• Latest
  • Trending
INX bridges the gap between the stock market and the crypto world, becoming the world’s first SEC-approved Exchange Platform

INX bridges the gap between the stock market and the crypto world, becoming the world’s first SEC-approved Exchange Platform

February 1, 2022
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run – The Crypto Basic

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Zodia Custody expands in Hong Kong, receives VASP in Ireland … – Tekedia

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Why Altcoins and Crypto Stocks Were Flying High Today – The Motley Fool

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Embracing the crypto evolution: Institutional adaptation and the … – Arabian Business

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Acala Spikes 5% on Binance's New Altcoin Pairs News — Can ACA … – CCN.com

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Bitcoin Spark, BNB, and Toncoin: Price Outlook in Upcoming Bull Run – CryptoPotato

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Crypto Price Today: Bitcoin holds $34,000; Ethereum slips below $1,800; most altcoins up – Business Today

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

The Next Bull Market Is Approaching: Sparking Opportunities For … – CryptoPotato

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Crypto Analyst Benjamin Cowen Says Fed Pivot and Altcoin Rallies Won’t Happen Until This Occurs – The Daily Hodl

October 29, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Litecoin Pronóstico del Precio: LTC insinúa una corrección del 15% si se cumplen estas condiciones clave – FXStreet

October 29, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Brazil's USDT adoption soars in 2023, makes up 80% of all crypto transactions – Cointelegraph

October 29, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Can Presales Like Scorpion Casino Token Match the Historic … – NewsWatch

October 29, 2023
Monday, May 19, 2025
EGROW ONLINE
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos
No Result
View All Result
EGROW ONLINE
No Result
View All Result

INX bridges the gap between the stock market and the crypto world, becoming the world’s first SEC-approved Exchange Platform

by admin
February 1, 2022
in Market & Analysis
0


The first regulated securities exchange platform

INX (INXD:CA) is paving the way to the future as it becomes the first SEC-regulated platform to trade digital securities and cryptocurrencies. Prior to INX obtaining SEC approval, individuals wishing to trade cryptocurrency were only able to trade on unregulated and sometimes fraudulent exchanges and investment firms were limited to trading futures on Bitcoin.

In completing its SEC registration last year, INX has removed the barriers that institutional and individual investors faced around legality, making safe, secure access to crypto trading available to all.

INX began working with the SEC to obtain approval on the first regulated crypto exchange in 2018. The company faced significant public scrutiny and internal pressure, as gaining that approval meant paving the way for future platforms and changing trading groundwork. In 2020, INX was granted Form F-1 filing approval from the SEC, after a 950-day effort. Since then, the company achieved another first when it became authorized by the SEC as a Financial Industry Regulatory Authority (FINRA), allowing INX to issue tokens as securities to raise capital and facilitate trade.

Since April of 2021, when INX closed its first IPO after raising over $84 million from more than 7,200 investors, the company went on to raise an additional $40 million on the Canadian NEO Stock Exchange. INX had previously secured state money transmitter licenses allowing them to trade crypto in 31 states in 2021. In addition, INX spent the year acquiring and forming partnerships with multiple firms, including IPEX and Entoro Capital, which catapulted growth and led to more attention from growth-minded investors. The SEC certification, plus the acquisitions and new partnerships have given analysts enough evidence to predict that INX will become one of the top ten regulated blockchain-based exchange platforms in the next five years.

Bridging the gap between stocks and cryptocurrencies

The INX exchange platform provides enterprise-level security and transparency to institutions and independent investors. As a result, crypto operators and traditional institutional investors can benefit from the safety and security of traditional exchanges, while still taking advantage of the income potential of the growing cryptocurrency market. The licensed platform at INX permits investors to trade both cryptocurrencies and digital securities using INX Securities. Since becoming regulated, the exchange offers WebSocket and trading API to access real-time market data. INX promotes safety, ensuring institutional firms, through a cash Fund to safeguard platform capital.

INX is positioned to be a dominating brand in the future of finance. Crypto skeptics should feel a little less confident in their stance now that regulated trading is available, while hesitant traders can breathe a sigh of relief knowing that they can now enter the world of crypto with greater transparency and security.

INX key statistics (at 02/1/2022)

Market Cap

183.7 Million

Price/Earnings (trailing)

—

Price/Earnings (forward)

—

Price/Book (mrq)

19.3589

EPS (ttm)

-0.04

Shares outstanding

12.98 Million

Enterprise Value

—

Enterprise Value/EBITDA

—

52-week high

$1.50 (listing price)

52-week low

$.86

Short ratio (12/31/2021)

—

Price Target

$1.11

 

INX Stock Forecast: Key Price is $1.11

Post IPO, January 26th, 2022 marked the high point for INXD stock, as the day closed at $1.11. The price has fluctuated downward since that high point, maintaining a price +/- .34. INXD is a young stock that has not caught the attention of analysts yet, but as first mover in SEC-regulated crypto, market leadership is INXD’s to lose and an upward trend in price should be expected.

Graphical user interface, chart, line chartDescription automatically generated



Source link

YOU MAY ALSO LIKE

Bitcoin Is Rallying. Is Crypto Digital Gold Again? – Barron's

SolChicks Token (CHICKS) Remains Neutral%, Outperforms the Crypto Market Friday – InvestorsObserver

Tags: bridgesCryptoExchangegapINXmarketPlatformSECapprovedstockworldworlds
ShareTweetPin

Leave a Reply Cancel reply

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

Search

No Result
View All Result

Recent News

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run – The Crypto Basic

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Zodia Custody expands in Hong Kong, receives VASP in Ireland … – Tekedia

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Why Altcoins and Crypto Stocks Were Flying High Today – The Motley Fool

October 30, 2023

Recent News

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run – The Crypto Basic

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Zodia Custody expands in Hong Kong, receives VASP in Ireland … – Tekedia

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Why Altcoins and Crypto Stocks Were Flying High Today – The Motley Fool

October 30, 2023

Categories

  • ADA
  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple
  • Videos

Follow Us

Find Via Tags

Ada Altcoin altcoins analysis Analyst Analytics Big Binance Bitcoin Blockchain BNB BTC Buy Cardano Coin Cointelegraph Crypto cryptocurrencies Cryptocurrency Digital DOGE Dogecoin ETH Ethereum finance Heres Insight Inu investors Litecoin LTC market Network news Prediction price Ripple SEC Shiba Solana Today Token Top week XRP
  • privacy And Policy
  • About Us

© 2020 Egrow Online

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos

© 2020 Egrow Online