Greenbriar Capital, a publicly traded company, tokenizes its securities using the INX platform.
their Ethereum address by signing a message through Metamask. The smart contract keeps track of which addresses have been whitelisted, and if a user tries to transfer tokens to an address that is not whitelisted, the transfer fails.
INX claims that it does not custody any security tokens on behalf of users, as these tokens are only held in the user’s wallet. To handle Ethereum gas fees, the platform currently charges a $25 commission for each security token purchased, according to the app’s user interface.INX has previously listed two other security tokens on its platform: INX, which represents shares of the platform's own company and MSCO, which represents shares of the MS Token fine art studio.
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