Three Things to Know about SeedCX and the Industrial Hemp Industry

Two MIT Sloan Master of Finance alumni are entering the burgeoning hemp industry with an electronic trading platform for emerging markets.

Brian Liston and Edward Woodford co-founded Seed CX, which is awaiting regulatory approval from the U.S. Commodity Futures Trading Commission. The company’s goal is to provide a sophisticated trading infrastructure for emerging commodities that have recently become more accessible due to dramatic market restructuring, regulatory change, or societal shift. Seed CX will provide a derivatives trading platform, a wholesale marketplace, and a pricing data feed for participants in commodity markets to hedge, trade the underlying product, and access economic information for decision making. Seed’s first commodity is industrial hemp, a plant that is grown for an array of uses including building materials, batteries, paper, biofuel, clothing, makeup, and food.

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