Stokr And Inx Group Announced A Strategic Partnership At The Bitcoin Miami 2022 To Foster Cross-Border Growth Of The Security Token Industry

STOKR and INX Group are building cross-border offerings, focusing on joint deal-making.

STOKR, the EU's pioneering digital investment marketplace for alternative assets, and INX Group, which integrates regulated trading platforms for digital securities and cryptocurrencies, have entered into a strategic partnership at Bitcoin Miami 2022, the world-largest Bitcoin conference on Bitcoin, building cross-border offering, focusing on joint deal-making.

2021 has been an instrumental year and a real momentum for security tokens, with several groundbreaking deals. In May 2021, INX closed its STO, the first-ever approved by the SEC, raising around $85 million from over 7,200 investors. STOKR on the other side hosted some of the most successful STOs outside the US like Blockstream Mining Note (BMN) raised over $44M, Infinite Fleet raised over $5M. INX has already announced cooperation with Infinite Fleet in enabling their security tokens for the US market. INX with its recent acquisition of the Open Finance and Tokensoft Transfer Agent has already positioned itself as a leading security token exchange platform in the US.

Based on these remarkable achievements, the business agreement between STOKR and INX Group seeks to increase and cement a more robust cross-border security token offering. A recent report estimates that the market volume of security tokens in Europe will reach €918 billion by 2026. Furthermore, demand for security tokens in the primary issuance market and the OTC market is growing steadily. The two companies will collaborate on several initiatives to benefit from each other's ecosystems and clients, enabling a wider reach for the security tokens issuers.

Arnab Naskar, Co-Founder and Business Lead of STOKR, explained:“INX team has been at the forefront of innovation in the US digital securities space. We believe that STOKR’s collaboration with INX will allow digital securities issuers to access both the EU and the US investment market in a regulated and standardised manner. Digital securities market is growing steadily over the last years and it is important that we create a collaborative environment to foster this innovative space.”

Douglas Borthwick, Chief Business Officer at INX, added:“STOKR has made headlines this year with their Blockstream Mining Token (BNM) and we have watched as they have grown and evolved. While INX and STOKR inhabit the same security token space, we each offer issuers different blockchains and regulatory compliance. We look forward to working closely with Arnab and his team as this space evolves. It is important that issuers understand all of the opportunities globally, and we feel this partnership opens up contingencies for all involved.”

ABOUT STOKR

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STOKR is the EU’s pioneering digital investment marketplace for alternative assets, where smart investors connect with and fund innovative businesses.

STOKR is the all-in-one solution for young and growing ventures looking to raise capital in the EU. Operating out of Luxembourg, STOKR provides founders with the full suite of technical deployment, investment structuring, and compliance support for the issuance of EU-compliant security token offerings (STOs).

Through carefully selected high-profile offerings, STOKR fosters a risk-reduced environment, liberates investment opportunities from traditional venture capital, and directly connects visionary ventures to a network of professional and retail investors. STOKR allows investors to participate in the future success of a diverse range of ventures through profit- or revenue-sharing rights, without middlemen such as custodians or brokers.

ABOUT INX DIGITAL COMPANY, INC.

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The Company is the holding Company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies, combining traditional markets expertise and an innovative fintech approach. The INX Group's vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group's overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token, in which it raised US$83 million.

The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA. In addition to operating two regulated trading platforms for blockchain assets, the Company's interdealer broker, I.L.S. Brokers plan to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website.