IXS
IXS is a Bahamas-licensed (DARE Act) tokenization infrastructure platform providing ERC-4626 vaults, a regulated DEX, Launchpad, SaaS, and BTC-backed yield products for institutional asset managers, distribution partners, and AI agents operating across 10+ blockchains.
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What IXS does
IXS is the Institutional eXchange Settlement Layer — a licensed blockchain and tokenization infrastructure platform founded in 2018 and headquartered in Nassau, Bahamas (operating as AMM (Bahamas) Ltd.). The company provides compliant rails for the issuance, distribution, and secondary trading of tokenized real-world assets (RWAs), targeting institutional asset managers and fund operators, Bitcoin holders, distribution partners (broker-dealers, RIAs, neobanks, fintechs, payroll platforms), and emerging AI-agent operators. IXS holds a Digital Assets and Registered Exchanges Act 2024 (DARE) license from the Securities Commission of The Bahamas and accesses US institutional and accredited investors through an SEC-registered broker-dealer chaperoning arrangement via IXS Finance USA.
The platform's core products include ERC-4626 compliant vaults providing tokenized exposure to U.S. Treasuries, money market funds (Fidelity USD MMF), private credit, and BlackRock-backed corporate bonds (iShares SHYG); the IXS Launchpad for primary issuance; the IXS DEX, an AMM-powered regulated secondary market operating under DARE Act compliance; Onchain Tokenized Portfolios (OTPs) for diversified asset consolidation; and IXS SaaS, a subscription-based white-label tokenization suite. The proprietary BTC Real Yield product enables Bitcoin holders to collateralize BTC (non-recourse, 0% interest) and receive USDT deployed into regulated fixed-income RWAs at 4-12% indicative APY. IXS Agent Rail and IXS.agent expose vault lifecycle operations (discover, quote, deposit, redeem) as machine-readable API/MCP endpoints so autonomous AI agents can access the same regulated vaults as institutional counterparties. The platform is deployed across 10+ blockchains including Ethereum, BNB Chain, Base, Canton Network, XDC Network, and Robinhood Chain, with institutional custody provided by Fireblocks and BitGo.
IXS earns revenue through a diversified fee stack: trading fees on the IXS DEX, launchpad/capital-raising fees for primary issuance, B2B SaaS subscriptions for white-label tokenization, liquidity-provider fees on DEX/LBP pools, management fees on vaults, and administration/corporate services for issuers and investors. The fixed-supply $IXS token (180M, fully circulating, no future unlocks) accrues deflationary pressure through automated buyback-and-burn mechanics via Moon Vault and Solar Vault, funded from platform fees. Distribution runs through direct institutional sales, the Agent Rail for programmatic access, and channel partnerships with LINE NEXT (196M+ users), Union Chain (20M+ users, 4 leading CEXs), and B2B API integrations with neobanks, fintechs, payroll platforms, and stablecoin issuers. As of July 2026, IXS reports $88M+ independently verified TVL (audited by RWA.io), 60+ institutional deals closed over 7 years, and a team of approximately 40 professionals across product, engineering, compliance, and operations.
IXS firmographics
Firmographics- Name
- IXS
- Legal name
- AMM (Bahamas) Ltd.
- Website
- https://ixs.finance
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IXS is a Bahamas-licensed (DARE Act) tokenization infrastructure platform providing ERC-4626 vaults, a regulated DEX, Launchpad, SaaS, and BTC-backed yield products for institutional asset managers, distribution partners, and AI agents operating across 10+ blockchains.
- Ownership category
- akta.pro rank
IXS industry classification
Industry- Product category
- Institutional Tokenization Infrastructure for Real-World Assets
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC)
- akta.pro secondary industries
- Tokenized Treasury, Money Market & Cash Management Products (FSADAEAB), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Tokenized Securities & Capital Markets (Equity, Debt, Funds) (FSADAEAA)
Keywords
Where IXS is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
IXS business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Trading Fees: Fees imposed by IXS when executing trades on the IXS DEX platform. Determined by IXS and may be varied at any time.
- Launchpad Fees: Capital raising fee for primary issuance services through IXS Launchpad including listing and offering services.
- SaaS Subscription: Subscription-based SaaS model for institutional tokenization infrastructure that scales with institutional needs. Provides full tokenization suite including issuance, custody, trading, compliance, and liquidity solutions.
- Liquidity Provision Fees: LP Fees distributed to liquidity providers contributing Digital Assets to Liquidity Pools on IXS DEX/LBP.
- Administration and Corporate Services: Fees for administration and corporate services provided to issuers and investors on the platform.
- Management Fees: Management fees charged for ongoing platform services and vault management.
- Token Burns (Moon Vault & Solar Vault): Automated buybacks and burns using fees collected from IXS Launchpad and DEX to repurchase and permanently remove $IXS from circulation, creating deflationary token economy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Fidelity USD Money Market Fund Vault - 4% Indicative APY |
| Usage-based | Pay-as-you-go | BlackRock Corporate Bond Vault - 6% Indicative APY |
| Usage-based | Pay-as-you-go | Private Credit Vault - 9% Indicative APY |
| Usage-based | Pay-as-you-go | BTC Real Yield - 4-12% Indicative APY |
Go-to-market motion4 records
Distribution channels8 records
Marketing channels8 records
IXS product offering
Product offeringCore offering
IXS provides a licensed institutional tokenization infrastructure platform for real-world assets (RWAs), offering ERC-4626 compliant vaults that deliver 4-12% APY from regulated underlying instruments (T-bills, MMFs, corporate bonds, private credit). The platform includes a primary issuance Launchpad, an AMM-powered regulated DEX for secondary trading, Onchain Tokenized Portfolios (OTPs) for diversified asset tokenization, and a B2B SaaS suite for institutions, with a unique BTC Real Yield product that lets Bitcoin holders earn yield via non-recourse USDT-denominated collateralization at 0% interest.
Product overview
IXS is the Institutional eXchange Settlement Layer — a licensed tokenization infrastructure platform for real-world assets (RWAs). The platform operates as a modular ecosystem comprising ERC-4626 compliant Vaults for yield generation (including BTC Real Yield, Corporate Bonds, Private Credit, and Money Market Funds), the IXS Launchpad for primary asset issuance, the IXS DEX for secondary trading, Onchain Tokenized Portfolios (OTPs) for diversified portfolio management, and IXS SaaS for full tokenization services. The IXS Agent Rail provides autonomous AI agents with programmatic access to the same regulated vaults. The platform is licensed under the Bahamas DARE Act 2024 with US access via IXS Finance USA through a SEC-registered broker-dealer. IXS token ($IXS) is the utility token with fixed 180M supply featuring automated buybacks and burns.
Differentiator
Problem solved
Functional benefit
Products and services
- IXS Vaults ERC-4626 compliant vaults providing tokenized exposure to U.S. Treasuries, private credit, money market funds, and BTC-backed yield instruments. Available as permissioned vaults (KYC required) and permissionless vaults (for AI agents). Sourced from institutional issuers with 4-12% APY.
- BTC Real Yield Fully licensed BTC-backed yield product allowing Bitcoin holders to pledge collateral, receive USDT, and earn 4-12% APY deployed into regulated fixed income RWA tokens (T-bills, MMFs, Private Credit). Non-recourse product with 0% interest on BTC collateral.
- IXS Launchpad Institutional-grade primary issuance platform within the IXS Layer for compliant tokenization and distribution of real-world assets. Enables issuers to raise capital with regulatory advisory, token minting, KYC, and legal support, with distribution through LINE (200M users) and Union Chain (20M+ users).
- IXS DEX AMM-powered regulated secondary trading venue for tokenized assets. Enables 24/7 buying, selling, and liquidity provision for RWAs including real estate, private equity, private credit, and other real-world assets. Operates under DARE Act compliance framework.
- IXS OTPs (Onchain Tokenized Portfolios) Blockchain-powered solution enabling institutions to tokenize and manage diversified asset portfolios onchain. Consolidates real estate, private equity, commodities, and alternative investments into single programmable tokens with smart contract automation for real-time rebalancing and yield distribution.
- IXS SaaS All-in-one regulatory-compliant tokenization suite allowing institutions to issue, manage, and trade tokenized assets. Provides end-to-end tokenization infrastructure including issuance, custody, trading, compliance, and liquidity solutions with subscription-based scalability.
- IXS Agent Rail Programmatic access for autonomous AI agents to IXS Vaults through API and MCP endpoints. Agents can discover, quote, deposit, and redeem from the same regulated vaults available to institutional counterparties with no separate sandbox. Listed across x402, Circle's agent directory, agentic.market, and CryptoSkill MCP directory.
- IXS Finance USA US market entry through IXS Finance USA operating under chaperoning arrangement with SEC-registered broker-dealer. Brings RWA markets to Base and other chains, enabling compliant access for US institutions without direct platform registration.
- IXS.agent The first regulated real-world asset (RWA) investment layer purpose-built for AI agents. Early access launched March 2026. Enables autonomous agents to access institutional-grade RWA yield through compliant agent-to-asset rails.
- IXS Token ($IXS) Utility token with fixed supply of 180,000,000. Features automated buybacks and burns through Moon Vault and Solar Vault using platform fees. Fully circulating with zero future unlocks. Available on Uniswap, MEXC, BitMart, BTSE, and QuickSwap.
Quantifiable outcome
- 4-12% APY on BTC-backed yield
- +4 more outcomes
Companies that use IXS
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles4 records
IXS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability3 records
Feature5 records
IXS partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, flagship and minor.
- Compass LabscoreIXS Open Vault live on BNB Chain through Compass Labs. 500 USDC, one signature, capital working in vault providing exposure to iShares SHYG (BlackRock's 0-5 year high yield corporate bond ETF).
- XDC NetworkcoreIXS joined XDC Network validator set, operating masternode to validate transactions and secure the chain. XDC is built around trade finance and tokenized RWAs. Deploying on chain is week of work.
- BitGocoreIXS selected BitGo for Bitcoin collateral supporting institutional yield products. Utilizing BitGo's regulated, qualified custody infrastructure to hold bitcoin collateral for BTC Real Yield product.
- Funding SocietiescoreIXS launches tokenized private credit offering with Funding Societies, providing institutional access to private credit markets through regulated tokenization infrastructure.
- Union ChainflagshipIXS is a founding member of Union Chain, connecting top CEXs, asset tokenization platforms, and blockchain tech to serve crypto-native users and onboard next billion into crypto. 20M+ users through integration with 4 leading centralized exchanges. IXS co-founded the chain.
- First Digital / Finance DistrictcoreFinance District vault live on BNB Chain - a vault wrapping BlackRock high yield corporate bond exposure, issued on regulated IXS rails. IXS Agentic Vault live for AI agents to deposit USDC into institutional RWA yield.
- Canton NetworkcoreIXS operates node on Canton Network - network DTCC selected for tokenized securities platform. Commercial launch October 2026, 50+ firms enrolled including BlackRock, Goldman Sachs, JPMorgan. $3 quadrillion daily settlement.
- FlowdeskcoreExpansion of partnership with Flowdesk, a full-service digital asset trading and technology firm, to accelerate institutional RWA liquidity. Strategic funding and collaboration.
- FireblockscoreIXS integrates Fireblocks to enable secure custody and transaction workflows for Bitcoin-backed, real-world asset yield vaults. Institutional-grade Bitcoin Real Yield products.
- OpenTradecorePartnership to offer institutional on-chain yield through money market funds and BlackRock-backed bond ETF. BlackRock high-yield corporate bond vault delivering up to 8.5% APY on-chain.
- LINE NEXTflagshipPartnership with LINE NEXT and Kaia Blockchain to deliver institutional-grade tokenized RWAs to LINE's 196M+ monthly users including 97M in Japan. IXS Academy App bringing gamified Web3 learning to LINE users.
- ClearpoolminorStrategic partnership advancing tokenized RWAs by enabling seamless lending and borrowing in decentralized markets.
- ArkeFiminorPartnership to unlock liquidity for tokenized luxury assets, democratizing access to high-value investments.
- RWA NOVAminorStrategic alliance to revolutionize tokenization of real-world assets, reshaping future of global investment with blockchain technology.
Scale indicators15 records
Recent moves7 records
Expansion highlights8 records
IXS competitors and assessment
Company assessmentDirect peers
- Centrifuge: Centrifuge is an RWA tokenization protocol focused on tokenizing private credit, invoices, and real estate for institutional DeFi. Comparable to IXS given shared focus on tokenized private credit (Funding Societies partnership on IXS), institutional-grade infrastructure, and multi-chain deployment.
- Securitize: Securitize is an institutional tokenization platform enabling compliant issuance, trading, and management of digital securities. Comparable to IXS Launchpad and SaaS offerings - both target issuers seeking regulated tokenization infrastructure for real-world assets.
- Clearpool: Clearpool is a decentralized credit marketplace offering RWA-backed lending and borrowing. IXS has a strategic partnership with Clearpool (announced 2024), and both share focus on tokenized RWAs, institutional liquidity, and decentralized credit markets.
- TrueFi: TrueFi is a DeFi lending protocol for RWA-backed loans and institutional credit markets. Comparable to IXS in offering institutional-grade yield products backed by real-world assets, with focus on transparency, regulatory compliance, and institutional counterparties.
- Polymesh: Polymesh is a purpose-built blockchain for security tokens and regulated assets, providing infrastructure for tokenized securities issuance and management. Comparable to IXS given shared focus on regulated tokenization infrastructure, KYC/AML compliance, and institutional-grade security token offerings.
- Hashnote: Hashnote offers tokenized T-bill products and yield-bearing treasury instruments for institutional crypto investors. Closely comparable to IXS Vaults' Fidelity USD Money Market Fund and BlackRock Corporate Bond vault offerings, both targeting institutional yield on regulated underlying assets.
- Ondo Finance: Ondo Finance is a leading RWA tokenization platform offering tokenized US Treasuries, money market funds, and yield products to institutional investors. Highly comparable to IXS given overlapping product categories (tokenized T-bills, MMFs), institutional target market, and multi-chain deployment strategy.
- Maple Finance: Maple Finance is an institutional lending protocol offering undercollateralized loans to crypto-native institutions, with expansion into RWA-backed lending. Comparable to IXS in serving institutional capital markets with regulated yield products and treasury management offerings.
Broad incumbents
- BlackRock (BUIDL): BlackRock operates the BUIDL tokenized money market fund on Ethereum and is a major institutional incumbent in tokenized funds. Comparable to IXS as an upstream counterparty (BlackRock bonds are tokenized via IXS Vaults) and as a broader market participant in tokenized fund infrastructure.
- Franklin Templeton (tokenized funds): Franklin Templeton operates tokenized money market funds (BENJI) on multiple blockchains and represents a traditional asset manager entering the RWA tokenization space. Comparable to IXS in offering institutional-grade tokenized yield products with regulatory compliance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
IXS social profiles
Digital presenceIXS compliance and trust
Trust signalCompliance4 records
IXS financial estimates
Financial estimateRevenue estimate
Valuation estimate
IXS leadership team
Management profileNumber of profiles
Profiles3 records
IXS funding detail
Funding detailFunding overview
Funding rounds6 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IXS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IXS
What does IXS do?
IXS provides a licensed institutional tokenization infrastructure platform for real-world assets (RWAs), offering ERC-4626 compliant vaults that deliver 4-12% APY from regulated underlying instruments (T-bills, MMFs, corporate bonds, private credit). The platform includes a primary issuance Launchpad, an AMM-powered regulated DEX for secondary trading, Onchain Tokenized Portfolios (OTPs) for diversified asset tokenization, and a B2B SaaS suite for institutions, with a unique BTC Real Yield product that lets Bitcoin holders earn yield via non-recourse USDT-denominated collateralization at 0% interest.
Is IXS a public or private company?
IXS is a private company. It is classified as venture growth investor backed and is currently operating.
When was IXS founded?
IXS was founded in 2018. It employs 11 to 50 people.
Where is IXS based?
IXS is headquartered in Singapore, Singapore, in the Asia region.
How does IXS make money?
Seven revenue lines are on record. Trading Fees are the primary driver. The others are launchpad Fees, saaS Subscription, liquidity Provision Fees, administration and Corporate Services, management Fees and token Burns (Moon Vault & Solar Vault).
Who are IXS's main competitors?
Direct peers on record are Centrifuge, Securitize, Clearpool, TrueFi, Polymesh, Hashnote, Ondo Finance and Maple Finance. Broad incumbents are BlackRock (BUIDL) and Franklin Templeton (tokenized funds).
Does IXS have an API?
Yes. IXS provides machine-readable endpoints for agents including discovery, quotes, and transaction intents over API and MCP. The platform offers open documentation that any developer can verify. IXS endpoints are listed across x402, Circle's agent directory, agentic.market, and the CryptoSkill MCP directory, enabling IXS vault endpoints to appear inside agent tool-calling flows. Developer documentation is at api-v2.ixs.finance/docs.
What industry is IXS in?
IXS's product category is Institutional Tokenization Infrastructure for Real-World Assets. Its primary akta.pro industry code is FSAPAIAC, RWA Tokenization Platforms (asset onboarding, structuring, issuance), with a secondary code of FSADAEAB, Tokenized Treasury, Money Market & Cash Management Products. Its NAICS code is 5231 and its SIC code is 6200.