INX Announces the Listing of Hashrate Asset Group's (HAG) Bitcoin Mining Security Token
INX Digital Company, Inc. (NEO: INXD, OTCQB: INXDF) announced the listing of Hashrate Asset Group's (HAG) Bitcoin mining security token on its INX.One platform, the first fully regulated platform for trading SEC-registered security tokens and cryptocurrencies. HAG's token offers investors a unique opportunity to invest in Bitcoin through hashrate ownership, with anticipated monthly dividends audited by a third party. This listing reflects INX's commitment to providing regulated, innovative investment solutions in the digital asset space, building on its historic $84 million IPO from 2021.
- Listing of Hashrate Asset Group's Bitcoin mining security token on a regulated platform.
- Opportunity for monthly Bitcoin dividends to token holders.
- INX's platform enhances investor access to the Bitcoin mining sector.
- None.
HAG will offer eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of the INX.One's regulated platform.
In addition, HAG's anticipated monthly dividends policy allows every token holder to receive Bitcoin returns in a timely fashion. Such dividend policy will be audited by a third party and coded on a smart contract. By offering this raise in reliance on an
"We are excited to offer HAG's security token on the unified INX.One platform. HAG is delivering access to the Bitcoin mining sector – doing it in a secure and regulated way," said
INX provides regulated trading platforms for digital securities and cryptocurrencies, combining traditional market expertise with an innovative fintech approach. For security token issuers, INX.One offers a true Token-as-a-Service (TaaS) platform designed for capital raise purposes. The unified, regulated hub streamlines the issuance process by providing everything needed to quickly and easily issue a digital security token to raise capital. An end-to-end solution for issuers, INX.One Issuance Services includes transfer agent, broker/dealer, and ATS licenses to raise capital and list the token for secondary trading, smart contract design, and marketing and promotion support. INX holds all of the necessary licenses issuers need, along with a global team of experts to offer guidance along the way.
"As more regulators actively engage with the crypto market after the recent crisis, fully compliant products such as security tokens will emerge as the biggest winners since they combine the best of both worlds - traditional and digital," said Chia-Ching Su, a TSMC veteran and CFO of HAG. "At the same time, Bitcoin has always held an irreplaceable position in the crypto world and is one of the crypto assets with the most investment potential. HAG hopes to provide greater access for investors to the Web3 field and enjoy the appreciation of Bitcoin through mining. We believe that the INX platform is the very best place to help us achieve this remarkable milestone."
INX made history in 2021, when it became the first
The HAG and INX alliance will provide investors on the INX.One platform with another
To learn more about HAG and its unique security token offering, visit: www.hagsto.com/
To learn more about INX, which continues to lead the industry in providing novel trading and capital raising financial instruments to enterprises and companies worldwide, which includes INX One. visit: https://www.inx.co/
About INX:
INX provides a regulated trading platform for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and innovative regulatory approach.
About The
In addition to operating two regulated trading platforms for blockchain assets, INX's interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the
Cautionary Note Regarding Forward-Looking Information and Other Disclosures
This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to, the continuous development of the INX trading platform, the offering of non-deliverable cryptocurrency forwards, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.
The NEO Exchange is not responsible for the adequacy or accuracy of this press release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
For further information, contact:
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Investor Relations
+1 855 657 2314
Email: investorrelations@inx.co
Website: https://www.inx.co/
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