ElectronX

ElectronX is a U.S.-regulated electricity derivatives exchange building the financial infrastructure for the energy transition. Founded in 2024 and based in Chicago with a New York office, it offers direct-access, centrally cleared hourly power futures and binary options that let utilities, traders, renewable operators, energy-storage firms and data-center operators hedge the extreme short-term price swings that come with a grid increasingly powered by intermittent wind and solar. ElectronX holds CFTC approvals as both a Designated Contract Market and a Designated Clearing Organization, and has raised more than $55 million from investors including DCVC, Innovation Endeavors, and the venture arms of Shell and Equinor.