The INX Digital Company
The INX Digital Company operates INX.One, a regulated trading platform for cryptocurrencies and tokenized real-world assets, serving retail investors, accredited investors, and securities issuers via an SEC-registered broker-dealer/ATS and FinCEN-registered money transmitter.
- Company typePublic
- Founded2017
- HeadquartersGibraltar, Gibraltar
- Headcount101–250
- GTM typeB2B and B2C
- OfferingSoftware
What The INX Digital Company does
The INX Digital Company, Inc. operates INX.One, a regulated trading platform that combines retail cryptocurrency trading with security token and tokenized real-world asset (RWA) brokerage in a single self-custody interface. The platform supports spot trading in major cryptocurrencies (BTC, ETH, SOL, AVAX, ADA) and stablecoins (USDC, USDT, DAI, PYUSD, USDe) across multiple chains (Ethereum, Avalanche, with Solana via listed assets) on 24/7 blockchain-based markets, alongside primary issuances and secondary trading of tokenized securities via a SEC-registered Alternative Trading System. Underlying infrastructure is delivered through a regulated stack: INX Securities, LLC is an SEC-registered broker-dealer, FINRA/SIPC member, and ATS; INX Digital, Inc. is a FinCEN-registered money transmitter (NMLS #2094630) licensed in 48 US states for crypto and 52 for security tokens; and INX Limited (Gibraltar) and INX Transfer Agent, LLC handle technology and transfer-agent services.
INX monetizes through transactional take rates: 1.5% buyer and seller commissions plus a US$1 network fee on security-token trades, 0.3% maker / 0.4% taker fees on crypto, fiat funding/withdrawal fees, and broker-dealer fees for primary raises via Reg D, Reg S, Reg A+, Reg CF, and S-1/F-1. Customer segments span retail investors seeking compliant long-term digital-asset exposure, securities issuers needing a regulated primary-and-secondary venue, and accredited investors accessing exclusive tokenized offerings. Distribution is anchored by a deep partnership with Republic (now parent company), which refers issuers to INX and lists Republic Note and Animoca Brands tokenized shares on the platform; a referral agreement with Muriel Siebert & Co. extends reach into traditional brokerage channels focused on entertainment, sports, and franchise issuers. As of November 2025, INX operates as a wholly-owned subsidiary of OpenDeal Inc. (d/b/a Republic) following a plan-of-arrangement acquisition valued at up to US$60M, with INX Token holders entitled to contingent value rights.
The INX Digital Company firmographics
Firmographics- Name
- The INX Digital Company
- Legal name
- The INX Digital Company, Inc.
- Website
- https://inx.co
- Company type
- Public
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- The INX Digital Company operates INX.One, a regulated trading platform for cryptocurrencies and tokenized real-world assets, serving retail investors, accredited investors, and securities issuers via an SEC-registered broker-dealer/ATS and FinCEN-registered money transmitter.
- Ownership category
- akta.pro rank
The INX Digital Company industry classification
Industry- Product category
- Digital Asset Trading Platform
- NAICS
- Securities and Commodity Exchanges (523210), Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)
- akta.pro secondary industries
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Fiat On/Off-Ramps & Payment Rails (Exchange-Operated) (FSADAAAF), Retail Crypto Brokerages (Simple Buy/Sell) (FSADAAAB)
Keywords
Where The INX Digital Company is headquartered
LocationHeadquarters
- HQ city
- Gibraltar
- HQ country
- Gibraltar
Offices4 records
Markets served
The INX Digital Company business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Security Token Brokerage: Commissions charged on security token transactions - buyer and seller each pay 1.5% of notional amount sold plus $1 network service fee per order
- Crypto Trading Fees: Maker fee of 0.3% and Taker fee of 0.4% of notional amount for cryptocurrency trading
- Fiat Funding/Withdrawal Fees: ACH withdrawal $5, wire withdrawal $35, credit/debit card deposit 3.75%, converted withdrawals 1.2% with $30 minimum
- Crypto Withdrawal Fees: Network fees for crypto withdrawals including BTC (0.0005), ETH (0.013), USDC ($5), AVAX (0.01)
- Primary Raise Services: Broker-dealer services for issuers raising money via Reg D, Reg S, Reg A+, Reg CF, S1/F1 exemptions on best efforts basis
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Security Token Trading - Buyer/Seller Commission |
| Transaction based/ take rate | Pay-as-you-go | Cryptocurrency Trading Fees |
| Transaction based/ take rate | Pay-as-you-go | Fiat Funding/Withdrawal |
| Unit Pricing | Pay-as-you-go | Crypto Withdrawal Fees |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels5 records
The INX Digital Company product offering
Product offeringCore offering
INX operates INX.One, a regulated trading platform for buying, selling, and trading cryptocurrencies, stablecoins, and tokenized real-world assets backed by regulated securities. The platform combines SEC-registered broker-dealer/ATS services (INX Securities, LLC) with FinCEN-registered money transmitter capabilities (INX Digital, Inc.) to deliver 24/7 blockchain-based markets with self-custody. INX also offers primary raise services for issuers under Reg D, Reg S, Reg A+, Reg CF, and S1/F1 exemptions.
Product overview
The INX Digital Company operates INX.One, a unified regulated trading platform that combines cryptocurrency trading, tokenized real-world assets, and security token services. The platform enables 24/7 blockchain-based markets for buying, selling, and trading digital assets including major cryptocurrencies (BTC, ETH, SOL, AVAX, ADA), stablecoins (USDC, USDT, DAI), and tokenized securities across sectors like films, sports, real estate, and commodities. The ecosystem includes the INX Token (raised US$84 million in IPO), Republic Note (dividend-eligible security token linked to 750+ ventures), Republic Wallet (multichain custody solution), and regulated subsidiaries INX Securities, LLC (SEC-registered broker-dealer/ATS, FINRA/SIPC member) and INX Digital, Inc. (FinCEN-registered money transmitter). The company operates under Republic following its acquisition in November 2025.
Differentiator
Problem solved
Functional benefit
Brands
- INX One Platform: Security token and digital asset trading platform offering cryptocurrency and tokenized real-world assets trading
- INX.Token
Products and services
- INX.One Platform A unified regulated trading platform enabling individuals to buy, sell, and trade cryptocurrencies (BTC, ETH, SOL, AVAX, ADA), stablecoins (USDC, USDT, DAI, PYUSD, USDe), and tokenized real-world assets backed by regulated securities. Supports fiat, cryptocurrency, and stablecoin funding with 24/7 blockchain-based markets and self-custody.
- Republic Note A dividend-eligible security token linked to Republic's venture portfolio of more than 750 ventures, providing retail and accredited investors access to a diversified private-market exposure via a regulated trading venue.
- Republic Wallet A multichain, cross-platform digital asset wallet with passwordless passkey login and optional seed phrase, designed for holding and transacting real-world assets and connecting to the INX.One trading platform.
- INX Token The company's native token issued via an initial public token offering that raised US$84 million; holders have specific rights including potential distributions from distributable cash flow.
- Security Token Brokerage Services Broker-dealer and Alternative Trading System services delivered by INX Securities, LLC (SEC-registered, FINRA/SIPC member) covering primary capital raises under Reg D, Reg S, Reg A+, Reg CF, and S1/F1 exemptions, plus secondary market trading of OTC security tokens.
Quantifiable outcome
- Q1 2024 revenue of $1.5M with 41% decrease in net loss from previous quarter
- +3 more outcomes
Companies that use The INX Digital Company
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
The INX Digital Company technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature6 records
The INX Digital Company partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered former, secondary and core.
- ILS Brokers LtdformerINX agreed to sell I.L.S. Brokers to accelerate growth in Real-World Assets tokenization and trading platform, enhancing focus on digital asset innovation.
- Muriel Siebert & Co., LLC (Siebert Financial Corp.)secondaryReferral agreement enabling Siebert's extensive client network and relationships to access INX's marketplace for primary issuance and secondary trading of Real World Assets. Focus on entertainment, sports, and global sports franchises sectors.
- Republic (OpenDeal Inc.)coreStrengthened strategic partnership where INX refers prospective securities issuers to Republic for initial offerings, earning commissions. Securities may then be listed and traded on INX's platform. Notable success: Watford FC tokenized 10% shares through Republic platform introduced by INX.
- ILS Brokers LtdformerINX Limited acquired ILS Brokers Ltd, an Israeli interdealer-broker, to expand global reach and enhance OTC trading capabilities, particularly in cryptocurrency derivatives.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
The INX Digital Company competitors and assessment
Company assessmentBroad incumbents
- Kraken: US-headquartered centralized crypto exchange offering spot trading, staking, and OTC services with a regulated posture. Comparable as a regulated CEX with no-leverage retail trading and self-custody options, though it operates a much broader asset list and higher volume.
- Coinbase Global: Largest US-regulated centralized crypto exchange, listed on NASDAQ, offering spot trading, custody, staking, and an increasingly broad RWA product set. Directly comparable as a US CEX serving retail and institutional clients with a regulated broker-dealer footprint, though far larger and broader in scope.
- Bakkt Holdings: Public, regulated digital-asset platform offering custody, trading, and institutional services under NYDFS and other US regulators. Comparable as a regulated US venue for institutional digital-asset trading, though it has been refocusing its business model.
- Robinhood Markets: US retail brokerage with integrated crypto, securities lending, and an institutional-focused acquisition of Bitstamp. Comparable as a US retail-facing multi-asset platform where INX competes for the same self-directed investor segment, though Robinhood is far broader and gamification-forward.
Direct peers
- Bitstamp: Long-standing regulated centralized crypto exchange (US, EU), now owned by Robinhood. Comparable as a compliance-forward CEX serving retail and institutional clients with multi-jurisdictional licensing.
- Securitize: Tokenization platform for real-world assets and private funds, with a registered transfer-agent and broker-dealer. Directly comparable as a regulated RWA tokenization infrastructure provider competing for the same issuer pipeline INX serves.
- Gemini: US-regulated centralized crypto exchange and custodian (NY Trust), founded by the Winklevoss twins, emphasizing compliance, SOC 2 controls, and institutional custody. Closely comparable to INX in its regulator-first positioning and US focus, though it is consumer-retail-led rather than RWA-issuer-led.
- tZERO: SEC-regulated broker-dealer and ATS focused on security-token secondary trading and digital-asset issuance. Most direct competitor to INX Securities' regulated security-token ATS and primary-raise services for tokenized private securities.
Others
- Republic (OpenDeal Inc.): INX's parent company and largest distribution partner, operating a private-investment and tokenization platform with 750+ portfolio companies and a multi-million-member community. Relevant as the upstream issuer-origination engine for INX's RWA venue.
Regional players
- OSL Group (BC Technology Group): Hong Kong-headquartered, publicly listed regulated digital-asset platform offering brokerage, custody, and SaaS. Comparable as a regulated, institutional-grade CEX with security-token and tokenization capabilities, though operating primarily in Asia rather than the US.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
The INX Digital Company social profiles
Digital presenceThe INX Digital Company compliance and trust
Trust signalCompliance6 records
The INX Digital Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
The INX Digital Company leadership team
Management profileNumber of profiles
Profiles9 records
The INX Digital Company subsidiaries and ownership
Company hierarchySubsidiaries5 records
The INX Digital Company funding detail
Funding detailFunding overview
Funding rounds5 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The INX Digital Company M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The INX Digital Company
What does The INX Digital Company do?
INX operates INX.One, a regulated trading platform for buying, selling, and trading cryptocurrencies, stablecoins, and tokenized real-world assets backed by regulated securities. The platform combines SEC-registered broker-dealer/ATS services (INX Securities, LLC) with FinCEN-registered money transmitter capabilities (INX Digital, Inc.) to deliver 24/7 blockchain-based markets with self-custody. INX also offers primary raise services for issuers under Reg D, Reg S, Reg A+, Reg CF, and S1/F1 exemptions.
Is The INX Digital Company a public or private company?
The INX Digital Company is a public company. It is classified as corporate owned and is currently acquired.
When was The INX Digital Company founded?
The INX Digital Company was founded in 2017. It employs 101 to 250 people.
Where is The INX Digital Company based?
The INX Digital Company is headquartered in Gibraltar, Gibraltar.
How does The INX Digital Company make money?
Five revenue lines are on record. Security Token Brokerage is the primary driver. The others are crypto Trading Fees, fiat Funding/Withdrawal Fees, crypto Withdrawal Fees and primary Raise Services.
Who are The INX Digital Company's main competitors?
Broad incumbents on record are Kraken, Coinbase Global, Bakkt Holdings and Robinhood Markets. Direct peers are Bitstamp, Securitize, Gemini and tZERO. Republic (OpenDeal Inc.) is listed as an others. OSL Group (BC Technology Group) is listed as a regional player.
Does The INX Digital Company have an API?
No public API is recorded for The INX Digital Company.
What industry is The INX Digital Company in?
The INX Digital Company's product category is Digital Asset Trading Platform. Its primary akta.pro industry code is FSADAAAA, Spot Crypto Exchanges (Order-Book & Matching Engine), with a secondary code of FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated). Its NAICS code is 523210 and its SIC code is 6200.