04.16.2025

SEC Approves Green Impact Exchange’s Application

04.16.2025
SEC Approves Green Impact Exchange’s Application

The Green Impact Exchange (GIX) announced That the Securities and Exchange Commission has approved its Form 1 application, clearing the way for the first stock market in the US dedicated to the emerging $35 trillion sustainability economy.

“The approval order is an important step forward for sustainability-minded investors and companies,” said GIX CEO and co-founder Dan Labovitz. “We are grateful to the SEC Commissioners and staff for their thoughtful engagement throughout the application process, and their support for market-driven innovations that will improve capital formation. We look forward to launching the Green Impact Exchange.”

As a registered securities exchange, GIX will be a listings and trading venue that is strategically focused on sustainability, serving public companies and investors as they preserve and create value, manage climate-driven risks, and meet the growing global demand to develop and deploy sustainable solutions. GIX’s trading platform will be powered by state-of-the-art technology from exchange operator MEMX, and will offer non-tiered, competitive liquidity and quoting programs for members and market makers. GIX will also be part of the National Market System (NMS), ensuring best execution for all trades directed or routed to GIX.

“Climate risk is business risk. It’s that simple. U.S. investors and companies are continuing to pursue sustainability because it makes financial and competitive sense,” said GIX President and co-founder Charles Dolan. “Public markets like GIX have a pivotal role to play in connecting sustainable investors with companies that understand that.”

GIX expects to begin trading in early 2026.

Source: The Green Impact Exchange


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