Macquarie Bank

Xpansiv CBL Holding Group Limited operates as a pioneering commodity exchange focused on the emerging asset class of data. The company ingests data from the lifecycle of various commodities and transforms this information into digital assets that facilitate transactions without counterparty risk. Utilizing a proprietary data format, Xpansiv integrates real-time production monitoring, data science, cryptography, and distributed-ledger technologies to refine and characterize data. This innovative approach enhances market transparency by creating immutable profiles that capture real-world characteristics, thereby supporting informed decision-making and enabling commodity differentiation. Headquartered in Sydney, Australia, Xpansiv is dedicated to advancing the integration of data into the commodities market.

Xpansiv Data Systems, Inc. operates an online platform that converts raw production data into Digital Feedstock™, a secure and efficient data format that integrates data science, cryptography, and distributed-ledger technologies. This transformation allows for the creation of immutable digital assets from commodities such as natural gas, facilitating transactions that enhance supply-chain transparency, verify compliance, and mitigate risk. By capturing and tracking the attributional profiles and characteristics of underlying commodities, Xpansiv empowers markets to better assess and trade these assets in a digital format. Founded in 2016 and headquartered in San Francisco, California, with additional locations in Albuquerque, New Mexico, and Seattle, Washington, Xpansiv operates as a subsidiary of CBL Markets Holdings Pty Ltd. The company's team comprises industry experts committed to improving the production, management, and trading processes of commodities on a global scale.

The Metals Company, formerly known as DeepGreen Resources Inc., is engaged in the production of base and strategic metals sourced from high-grade seafloor polymetallic nodule deposits. These deposits contain essential metals such as manganese, nickel, copper, cobalt, and molybdenum. The company utilizes a hydrometallurgical process to extract these metals and targets major miners, metal traders, and steelmakers as its primary customers. With a focus on innovative and sustainable practices, The Metals Company aims to supply metals that are vital for economic growth and clean technologies. The company has garnered attention from significant industry players, including a contract with Glencore for a portion of its nickel and copper output. Founded in 2011 and headquartered in Vancouver, Canada, The Metals Company has established strategic partnerships to enhance its production capabilities.