Company Overview
Snapshot
Founded in July 2017 by Shy Datika, INX operates with 51–200 employees. The company has raised $1.4 million across two funding rounds from four investors. In April 2025, INX was acquired by Republic.
Business overview
INX develops a blockchain-based solution for trading digital assets, aiming to provide a fully licensed and regulated platform for cryptocurrencies, security tokens, and derivatives. The company offers professional investment institutions a regulated platform that incorporates practices from supervised markets, such as maintaining liquid reserves and operational transparency. INX operates in the Fintech & Insurtech sector, serving financial services and investment management markets with a focus on virtual currencies and trading.
Strategic signal
In April 2025, INX was acquired by Republic in a deal valued at approximately $60 million, comprising a $36 million cash payment and Republic shares worth up to $24 million. This acquisition highlights the increasing consolidation and strategic investments within the digital asset trading and blockchain sector, signaling a significant growth-positive outcome for INX and its regulatory-compliant approach to digital securities.
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- What was the most significant recent corporate development for INX?
- In April 2025, INX was acquired by Republic. The deal was valued at approximately $60 million, consisting of a $36 million cash payment and Republic shares worth up to $24 million.
- When did INX launch its fully regulated trading platform for security tokens and cryptocurrencies?
- In September 2022, INX launched INX ONE, a fully regulated platform designed for listing and trading SEC-registered security tokens and cryptocurrencies.
- Did INX achieve a public listing on a stock exchange?
- In January 2022, INX received conditional approval from the Canadian stock exchange to enter through an existing stock framework, raising CAD 40 million, and was approved for listing on the NEO Exchange in Toronto with a valuation of CAD 220 million.
- What strategic personnel addition did INX make to bolster its regulatory strategy?
- In August 2021, INX Limited appointed Jonathan Blattmachr, a former NYDFS Virtual Currency Chief, as Deputy General Counsel to oversee its regulatory strategy and further establish the company as a trusted operator of digital asset trading platforms.
- What was a key milestone for INX regarding SEC-registered digital securities?
- In July 2021, INX made history with the listing of the world's first SEC-registered digital security, the INX Token, on its INX Securities trading platform.