The secret of change is to focus all of your energy not on fighting the old, but on building the new.” ~Socrates
May was an exciting month. As we noted in our quarterly report, published earlier this month, the company’s target goals for the first quarter of 2022 were accomplished.
It’s time to update our one-of-a-kind INX community members on our most recent developments.
Trade Made Simple
It’s coming! The INX app launch will take place as planned, and it will be released to the public in the next few days. The app, which can be downloaded from the App Stores, is a critical step in our mission to create INX one, a breakthrough trading hub.
Stay tuned to buy, sell, swap. Plain and simple, 24/7, 365.
Discussing Regulation at the Security Token Summit
We were honored to join distinguished industry leaders at the annual Security Token Summit in New York. During a lively panel at the highlight of the event, both Douglas Borthwick, our CBO, and David Weild, Chairman of INX’s Board, emphasized the importance of regulations and transparency in digital securities and noted our collaborations with traditional regulators like FINRA and the SEC in setting new standards and changing the paradigm.
Trading Gelt, Discussing Digital Securities
We are touring the world to educate people globally about the new opportunities we create through INX digital securities. Just last week, we visited the Israel Crypto Conference, handed out INX gelt-tokens and other surprises, and shared exciting details about how entrepreneurs can raise capital while owning 100% of a company. Next week, on June 6th, we will be visiting Amsterdam to discuss global opportunities for trading digital securities 24/7, 365, at the Money 20/20 conference.
Spotlight: Pioneering a New Trading Ecosystem
In case you didn’t get to watch the exclusive NEO Exchange spotlight with INX, you can watch the replay through the link below. In the conversation, our CEO, Shy Datika, Deputy CEO & COO, Itai Avneri, and CBO, Douglas Borthwick, unraveled the elements which differentiate INX from other trading platforms and shared our rapid progress as a public company and the actions we are taking to fulfill our mission.
Introducing Two Exciting New Assets
We are working tirelessly to provide our community of traders with a world of opportunities in crypto and digital securities trading. This month we introduced two popular assets to the platform: Fantom (FTM) & Yearn Finance (YFI), allowing INX traders to explore more exciting options and potentially expand their portfolios.
Trucpal, Our New Pal
This month, Trucpal, the Chinese blockchain-based SaaS service, announced it would launch its capital raise round using INX Securities, through our business line for issuing private digital securities and secondary market liquidity. In a Telegram announcement, Magic Circle’s Doer Qu shared his excitement and stated the company “believes that a token and a business model based on compliance that comes from real cash flow will bring real and long-term value to investors.” We are thrilled to provide Trucpal with streamlined capital raising and potentially improved valuations while eliminating traditional hurdles. Updates will follow.
Our First Limited Referral Program Concluded
Thanks to our dedicated INX’ers, our first Crypto Trading Referral Program was successful; it led to a significant number of new users and increased volume on the INX platform. The new and exclusive referral program will soon follow. Meanwhile, our new INX Securities Referral Program is available. Earn $25 by inviting a friend to trade digital securities on the INX platform 24/7, 365 worldwide.
Get to Know our New CFO: Welcoming Renata Szkoda to the Family
Our new Chief Financial Officer, Renata Szkoda, most recently served as the director of finance at Mike Novogratz-led Galaxy Digital, a financial services and investment management firm. She also co-founded and chairs the Global Digital Asset and Cryptocurrency Association, a global association for self-regulation in the crypto industry. In an interview with Coindesk and multiple other business news platforms, Szkoda expressed her excitement about her new position. We too are thrilled to have her on our team. You can meet Renata on June 15th, as she will be presenting INX at the CRYPTO Connection 2022 conference in NY hosted by Global DCA and TABBForum.
INX’s vision is more important today than ever; we are rapidly working to turn this vision into a reality by preparing the ground that will allow individuals, institutions, and issuers to trade responsibly.
As always, we are indebted to the INX community, our partners on this journey, who are helping us pioneer a new tokenized economy. Stay tuned.