global capital raised on the market. It is a green technology and peer-to-peer renewable energy company with a distribution platform based on Distributed Ledger Technology (DLT) and Artificial Intelligence (AI). 

In so doing, it aims to aggregate different sources of renewable electricity from all over the world and connect them directly to consumers.

The GET Energy platform aims to create a competitive, transparent, efficient and secure market for renewable energy, in which energy producers and consumers can solve the problems affecting current distribution models, considered obsolete, based on large thermoelectric power plants. 

The goal is to help achieve the global objectives of reducing CO2 emissions. 

This is made possible by the use of DLT, electricity tokenisation and the use of artificial intelligence to predict the demand and supply of renewable energy. 

LDX CEO, Vj Angelo, said: 

“LDX are pleased to be part of this cutting-edge green tech platform and we look forward to working closely with GET Energy and our partners to ensure a successful placement and launch of their STO on the LDX platform and ecosystem. We are excited to see our renewables sector grow with GET Energy joining PWC as two real world solution providers in this exciting and growing industry. GET Energy’s adoption of the STO method of fund-raising compliments their already planned use of a blockchain utility token as part of their model”.

GET Energy’s CEO and co-founder, Steve Bourbonnais, added: 

“We are delighted to be working closely with LDX regarding funding and further development of our global renewable energy distribution platform to help support our long-term business growth strategy. I want to thank VJ and the LDX team for an outstanding job in supporting us within this innovative financing sector”.

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 11 thousand subscribers.

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