Crypto trading platform INX_Group launched a new platform that will include SEC-registered tokens along with cryptocurrencies. mikeybellusci reports
The INX Digital Company has created a platform intended to allow trading of Securities and Exchange Commission-registered security tokens along with various cryptocurrencies.
Dubbed INX One, the product will be open to both retail and institutional investors, and will also include services for issuers seeking to raise capital via a security token offering.that was registered with the U.S. Securities and Exchange Commission , with its INX token issuance raising $85 million from more than 7,200 investors.
Datika, along with Deputy CEO Itai Avneri, told CoinDesk that INX is focused on developing a platform that offers individuals and institutional investors ease of access to crypto and security token offerings. The firm stressed that regulatory supervision and transparency with clients is crucial for the success of the platform and industry. INX will not be listing any speculative tokens, the executives added.
In May, the company named Galaxy Digital veteran Renata Szkoda as chief financial officer. INX has built a roster of TradFi and fintech individuals to combine expertise moving forward, Datika told CoinDesk. The company’s board includes David Weild, former vice chairman of Nasdaq, and Thomas K. Lewis, former CEO of a predecessor company to TD Ameritrade.
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