Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…
INX is the US’s first and only regulated security token exchange. INX serves a crucial role in the market as it bridges the gap between the blockchain markets and institutional investors. For years, analysts have touted institutional funding entrance into the blockchain sector as one of the main driving forces of the future. INX opens the door to make these predictions a reality through the introduction of enterprise-level security and transparency.
INX has remained in the headlines after becoming the first security token exchange for receiving Form F-1 filing approval from the Securities and Exchange Commission (SEC) last month. The filing was in connection with the group’s IPO that officially started on August 25, 2020. The approval marked a major milestone for the entire cryptocurrency sector and paves the way for further expansion in the future.
What Problems Does INX Attempt to Fix?
INX tackles one of the most pressing matters facing the blockchain sector, transparency. Specifically, the platform rectifies the lack of consumer protections found in the market. Currently, there is a very loose regulatory framework for the crypto sector.
This lack of regulations is on purpose as lawmakers don’t want to stifle innovation in the market. Additionally, there are no international token standards to help guide countries when seeking to institute a framework in their economies. This situation has led to a hodgepodge of varying regulatory regions.
Sadly, this Wild West approach to investing hurts the market. For one, it restricts institutional investors from participating in the crypto market. Major investment firms require certain protections to engage in investments. These investors play a crucial role in driving mainstream adoption.
INX provides institutional investors with a complete suite of functionalities that used to be only found at traditional exchanges. For years, major investment firms had no regulated way to enter the blockchain sector. INX eliminates these issues. In this way, the firm reaffirms its mission to bring regulated digital asset opportunities to institutions and retail investors alike.
How Does INX Work
INX relies on various new technologies to enable the listing and trading of regulated security tokens and cryptocurrencies within its ecosystem. INX’s strategy begins by charting a transparent and regulated path for the general public to join in tokenization’s potential success. To accomplish this task, INX streamlines the entire process via an easy to navigate interface.
INX aims to become the primary trading platform for regulated security tokens for the foreseeable future. This task seems doable when you consider that it’s the only security token exchange to receive SEC approval for a crowdfunding event to date. In addition to their recent SEC filing approval, the firm is in the process of pursuing multiple other licenses from both FINRA and the regulatory bodies of the EU.
Specifically, the firm seeks to hold both a Broker-Dealer and Alternative Trading System license. Already, the platform is approved as a qualified custodian for the safekeeping of crypto assets. Additionally, the firm maintains a Cash Fund to safeguard platform capital in the event of losses.
Expanding Financing Potential
At the core of the INX platform is this belief that regulated security tokens embody untapped potential. These unique financial instruments can change the economics of capital for a firm and unlock new liquidity streams when needed most. Security tokens enable the creation of new markets and all the opportunities that go along with them. It’s exactly these reasons that make this technology so revolutionary.
Benefits of INX
INX brings many firsts to the market as the first regulated security token exchange in operation sets the new standard for all other exchanges to achieve. Notably, the firm includes regulatory oversight from a broad range of groups. When you couple these regulatory wins with the unmatched safety and security provided by the exchange, it’s easy to see why investors continue to show growing interest in this platform.
Trading Benefits for Institutions
INX introduces a plethora of benefits for institutional traders. The platform provides unmatched safety through the integration of a Cash Fund safety net. The platform also integrates Websocket and a powerful trading API to access real-time market data. You can even create secure programmatic trading bots.
Best of all, institutional investors receive a personalized account representative. These blockchain professionals guide you through the entire investment process from start to finish. They make it easy to answer any questions you have when using the platform.
Trading Benefits for Independent Investors
INX also provides independent investors with access to a host of next-gen trading tools to improve their ROIs. As the only exchange for offering full regulatory oversight, investors enjoy added security and consumer protections. The platform introduces a well-thought-out interface that enables an intuitive trading experience for users. Additionally, INX users benefit from continuous, uninterrupted trading operations 24/7.
Gibraltar-based INX is led by an experienced and dedicated team of financial professionals. Specifically, the firm comprises various business, finance, and technology veterans. Together, they share the goal of redefining the world of regulated security tokens and crypto trading.
For example, the project’s co-founder, Mr. Datika, has more than 25 years of experience in the banking and finance industry. Before INX, he served as the founder and former Chief Executive Officer of a multinational brokerage house based in Tel-Aviv, ILS Brokers.
INX – Bridging the Gap
Platforms like INX attempt to take the entire market one step forward. This team deserves a pat on the back for their determination and will to succeed. Up until this point, the SEC has been very stringent on providing security token exchanges any approval. Thankfully, INX provided everything that was needed to put their minds at ease.
Similarly, this platform provides institutional investors with everything they need to enter the crypto sector with success. Consequently, INX is sure to remain a dominating force in the market for years to come.