The platform for trading cryptocurrencies and security tokens INX intends to conduct an initial public offering (IPO) in the United States, offering investors its own security tokens for $ 130 million, this is stated in the application of the hybrid company INX Limited, filed with the U.S. Securities and Exchange Commission ( SEC).

Thus, the company intends to sell 130 million INX tokens (ERC-20 standard), the holders of which will be entitled to 40% of the net cash flow, but will not be holders of shares.

INX also intends to obtain a money transfer operator license, a broker-dealer license in the USA and an alternative trading system (ATS) license.

As planned by the management, the company should already serve residents of eight states by the end of this year, and almost all the rest by the end of the next.

Note that INX will launch a separate platform for trading security tokens, as well as a platform for trading other digital assets. In the future, the company has plans to add derivatives.

It is noteworthy that INX intends to conduct a kind of IPO before launching the product itself, although this form of attracting investment is typical for established companies on the market.

Advisers include Jameson Lopp (Casa Technical Director), Mark Yuzko (founder and CEO of Morgan Creek Digital) and David Wilde (former Nasdaq vice president), led by Alan Silbert, brother of Barry Silbert, founder of the Digital Currency Group business empire.

Recall that earlier the SEC approved the holding of two tokensales – Blockstack and YouNow . However, they talked about utility tokens.

The launch of INX became known more than a year ago.

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