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Democratising renewable energy​

REDEX

Founder

Kang Jen Wee

Founding year

2018

Investment stage

Series A

One-stop-shop for Renewable Energy Certificates (RECs)

Developer of renewable energy certificates trading platform designed to accelerate and facilitate renewable energy.

The company’s platform tracks and certifies the transfer of ownership and retirement of RECs, using a proof of stake concept to prevent double-counting of ownership, enabling clients to select their desired RECs amongst the listed assets and place an offer to buy and validate their commitments transparently on a blockchain-enabled public ledger.