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XCHG Announces Additional Strategic Investment Partners

Xpansiv CBL Holding Group (XCHG) announced the closing of an additional $25M in strategic funding from investors BP Ventures, Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Macquarie Group Limited. XCHG’s platform integrates a global, spot commodity marketplace with a common system of record for commodity data. As a result, buyers and sellers can transact an infinite array of data-driven, ESG-inclusive commodity products in an intuitive environment.