TORONTO, Sept. 20, 2023 /PRNewswire/ -- The INX
Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF)
("INX"), a US-regulated broker-dealer, ATS, and transfer agent,
announced today the upcoming listing of the Unicoin security token
on INX's fully-regulated trading platform for crypto and tokenized
assets.
Launched by the producers of Unicorn Hunters,
asset-backed Unicoin offers holders inherent value by being
supported by a fast-growing portfolio of real estate and equity
positions in high-growth companies.
"We are thrilled to work with Unicoin, a company that has taken
a different and exciting approach to creating investment
opportunities," said Itai Avneri,
Deputy CEO and COO of INX. "Their investor base is global and
diverse, and we welcome them to INX. Their participation will
undoubtedly bolster the rapidly increasing liquidity in the domain
of listed tokenized assets."
Unicoin is issued under the Regulations D and S, filing
exemptions to the U.S. Securities Act. Unicoin is the official
cryptocurrency of the Unicorn Hunters show, featuring business
luminaries, industry leaders, and policymakers such as Steve Wozniak, co-founder of Apple. Forbes
magazine described Unicorn Hunters as "the most iconic business
series of recent times." This unique show provides founders of
emerging growth companies with a global platform, allowing them to
pitch their innovations to a sprawling audience of potential
investors. Simultaneously, the show offers the audience
unprecedented access to pre-IPO investment opportunities.
"Considering the global holder base, the choice of INX
Securities as the trading platform is a strategic one. INX boasts
accessibility to investors from over 60 countries and continues to
expand its global footprint," said Silvina
Moschini, President and Founder of Unicoin, Inc., and
Executive Producer of Unicorn Hunters. "This listing, which is
scheduled to go live late October, promises to be the confluence of
Unicoin's visionary approach to investment opportunities and INX's
expansive and regulated trading platform, marking a new era in the
realm of tokenized assets."
The potency of Unicoin's value is derived from its backing - a
portfolio that consists of real estate and equity stakes in
high-growth companies. Each of the current portfolio companies of
Unicoin has been showcased on the widely acclaimed Unicorn Hunters
series so that holders of the Unicoin security token are positioned
to benefit from the expansive upside potential intrinsic to these
entities.
Unicoin is also developing its real estate portfolio through its
Unicoin.com/140 program. One of Unicoin's recent landmark moves was
the acquisition of a Copper Mine in Argentina. This acquisition, notable as the
most substantial properties-for-crypto deal, was valued at an
astonishing $210M. Such endeavors
have placed Unicoin at the forefront of the crypto asset
revolution.
The date of listing of Unicoin on INX will be announced
separately and be selected based on the dynamics of the crypto
market. For more information about INX and its novel trading and
capital-raising financial instruments for enterprises and companies
worldwide, visit https://www.inx.co/. For more information
about Unicorn Hunters and its asset-backed Unicoinc security token,
visit https://unicoin.com/.
About INX:
INX provides regulated trading platforms
for digital securities and cryptocurrencies. With the combination
of traditional markets expertise and a disruptive fintech approach,
INX provides state-of-the-art solutions to modern financial
problems. INX is led by an experienced and dedicated team of
business, finance, and technology veterans with the shared vision
of redefining the world of capital markets via blockchain
technology and a disciplined regulatory approach.
About The INX Digital Company, Inc.: INX is the holding
company for the INX Group, which includes regulated trading
platforms for digital securities and cryptocurrencies. The INX
Group's vision is to be the preferred global regulated hub for
digital assets on the blockchain. The INX Group's overall mission
is to bring communities together and empower them with financial
innovation. Our journey started with our initial public token
offering of the INX Token in which we raised US$84 million. The INX Group is shaping the
blockchain asset industry through its willingness to work in a
regulated environment with oversight from regulators like the SEC
and FINRA.
In addition to operating two regulated trading platforms for
blockchain assets, INX's interdealer broker, I.L.S. Brokers, plans
to offer non-deliverable cryptocurrency forwards to Tier-1 banks in
the future. For more information, please visit the INX Group
website here.
About Unicoin:
Unicoin is a next-generation
cryptocurrency designed to be profitable and stable. Unlike
first-wave coins, Unicoin is transparent, SEC-compliant, and backed
by a diversified asset portfolio that includes real estate, equity
in high-growth companies and other assets. To date, $500 million worth of unicoins have been sold to
over 7,000 investors in more than 100 countries. Unicoin's White
Paper is accessible at kmgi.us/white.
Cautionary Note Regarding Forward-Looking Information and
Other Disclosures
This press release contains statements
that constitute "forward-looking information" ("forward-looking
information") within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of
historical fact, are forward-looking information and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that discusses predictions, expectations,
beliefs, plans, projections, objectives, assumptions, future events
or performance (often but not always using phrases such as
"expects", or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words
and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or
be achieved) are not statements of historical fact and may be
forward-looking information. In disclosing the forward-looking
information contained in this press release, INX has made certain
assumptions, including with respect to, the continuous development
of the INX trading platform, the completion of the transactions
described herein, the offering of non-deliverable cryptocurrency
forwards, and the development of the digital asset industry.
Although INX believes that the expectations reflected in such
forward-looking information are reasonable, it can give no
assurance that the expectations of any forward-looking information
will prove to be correct. Known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking information. Such factors include but are not
limited to regulatory developments, the state of the digital
securities and cryptocurrencies markets, and general economic
conditions. Accordingly, readers should not place undue reliance on
the forward-looking information contained in this press release.
Except as required by law, INX disclaims any intention and assumes
no obligation to update or revise any forward-looking information
to reflect actual results, whether as a result of new information,
future events, changes in assumptions, changes in factors affecting
such forward-looking information or otherwise.
Neo Exchange is not responsible for the adequacy or accuracy
of this press release.
This news release does not constitute an offer to sell or
a solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the U.S. Securities
Act or any state securities laws and may not be offered or sold
within the United States or to
U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
For further information, contact:
The INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Email: investorrelations@inx.co
For more information, contact:
Liz Whelan
liz@lwprconsulting.com
(312) 315-0160
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