About Neutral
Neutral builds trading infrastructure for environmental assets, tokenising carbon credits, renewable energy certificates and carbon forwards and matching them on an order book. Each asset is split into batches by methodology, location and vintage, and the platform offers standardised deposit, pooling, retirement and redemption interfaces so institutions can settle by batch without handling registry differences. Matching combines quotes with orders, clearing and custody sit with a licensed German partner, and users never touch a wallet directly.
Customers are carbon project developers, market makers and financial institutions with compliance obligations, and the product set spans the exchange, asset pools and retirement services, with revenue from trading and custody fees. Unlike projects that turn carbon credits into freely transferable tokens, it keeps registry retirement in the flow so on-chain certificates line up with traditional compliance accounts. Trading and fiat settlement run on the German partner's licence, European buyers settle in euros, and the platform handles registry connections and batch standardisation.
Neutral initially built market infrastructure for environmental assets, launching carbon-credit trading instruments such as CHAR and REDD. As carbon-market activity slowed, it closed the carbon-credit exchange and pivoted to carbon-accounting software for climate consultancies (neutralx.com now offers carbon accounting, analytics and reporting tools). No major new public development was verified in 2026; the project continues as climate software.
Farouq Ghandour — Co-founder & CEO; BS in Physics and Economics from Yale; former product strategy roles at Microsoft, Amazon and Meta.
Piotr Kosiński — Co-founder & CTO; MS in microelectronics from Gdańsk University of Technology; led engineering teams at Energy Web and Advanced Blockchain.
Lea Bauer — COO; oversees European market expansion and compliance operations.