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INX Limited Acquires Tokensoft's Transfer Agent

January 5, 2022
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INX Limited (INX ATS: INX), ("INX"), the owner of digital asset trading platforms, today announced that it has acquired Tokensoft Transfer Agent LLC ("TTA"), an SEC-registered transfer agent owned by Tokensoft Inc. ("Tokensoft"). Financial terms of the transaction were not disclosed.

TTA has been instrumental in facilitating the issuance and listing of some of the earliest SEC-qualified digital securities, such as the INX Token and Arca's ArCoin. The ERC-1404 token standard used by TTA is designed to enforce compliance on-chain while enabling compatibility with both centralized and decentralized exchanges, as well as defi applications such as Maker and Compound.

Shy Datika, INX's founder and CEO, commented, "This acquisition is indicative of INX's commitment to building a global regulated hub for digital assets, with a focus on the digital securities capital markets infrastructure. Over the next few months, INX Securities, LLC, INX's US-regulated digital securities broker-dealer and alternative trading system, will announce primary issuances, new secondary trading listings, new business lines, and exciting partnerships. We look forward to strengthening our relationship with Tokensoft going forward as we build out our offerings."

With the acquisition of TTA, INX Securities, LLC will be able to offer a complete, 'nose to tail' solution to public and private companies seeking to raise capital and list digital securities on the only digital securities ATS that is open 24/7/365.

"We have worked closely with the INX team over the past 12 months, and as the management of the transfer agent passes into their capable hands, we look forward to working even closer together as we redefine the financial landscape together," stated Tokensoft CEO and Co-Founder, Mason Borda.

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