INX Limited announces timetable for listing of world’s first SEC-registered security token

Karthik Subramanian

INX Limited, the Gibraltar-based company that owns blockchain-based trading platforms for digital securities and cryptocurrencies, has announced that its INX token will be listed in July.


The INX token would be SEC-registered digital security and would be listed on the Openfinance Securities ATS which is their digital securities trading platform.

The token was scheduled to be listed earlier but the listing data has been pushed to July to bring in more customers, liquidity and also to upgrade the platform for the additional volume that is expected.

Shy Datika, President of INX, commented, “We are excited to list as soon as possible. We have a team diligently working to enhance the technology and onboarding experience to meet strong customer demand. We very much appreciate the community’s enthusiasm and patience.”

“This extended timeframe will additionally allow us to onboard more customers to the platform, which we believe will be a welcome outcome for all users of the platform.”

It may be remembered that the company has raised more than $100 million in its security token and equity offering in May. It was the first security token IPO approved by the SEC and both retail and institutional traders and investors participated in this round. Security tokens, unlike the normal tokens, are backed by a tradable asset like real estate or equity and it is tightly regulated as well which gives it a lot of trustworthiness.

Though this was the first such IPO for security tokens, many companies are expected to take this lead and push for such tokens and IPOs as these are the ones that are likely to be recognized by the regulators and hence would withstand any kind of scrutiny. In due course of time, these are the ones that are likely to be preferred by large investors in the US as they have the safety of investing in a regulated digital asset.

The trading platform is already up and running for its investors, friends, and family and the company hopes to add more to its customer base by the time of the listing of the INX token. The company plans to list other security tokens and cryptocurrency on its platform and this is likely to boost the users and the trading volumes in the coming months.

  • Read this next

    Retail FX

    Weekly Roundup: FX prop firms switch to cTrader, who moved $1.35B BTC?

    The foreign exchange and cryptocurrency markets are always active, and this past week was no exception. Stay ahead with a selection of essential stories and updates that matter most to market participants.

    Digital Assets

    Bitcoin breaks all records with a massive $1.347 billion transaction

    This transaction has surpassed previous records, setting a new benchmark for Bitcoin trades. Before this event, the largest Bitcoin transactions included a $1.1 billion trade in April 2020 involving 161,500 BTC, and other significant transactions ranging from $491 million to $1.033 billion throughout 2019 and 2020.

    Digital Assets

    Uniswap debuts Ethereum ‘uni.eth’ subdomains

    Decentralized exchange platform Uniswap has integrated Ethereum Name Service (ENS), allowing users to create human-readable domain names and cryptocurrency wallet addresses using .eth endings.


    Magic Square Expands with TruePNL Acquisition

    Binance’s web3 app store, Magic Square, acquired token platform TruePNL in a cash deal this week for an undisclosed sum. The deal brings TruePNL’s infrastructure (excluding branding & token) under Magic Square’s wing. Initially seeking a partnership, Magic Square opted for a full acquisition.

    Crypto Insider

    The Future of Prediction Markets? Zeitgeist Launches Decentralized Court System

    Polkadot-powered prediction market protocol Zeitgeist has announced the launch of its latest innovation: a decentralized court system.

    Digital Assets

    Crypto exchange Kraken fires back at SEC lawsuit, claiming overreach

    Crypto exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), seeking to toss out a lawsuit that accused the platform of operating without proper registration.

    Industry News

    Exness Named a Best Place to Work in 2024

     Global leader Exness, tops in retail trading volume, earns 2024 “Best Place to Work” award, cementing its employee-centric culture after three prior years of winning the Cyprus national title.

    Digital Assets

    Swan Bitcoin taps Bakkt for crypto offering in the US

    “We are thrilled to be taking this exciting step forward in our partnership with Swan. This is just the beginning of our collaboration, as we intend to explore further growth opportunities together in the future, including expansion into international markets.”

    Digital Assets

    Polkadot Awards Bifrost a 500,000 DOT Loan to Enhance Liquid Staking Adoption

    Bifrost, a leader in liquid staking solutions, has secured a 500,000 DOT loan from Polkadot’s treasury to expand the reach and utility of its vDOT product within the ecosystem.