Blockchain News

INX Announces Integration with Polygon

INX Announces Integration with Polygon

INX Now Supports Polygon on its Regulated INX.One ATS for Secondary Listings

The INX Digital Company, Inc., a broker-dealer and inter-dealer broker, has announced its full support of the Polygon Blockchain for secondary listings on 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 addition of Polygon to INX’s ATS is another milestone in the shared vision to pioneer the new digital economy by bringing real world assets on chain.

“As INX’s global issuer and investor community expands in size and in requirements, we are responding by delivering access to multiple, high-performing blockchains,” said Shy Datika, founder & CEO of INX. “Polygon is well-positioned among leading blockchain providers, supporting Web3 technology for millions of users, while enabling even greater choice for our robust line up of security token issuers on the INX.One platform.”

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INX Now Supports Polygon on its Regulated INX.One ATS for Secondary Listings

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.

Polygon was designed to work in parallel with the Ethereum network to improve functionality by reducing transaction fees, increasing throughput, and promoting infrastructure development. The leading Ethereum scaling platform boasts just over 53,000 dapps, and has become the de facto platform for Web3. The network offers an array of blue-chip services ranging from decentralized finance (DeFi) dapps such as Aave, Curve, Balancer, and Uniswap, to the best gaming and metaverse platforms, including Decentraland, Somnium Space, Sandbox, Atari (multiverse), and Aavegotchi — all of which are now easily accessible to INX users and issuers.

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INX’s mission is to increase access for U.S. and international investors to the growing opportunities in the digital economy. 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 $84 million in gross proceeds from over 7,250 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.

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