The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (“INX”), a regulated marketplace for trading security tokens and tokenized real-world assets, announces the listing of Aktionariat’s tokenized shares, DAKS, on the INX platform. This listing brings Aktionariat’s Ethereum-based DAKS shares, issued under Switzerland’s Distributed Ledger Technology (DLT) Act, to a global audience. This development provides a pathway for pre-IPO companies to list their tokenized equity efficiently, reducing traditional IPO costs significantly.
Founded in 2021, Aktionariat AG offers innovative blockchain-based tokenization solutions, and has enabled over 50 companies to digitize their equity and manage share registries, options pools, and investor relationships on the blockchain. By listing the DAKS token on INX, Aktionariat is seeking to set a new benchmark for liquidity in the private equity space. The listing leverages INX’s advanced regulated platform, which provides 24/7 trading, cryptocurrency on- and off-ramps, multi-chain support, and self-custody, seeking to revolutionize how digital securities are traded.
Shy Datika, CEO of INX, added, “We want all issuers of on-chain securities, not just in the USA, to understand that there is a venue for listing and trading these assets. A venue that offers the much-needed access to liquidity to rebalance portfolios, diversify, and manage risks. INX, licensed and regulated in the USA, is open for business to market participants globally.”
Launched in February 2021, Aktionariat’s DAKS token represents shares in the company, which is regulated under Switzerland’s Distributed Ledger Technology (DLT) law. Aktionariat’s platform has facilitated more than CHF 50 million in trading volume and serves more than 30,000 users, with a combined market cap of CHF 400 million across its tokenized companies. By partnering with INX and listing on its platform, Aktionariat is expanding access to a global marketplace for tokenized assets, providing greater liquidity and market reach for both issuers and investors worldwide.
“Our mission is to enable companies to leverage the power of blockchain-based equities,” said Murat Ögat, Co-founder & CEO of Aktionariat AG. “While we already enable issuers to create direct primary and secondary markets under their own control, listing our own tokenized equity shares increases the reach and liquidity of tokenized shares significantly. Having a smooth path to access INX’s trading platform will provide value to Aktionariat and its investors, while also strengthening the usefulness of our offering for other issuers on our tokenization platform.”
INX provides regulated trading platforms for digital securities and cryptocurrencies. Combining traditional markets expertise with a disruptive fintech approach, INX offers state-of-the-art solutions to modern financial challenges. The company is led by a dedicated team of business, finance, and technology veterans with a shared vision of redefining capital markets through blockchain technology and a disciplined regulatory approach.
About Aktionariat
Aktionariat is a pioneer in the tokenization of private equity, utilizing blockchain technology to facilitate liquidity and ownership management for over 70 companies. Aktionariat offers a comprehensive suite of tools, enabling businesses to create decentralized marketplaces and connect with investors worldwide.
This post was last modified on Oct 01, 2024, 20:27 BST 20:27