INX Shares Start Trading in Canada – Debuts World’s First Trading of both Equity Shares and SEC Regulated Blockchain Token By BTC Peers
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INX Shares Start Trading in Canada – Debuts World’s First Trading of both Equity Shares and SEC Regulated Blockchain TokenINX has successfully listed its shares on Canada’s NEO exchange, raising an additional $40 million after it raised $85 Million from 7200 institutional and individual investors.
It is now possible to mass adopt cryptocurrency. With all major countries legislating for crypto and digital assets use and taxation, it is only a question of “when.” Globally, blockchain technology is proving time and time again just how much more efficient and secure financisl assets and trading can be opposed to the legacy financial instruments that haven’t changed in decades.
The evolution of capital markets is likely to include blockchain and crypto, which are both applications of blockchain. This has many benefits for institutional investors as well as retail investors. The government prepares for the likely migration by drafting permissive legislation that addresses tax, custodianship and transfers of crypto assets between agencies and international commissions.
Because of the absence regulation, until recent crypto traders could only trade on legal exchanges. Any and all forms of trading or issuance require regulatory compliance in every country, and anytime a national government decides to embrace alternative financial instruments such as blockchain for capital markets’ use, they are also executing a crack-down on the illegal (non-regulated) exchanges and activities that offer services inside of their borders.
Some recent examples are the South Korean government closing most crypto-exchanges within the country. Binance was also closed in Singapore, blocked by the UK and China banting all cryptocurrency trading. Blockchain-based financial instruments and asset classes are NOT the future – Its REGULATED version, is.
How to regulate decentralized finance
It is possible for threats actors to use the retail investor who are not well-informed. Crypto can also be used for money laundering. Crypto is also used to pay ransomware attackers due to its anonymity and destination address. This phenomenon has led many countries to ‘hunt’ after exchanges that facilitate crypto’s “darker side”.
INX Becomes World’s First SEC-Approved Crypto Exchange
Since 2018, INX has been working with the SEC to establish the world’s first regulated crypto exchange. The development of the regulatory and compliance book took four years. The main goal was “to do it right” and blaze the path for the rest of the financial world to follow.
After four years, INX has recently been granted two licenses – both world’s firsts. INX can now trade cryptocurrencies. FINRA approved (Financial Industry Regulatory Authority), to issue digital tokens for securities. INX, with its remarkable accomplishments, is well positioned to rise as one of the leading ten blockchain-based regulatory trading platforms over the next five years.
There has been a push for all crypto exchanges to self-regulate as it is today, as it may offer a way out for exchanges to ‘clean’ some of the past activity on their platforms. These exchanges will need to be subject to mass regulation. This is because governments around the globe are still struggling with how cryptocurrency can be accepted within legal frameworks.
Two types of financing are available to companies when they need capital: debt financing and equity financing. Most companies combine equity and debt throughout their lives. Unfortunately, debt has to be repaid. Equity raises capital and dilutes existing shareholders. INX was the first company to offer security tokens, which are a new class of securities that can be used to raise capital. They do not need to be repaid like bonds and they’re non-dilutive.
Legacy asset classes like debt are backdated to around 3,000 BCE (NYSE :). Then came equities, which were introduced in the Netherlands around 1600. Now, INX has enabled the next step in global capital markets – Crypto-as-a-Security.
INX is currently the only licensed company to drive what can become the world’s NASDAQ 2.0.Moreover, their recent listing on the Canadian exchange (NEO) opens a bridge for both crypto players and traditional institutional investors to benefit from the early-days valuations of INX and bet on their future potential success as one of the top trading platforms to be.
2022 will mark the beginning of cryptocurrency regulation. Crypto exchanges will either shift and conform to the expected mass changes or cease to exist. With the regulators, INX has laid the groundwork to fuel revenue growth and profitability via the world’s first regulated trading platform for digital assets and are well-positioned to take a significant market share of this multi trillion-dollar opportunity.
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