Startup Agri Market Seed CX Taps GMEX for Market Data Distribution
GMEX will porvide Seed CX with trading, data distribution and market surveillance technology, as well as advice.
Once it receives regulatory approval from the US Commodity Futures Trading Commission to operate as a trading venue, Seed CX plans to operate trading platforms for derivatives contracts in emerging agricultural markets. The company closed its first funding round at the end of January, raising just under $3.5 million, which officials say will be used to "broaden the development of products and technology," grow Seed CX's sales team, and help cover regulatory costs associated with becoming a
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