We responded to the Australian Clean Energy Regulator’s
RFEOI for a Carbon Exchange in Australia. While we considered our XStack exchange to be ideal for this use case, the RFEOI required that respondents have a Tier 1 exchange licence. While we don’t hold such a licence, we decided to respond to build our experience in RFEOIs and tenders. As expected, we were not selected for the next round but we learnt a lot in the process.