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Synopsis
Xpansiv, a market-infrastructure platform for environmental commodities, completed the acquisition of Evolution Markets, a brokerage firm in global carbon, renewable, and energy markets. Financial terms were not disclosed. "We’re excited to further leverage our environmental and energy market infrastructure through this acquisition. Together, we can more effectively execute on our strategy to scale our global platform. Evolution Markets’ proven team will help drive sales and marketing efforts as we work to bring the benefits of our infrastructure - transparency, scale, and confidence - to rapidly growing environmental markets," John Melby, Xpansiv President and COO.
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