Yesterday token and cryptocurrency exchange firm INX published a U. Securities and Exchange Commission registration for its first funding round as a sale of security tokens. The debate over whether blockchain-based tokens are securities as defined in U. S law is ongoing, but it appears that INX is not choosing a side. The firm aims to build two separate trading platforms — one for tokens designated as securities, one for tokens which are not. They can also be used as payment for transaction fees on its upcoming trading platform for securities and come with a discount.
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- Torus Kling eyes 1st crypto futures ETF
- IRFC lists $500 million green bonds on India INX at IFSC GIFT
- INX Media Case: Five Important Questions Posed To Chidambaram
- How INX Limited Became The Blockchain's First Of Many "Firsts"
- Crypto Company INX Wants to Raise $130 Million in a U.S. IPO
- Cryptocurrency Trading
- INX picks GK8 to safeguard blockchain assets trading platform
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Torus Kling eyes 1st crypto futures ETF
Borthwick spoke to students about his robust experience in the finance industry, his perspective on cryptocurrencies and their exchanges, and his advice to the future generation of potential traders. He opened his talk by touching on his experience in the conventional finance industry.
But as time went on and his job in proprietary risk-taking was outlawed, he began looking for new opportunities. At the time, the cryptocurrency space, however lucrative, had no regulation. This led to companies using initial coin offerings ICOs to illegally raise billions of dollars from American citizens. But Borthwick and his now CEO were looking for more regulation. INX Limited is also setting up a cryptocurrency trading business and a novel security token trading business. Borthwick believes that due to the rise of cryptocurrencies, people do not need to use banks anymore.
He says that although there is skepticism regarding cryptocurrency, skepticism always follows new technology. He believes there are huge opportunities in the cryptocurrency space, especially for the younger generation since they are constantly exposed to new technology. By Kaitlyn Ho Feb 14,
IRFC lists $500 million green bonds on India INX at IFSC GIFT
Producer, director, actor and politician Kamal Haasan is set to become the first Indian celebrity to have his own digital avatar in a metaverse. Choose your reason below and click on the Report button. This will alert our moderators to take action. Stock analysis. Market Research.
INX Media Case: Five Important Questions Posed To Chidambaram
According to the announcement, the U. While the offering has been registered with the U. The firm has also noted that over 3, retail and accredited investors registered for its token offering in its first three days. The firm first revealed its plans to hold an IPO back in , and only a year later filed a draft prospectus with the SEC. Sign up for the Business Talks newsletter to prepare for the week ahead with an abridgement of blockchain business news. Sunday, January 30, About Advertise Press Kit Contact. The Chain Bulletin.
How INX Limited Became The Blockchain's First Of Many "Firsts"
Higher interest rates alone don't have to be a headwind for stocks, according to Kieran Kirwan, director of investment strategy at ProShares. The famed investor explained the difference between speculating and long-term investing, and reflected on the root causes of the financial crisis. Amateur investors have been less keen to snap up drops in tech names like Tesla and Nvidia, data shows. Complex financial products being peddled to investors least equipped to handle the risks is an echo of the last financial crisis, Krugman wrote. The underlying backdrop is not," says the Swiss investment bank.
Crypto Company INX Wants to Raise $130 Million in a U.S. IPO
The entire cryptocurrency space is still trading in the red zone. FantomStarter is a protocol that … According to our current Fantom price prediction, the value of Fantom will drop by This follows negative sentiment in the crypto market, which has allowed for a deeper correction than most would have imagined. The next thing you … With the lead-up to the conference, the Fantom price has put on quite a surge. Learn from panels of curated industry experts, over this in-depth four day conference.
In its prospectus included in its F-1 registration statement , INX stated it is focusing its business operations on two emerging blockchain asset classes: cryptocurrencies and security tokens. Cryptocurrencies are generally used a substitute for fiat currencies as a means of paying for goods or services or transferring value. Bitcoin and ether are examples of well-known cryptocurrencies. The SEC staff has acknowledged that determining whether a blockchain asset is a security can require a careful analysis of the nature of the blockchain asset and how it is offered and sold. Further, the SEC staff acknowledged that a blockchain asset that is initially sold as a security may, at a later point, no longer meet the characteristics of a security.
INX picks GK8 to safeguard blockchain assets trading platform
Get access to the best new tokens before they list on other exchanges. Your funds are secure. We only work with reputable custodians and the vast majority of funds are stored offline. We aim to maintain the highest possible compliance with anti-money laundering laws in the U.
Nothing foundRELATED VIDEO: *URGENT* INX TOKEN REFUNDING ⚠️ RIPPLE XRP NEWS, HBAR, XDC, QNT \u0026 MORE
The company currently offers cryptocurrency and digital security trading platforms as well as services for issuers who want to raise capital and issue a digital security in a regulated environment. More information about the company and its platforms can be found here. Their mission is to inspire students to choose careers in STEM fields and become the next generation of innovators. To be a part of both events, log onto www. The week will feature six days of incredible on-track action with practices, qualifying and a total of six races among four different series, allowing fans several possibilities to not only see the Next Gen car but a variety of some of the greatest drivers in the world. INX owns regulated trading platforms for digital securities and cryptocurrencies, combining traditional markets expertise and an innovative fintech approach.
The New York City-based owner of cryptocurrency-trading platforms launched on the Canadian exchange this morning, following a reverse takeover by capital-pooling company Valdy Investments. The Logic. Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday. See the bigger picture with reporters and industry experts in subscriber-exclusive events. Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests. Please email us at [email protected]. Login with email.
Transfer agents facilitate securities transactions with issuers, ensuring records are accurate and supporting other tasks like issuing certificates. INX, which already has a registered broker-dealer and alternative trading system ATS , is now one of just a handful of crypto companies that are able to issue, list and trade securities, as well as support the administrative and recordkeeping processes surrounding securities in the U. Securities and Exchange Commission. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.