Founded in 2016, Saltrex operates a secure and transparent digital marketplace that connects sellers (such as insurers, cargo owners, and manufacturers) with a global network of specialized buyers. The company's mission is to bring efficiency and security to the niche market of distressed commodities, industrial equipment, and consumer goods by replacing traditional, opaque sales processes with a streamlined online auction system. Their platform facilitates the entire process from listing and bidding to final transaction, aiming to maximize recovery value for sellers while providing access to unique inventory for buyers.