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The INX Digital Company, Inc. (INX) is a U.S.-regulated broker-dealer, ATS, and transfer agent offering a fully-regulated trading platform for crypto and tokenized assets. INX is a leading provider of digital securities and cryptocurrencies platforms. Through strategic partnerships and collaborations, INX aims to redefine capital markets by utilizing blockchain technology and a disciplined regulatory approach.
Recently, INX has been expanding its offerings, including the listing of the Unicoin security token on its platform. Unicoin, backed by real estate and equity positions, provides a unique investment opportunity to a global and diverse investor base. INX continues to innovate and create investment opportunities in the realm of tokenized assets, ensuring accessibility, liquidity, and growth for investors.
INX Digital Company, Inc. (OTCQB: INXDF) reported its annual financial results for 2022, marking a 77% increase in revenue to
The INX Digital Company has announced its inaugural dividend payout to Trucpal Tokenholders, utilizing Ethereum blockchain technology. This marks the first-ever security token dividend distribution globally, conducted through INX's SEC-registered Transfer Agent. The dividend will be issued in USDC stablecoins, representing a significant enhancement in digital asset investing. This distribution enables HGC, the issuer of Trucpal Tokens, to reduce operational costs while providing investors with liquidity and potential wealth creation opportunities. The dividend is part of a broader mission to democratize finance, following INX’s successful $84 million IPO in 2021.
INX Digital Company has announced support for Polygon on its regulated INX.One ATS, enhancing secondary listings. This integration aims to improve the accessibility of digital assets for U.S. and international investors, promoting a multi-blockchain ecosystem.
The INX.One platform facilitates the issuance of digital security tokens, streamlining capital raising. Polygon's scaling capabilities will provide INX users with access to over 53,000 decentralized applications (dapps), enhancing functionality and user experience. INX previously completed a $84 million SEC-registered digital security IPO, signaling its commitment to pioneering financial innovation.
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.
TurnCoin has launched a $70 million primary capital raise on the INX.One platform, enabling access for 2,000 U.S. accredited and all non-U.S. investors. This offering introduces a unique Gross Revenue-Sharing Security Token, allowing holders to receive monthly yields in USDC derived from global gross revenue. TurnCoin's innovative model is powered by the VirtualStaX blockchain technology, which facilitates trading of digital assets. The offering is backed by regulatory compliance under SEC Reg D/S, and aims to democratize alternative investments in the rapidly evolving digital asset sector.
INX Digital Company announced the launch of The INX Way, a book authored by its leadership and industry experts, detailing the path towards a regulated digital securities future. This publication outlines INX's multi-year effort to execute the first SEC-registered digital security IPO, achieving gross proceeds of
INX Digital has partnered with SICPA to form a joint venture focusing on Central Bank Digital Currency (CBDC) solutions. This collaboration aims to enhance monetary sovereignty through blockchain technology and digital cash systems. Established in Switzerland, the venture targets privacy, security, financial inclusion, and resilience in CBDC deployment. With over 80% of central banks exploring CBDCs, this initiative presents significant opportunities in the digital economy. INX's team will leverage SICPA's expertise to create solutions that meet the requirements of central banks.
The INX Digital Company plans to integrate Avalanche Blockchain with its INX.One platform, enhancing capacity for security token issuers. This integration, expected to be completed within the quarter, will enable quick issuance of digital security tokens. INX's mission focuses on democratizing access to the digital economy, having previously raised $83.6 million through the first SEC-registered digital security IPO in 2021. The partnership aims to streamline capital raising processes, providing greater choice and efficiency for users on a regulated platform.
The INX Digital Company, a regulated broker-dealer, has submitted a non-binding Letter of Intent to acquire the assets of Voyager Digital Ltd. following its bankruptcy. This strategic move positions INX to leverage its regulatory framework as a FINRA and SEC-regulated entity in the cryptocurrency trading space across 43 U.S. states. INX aims to provide a stable financial environment for Voyager's customers and creditors, enhancing its credibility and technological capabilities. Previously, INX raised $83.6 million through the first SEC-registered digital security IPO.
INX Limited reported its cumulative Adjusted Operating Cash Flow as of September 30, 2022, showing a decline to (51,015) from (34,374) as of December 31, 2021. The Distributable Amount per INX Token is reported as 0, indicating no distributions for Token holders. The total outstanding INX Tokens as of November 14, 2022, stands at 134,796,381. The calculations are based on unaudited results, and the final audited figures will be disclosed in the annual report, expected within 120 days of the fiscal year-end.
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