Company Information

Get to know electrify network

Founded in Singapore in 2017, Electrify is a technology company that developed Asia's first retail electricity marketplace, Electrify.Asia. Its mission is to decentralize and liberalize the energy market by creating a P2P trading ecosystem built on the blockchain. The platform aims to connect energy producers (from large power plants to small-scale solar panel owners) directly with consumers, promoting transparency, efficiency, and the adoption of renewable energy. The ecosystem is powered by their native utility token, ELEC, which was distributed through an Initial Coin Offering (ICO) in early 2018.

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Crypto CryptocurrencyPRIMARY
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electrify network

France

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/40

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.