By
Steve Muchoki
April 19th, 2024
INX ONE Issuance Services will provide end-to-end solutions to launch digital security tokens in a regulated environment.
On Thursday, September 22, the INX Digital Company launched a new platform to facilitate the trading of several crypto assets along with security tokens registered with the Securities and Exchange Commission.
The INX One platform shall be open to both retail as well as institutional investors. It will also include services for issuers who are looking to raise capital through their security token offering. Last year in 2021, INX became the first company to complete a security token offering registered with the US Securities and Exchange Commission (SEC). Through the issuance of its native INX tokens, the platform raised over $85 million from more than 7,200 investors. Speaking on the development, INX CEO Shy Datika said:
“By combining our security token trading platform with our cryptocurrency trading platform and primary offering services, INX is pioneering a new era of digital asset investing for both primary and secondary markets that benefits everyone – not just a select few”.
INX to Provide Ease of Access to Crypto
The INX CEO said that the company is focused on building a platform that offers individuals and institutional investors the ease of access to security token offerings and cryptocurrencies. The firm also stressed maintaining transparency with clients along with regulatory supervision. INX CEO said that it would be crucial for the success of the platform and the overall industry.
The executive also added that INX will not be listing any speculative tokens. For security tokens, INX One will serve as a true Token-as-a-Service (TaaS) platform designed specifically for the purpose of raising capital.
INX ONE serves as a unified regulated hub and streamlines the token issuance process by offering everything required to quickly launch a digital security token. INX ONE Issuance Services provides end-to-end solutions including transfer agents, brokers/dealers, and ATS licenses to raise capital and list the token for secondary trading, smart contract design, and marketing and promotion support. Company CEO Dakita added:
“INX ONE is a continuation of a journey that started with INX’s initial public offering of the INX Token and now includes a massive step forward in shaping the blockchain asset industry with an integrated and regulated environment with oversight from regulators like the SEC and FINRA. We see INX as a bridge between the legacy capital markets and their future”.
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