INX Limited Partners with Entoro Capital to List NFTs Offered as Securities

NEW YORK and HOUSTON, Oct. 26, 2021 /PRNewswire/ -- INX Limited ("INX"), the owner of blockchain-based trading platforms for digital securities and cryptocurrencies, today announced a partnership with Entoro Capital LLC ("Entoro"), a leading investment bank for alternative investments and assets, to list Non-Fungible-Tokens ("NFTs") offered as securities on INX's Digital Securities ATS.

The partnership comes a few weeks after Entoro, in conjunction with Valhil Capital, LLC (Valhil), announced the first NFTs issued as a security under the Reg. D 506(c) offering exemption. The NFTs may trade on the INX Securities trading platform.

The marketing and sale of the limited edition NFTs was conducted through a competitive sale process contemporaneously with the creation of the original painting.  Nine of the ten NFTs to be minted were sold online through Entoro's proprietary securities offering platform, OfferBoard®. Cuban-born artist Rolando Diaz created a painting live during the conference based on the theme "Sailing to the Moon" with the NFT name of "Buen Viaje," or "Good Voyage."

"With the success of the first NFT as a security or "SNFT," this new asset class will need a secondary platform when the hold period expires," stated James C. Row, Founder and Managing Partner of Entoro. "The team at INX are committed to a robust exchange for pricing and compliance of these new securities. Given the trend toward greater regulatory oversight, our combined efforts are expected to lead the move to standardization and efficiency. Now with INX Securities listing these NFTs on their digital securities ATS, we have a complete solution for artists going forward."

"Regulators in the United States have made it very clear that digital assets of all shapes, sizes and flavors could soon be recognized as securities," stated Shy Datika, Founder and CEO of INX. "INX and Entoro are alike in that we both see the regulatory net tightening for many digital assets. It is a pleasure to partner with Entoro by offering a secondary trading platform for NFTs in securities form to be freely traded in a regulated manner. We believe this space will soon expand significantly, and note that our securities platform is ideal for products such as these, given our integration with the Metamask wallet, the global primary holding wallet for NFTs."

About INX
INX Limited launched the first SEC-registered digital security initial public offering (IPO) for both retail and institutional investors. INX is uniquely positioned to offer retail and institutional investors and traders access to both digital securities and cryptocurrencies through both of its platforms.

INX's vision is to be the preferred global regulated hub for digital assets on the blockchain, offering technology and related services for both primary and secondary markets. INX's overall mission is to bring communities together and empower them with financial innovation. INX's journey started with its IPO of the INX Token, which raised $83M.  INX now operates 2 regulated trading platforms for blockchain assets, and its interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the near future. The INX Token has the largest market capitalization of US digital securities with the largest daily volume. INX is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA. For more information, please visit the INX website here.

About Entoro Capital
Entoro Capital is an investment bank and advisory group for traditional and digital securities. Entoro offers a range of comprehensive placement and capital raising solutions for businesses interested in reaching Family Offices, Foundations, Endowments, Institutional and direct Investors for funding. The Entoro team's strength is in bringing highly vetted projects to Investors globally, with maximum efficiency, end-to-end security, and seamless execution, delivering total confidence in each investment. Additionally, Entoro Investments, LLC ("First Digital RIA"), Clear Rating, LLC (company valuation and securities ratings) are affiliated entities.  Securities offered through Entoro Securities, LLC, member FINRA/SIPC.

Notice regarding forward-looking statements:
This joint press release includes forward-looking statements regarding each of INX and IPEX (together, the "Companies") and their respective business, which may include, but is not limited to, statements with respect to the proposed business plan of each of the Companies and other statements. Some of the statements in this press release constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "project," "anticipates," "believes," "estimates," "predicts," "potential," "intends," or "continue," or the negative of these terms or other comparable terminology. These forward-looking statements may include, but are not limited to, statements relating to our objectives, plans, and strategies; statements that contain projections of results of operations or of financial condition; statements relating to the research, development, and use of our products; and all statements (other than statements of historical facts) that address activities, events, or developments that the Companies intend, expect, project, believe, or anticipate will or may occur in the future. Forward- looking statements are not guarantees of future performance and are subject to risks and uncertainties. The Companies have based these forward-looking statements on assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments, and other factors they believe to be appropriate. These statements are only current predictions and are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry's actual results, levels of activity, performance, or achievements to be materially different from those anticipated by the forward-looking statements. INX discusses many of these risks in greater detail in its Annual Report on Form 20-F for the year ending December 31, 2020, filed with the Securities Exchange Commission on April 29, 2021, including under the headings "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements." You should not rely upon forward-looking statements as predictions of future events. Although the Companies believe that the expectations reflected in the forward-looking statements are reasonable as of the date hereof, the Companies cannot guarantee future results, levels of activity, performance, or achievements. Except as required by law, the  Companies are under no duty to update or revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE INX Limited

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https://www.inx.co/

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