INX TO LAUNCH PLATFORM ON AVALANCHE BLOCKCHAIN, EXPANDING INFRASTRUCTURE FOR SECURITY TOKEN ISSUERS

by Arthur · December 7, 2022

Avalanche Blockchain provides high throughput and immediate finality for security token issuers wishing to leverage the INX.One platform

NEW YORK and TORONTO, 7 December 2022 /PRNewswire/ — INX Digital Company, Inc. (NEO: INXD) (INXATS: INX) (OTCQB: INXDF) (“INX”), a broker-dealer and inter-dealer broker, today announced plans to completely integrate them Avalanche Blockchain with INX.One the world’s first and only fully regulated, end-to-end platform for listing and trading both SEC-registered security tokens and cryptocurrencies. The Avalanche integration, which is scheduled to be completed this quarter, is another milestone in the shared vision to lead the world in bringing and accessing real value on chain.

“As INX continues to grow its global issuer and investor community, expanding access to more best-in-class blockchains is critical,” said Shy Datika, Founder and CEO of INX. “Avalanche is well positioned among leading blockchain providers, providing even greater choice for our diverse selection of security token issuers using the INX.One platform.”

The INX.One platform is a true Token-as-a-Service (TaaS) platform designed for capital raising purposes. The end-to-end hub streamlines the issuance process by providing everything needed to quickly and easily issue a digital security token to raise capital. INX.One is a multi-blockchain ecosystem that ensures greater choice and exceptional user experience – all on a regulated and fully licensed platform.

“INX.One’s upcoming launch at Avalanche marks another step forward Ava Labs’ mission to digitize the world’s assets,” said Morgan Krupetsky, Director of Institutional Business Development at Ava Labs. “The tokenization platform will unlock even greater opportunities for issuers to raise capital and broader access to investment opportunities and liquidity for investors.”

Landslide shot in September 2020, ushered in a new era for blockchains with near-instant final transactions. Today, Avalanche supports 500+ dApps and secures billions of dollars in value while having minimal climate impact. Avalanche also supports subnets – custom, app-specific blockchains that allow the network to scale infinitely. Ava Labs, the primary software developer of Avalanche, shares a goal with INX to digitize real-world assets.

INX’s mission is to increase access for US and international investors to the growing opportunities in the digital economy. The recently launched INX.One platform sets a global standard for effectively achieving democratization in financial markets, while providing the necessary regulatory guardrails through close collaboration with US and global regulators.

In 2021, INX the first SEC-registered digital security IPO – ends with $83.6 million in gross proceeds from over 7,300 private and institutional investors. 92.9 million INX tokens were sold in the IPO. INX continues to lead the industry in providing new financial instruments for trading and raising capital to businesses and corporations worldwide.

For more information on INX, visit

About Avalanche:

Avalanche is the fastest smart contract platform in the blockchain industry, measured by time-to-finality, and has the most validators ensuring the activity of any proof-of-stake protocol. Avalanche is lightning fast, low-cost and green. Any smart contract-enabled application can outperform its competitors by deploying on Avalanche. You don’t believe it? Try Avalanche today.

About INX:

INX offers a regulated trading platform for digital securities and cryptocurrencies. With the combination of traditional market expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and innovative regulatory approach.

About The INX Digital Company, Inc. INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies, combining traditional market expertise and an innovative fintech approach. INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. 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 where we raised USD 83 million. INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators such as the SEC and FINRA.

In addition to operating two regulated trading platforms for blockchain assets, INX’s interdealer broker, ILS Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website here.

Warning regarding forward-looking information and other disclosures

This press release contains statements that constitute “forward-looking information” (“forward-looking information“) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as of the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections , targets, assumptions, future events or performance (often, but not always, using phrases such as “expects”, or “does not expect”, “expected”, “anticipates” or “does not anticipate”, “plans”, “budget” , “planned”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and expressions or that state that certain actions, events or results “may” or “could”, “would”, “may” or “will” be deemed to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information in this press release, INX has made certain assumptions regarding, among other things, the continued development of the INX trading platform, the offering of non-deliverable cryptocurrency futures, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of forward-looking information will prove to be correct. Known and unknown risks, uncertainties and other factors that may cause actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to, regulatory developments, the state of the digital securities and cryptocurrency markets and general economic conditions. Accordingly, readers should not rely on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and undertakes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors such as affects such forward-looking information or otherwise.

NEO Exchange is not responsible for the adequacy or accuracy of this press release.‍

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the US Securities Act or any state securities laws and may not be offered or sold within the United States or to US persons unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

For further information, contact:
INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Email: [email protected]

For more information, contact:
Liz Whelan
[email protected]
312) 315-0160

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SOURCE INX Digital Company, Inc.