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INX Digital Company Inc (NEO: INXD) regulated hub for digital assets on the blockchain
INX Digital Company Inc (NEO: INXD) regulated hub for digital assets on the blockchain - RICH TV LIVE - January 31, 2022 - #inxd #digitalassets #richtvlive #trading
The INX Digital Company, Inc. (NEO: INXD) (the "Company"), the owner of digital asset trading platforms,is pleased to announce that the Company's common shares (the "Common Shares") will commence trading today on the Neo Exchange Inc. (the "NEO Exchange"), under the ticker symbol "INXD". The Company and its wholly-owned subsidiaries together are the “INX Group.”
As previously announced, the Company is the resulting issuer from the securities exchange transaction completed on January 10, 2022 between INX Limited and Valdy Investments Ltd. pursuant to an amended and restated securities exchange agreement dated November 3, 2021 (the “Transaction”).
"This is an exciting day for The INX Digital Company and for the broader digital asset industry," says Shy Datika, Chief Executive Officer. “Our listing isa pivotal moment for the INX Group as we look to further accelerate our growth and expand our reach into new jurisdictions in the future. The INX Group was established by capital markets veterans to usher in the next evolution in capital markets. We believe that the traditional $120 trillion equities markets[1] must evolve and we were the first SEC-registered initial public offering of a digital security and among the first companies to obtain regulatory clearance for digital assets securities issuance and trading.”
Mr. Datika adds “The INX Group is positioning itself as a frontrunner in this potentially multi-trillion dollar market, seeking to attract both institutional and retail investors from around the world. Such historic paradigm shifts require the strongest of innovators to join forces and drive change. This is why we have chosen the NEO Exchange for listing. We believe the NEO Exchange to be an innovative leader in capital markets that seeks to take capital raising andtrading to their next evolutionary level. Canadian financial institutions and funds in general, and the NEO Exchange as their beacon, have recognized early the potential of blockchain based assets.”
Investors can trade the Company’s shares through their usual investment channels including discount brokerage platforms and full-service dealers.
Additional information with respect to the Company and the Transaction can be found in the Company’s listing statement dated January 17, 2022, which has been filed under the Company’s profile at www.sedar.com.
About The INX Digital Company, Inc.
The Company is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies, combining traditional markets expertise and an innovative fintech approach. The INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group's overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which itraised US$83 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight fromregulators like the SEC and FINRA.
In addition to operating two regulated trading platforms for blockchain assets, the Company’s interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the near future. For more information, please visit the INX Group website.
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