The global leader in enterprise blockchain software, Casper Labs, has announced that it would offer its equities for trading on the secondary market through INX Digital Company, Inc. (INX), a broker-dealer, an ATS, and a transfer agent that is subject to US regulatory oversight. Casper Labs demonstrates its dedication to upholding rules and embracing the future of finance and digital assets by using the regulated ATS of INX instead of conventional exchanges.
Through this partnership, retail and institutional investors in more than 60 countries will have access to Casper Labs shares via the INX.One platform, the first wholly regulated platform for the listing and trading of cryptocurrencies and security tokens registered with the SEC.
The relationship has received praise from Bob Ejodame, VP Capital Markets at INX, who said that it is an important development for the blockchain sector. In particular, he stressed how proud INX was to include Casper Labs, a layer-1 blockchain and enterprise technology supplier that is well-positioned to take advantage of large market prospects in fields like blockchain and AI.
the Casper Labs equity IPO on INX.Potential buyers will have plenty of time to join the INX platform and take part in this ground-breaking event because One is scheduled for September 2023. This Casper Labs equity tokenization and listing is regarded as a turning point in the market, further solidifying tokenization as a key factor in the adoption of digital assets worldwide among both retail and financial institutions.
Mrinal Manohar, the CEO and co-founder of Casper Labs, said that the company wants to position itself to meet the growing need for blockchain technology by offering enterprise-grade blockchain services to organizations and governments. According to a recent Casper Labs research, 87% of companies intend to invest in blockchain projects by 2023.
Recently Republic reaffirmed its commitment to changing the financial industry by investing $5.25 million in INX. By combining traditional and decentralized finance knowledge, this partnership with the US-regulated broker-dealer and transfer agent INX aims to democratize finance globally. The partnership provided primary and secondary markets with compliant solutions, promoting financial inclusion and increasing investment options.
InX provided tokenized asset services for Republic’s portfolio, which were listed for secondary market trading on INX ATS. The dynamic collaboration promised a more optimistic financial future for all parties concerned by revolutionizing finance, establishing a worldwide token economy, and enabling unparalleled access to digital assets.
On the other side, INX aims to improve US and foreign investors’ access to the expanding prospects in the digital economy. By working closely with US and international regulators, they are building a worldwide standard for democratizing financial markets and maintaining regulatory compliance through the INX.One platform. This intriguing partnership will increase exposure to blockchain technology and has the potential to transform the financial environment.
Stay tuned for more updates on this exciting development!