BlockchainINX to Launch Platform on Avalanche Blockchain

Avalanche Blockchain brings high-throughput and instant finality for security token issuers looking to leverage the INX.One platform
PRNewswire PRNewswireDecember 8, 20225 min

The INX Digital Company, Inc. (NEO: INXD) (INXATS: INX) (OTCQB: INXDF) (“INX”), a broker-dealer and inter-dealer broker, has announced today plans to fully integrate the 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 planned to be completed this quarter, is another milestone in the shared vision to lead the world in bringing and accessing real world assets on chain.

“As INX continues to grow its global issuer and investor community, expanding access to multiple best-in-class blockchains is essential,” said Shy Datika, founder & CEO of INX. “Avalanche is well-positioned among leading blockchain providers, which enables even greater choice for our diverse line up 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 raise 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 forthcoming launch on Avalanche marks yet another step forward in Ava Labs’ mission to digitize the world’s assets,” said Morgan Krupetsky, Director of Business Development for Institutions at Ava Labs. “The tokenization platform will unlock even greater possibilities for issuers raising capital and wider access to investment opportunities and liquidity for investors.”

Avalanche launched in September 2020, ushering in a new era for blockchains with near-instant transaction finality. Today, Avalanche supports 500+ dApps and secures billions of dollars in value, all while having minimal climate impact. Avalanche also supports Subnets – custom, app-specific blockchains allowing 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 U.S. and international investors to the growing opportunities in the digital economy. Its recently-launched INX.One platform sets a global standard for effectively achieving democratization in financial markets, while simultaneously providing the necessary regulatory guardrails through close collaboration with U.S. and global regulators.

In 2021, INX became the first SEC-registered digital security IPO – closing with $83.6 million in gross proceeds from over 7,300 retail and institutional investors. 92.9 million INX Tokens were sold in the IPO. INX continues to lead the industry in providing novel trading and capital raising financial instruments to enterprises and companies worldwide.

For more information about INX, visit https://www.inx.co/

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

PRNewswire

PRNewswire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2023 © All Rights Reserved