2022-05-18 08:18:57 DMGGF DMG Blockchain Solutions
05/18/22 05/1808:18 05/18/2208:18 | DMG Blockchain Solutions invests $1M in The INX Digital CompanyDMG Blockchain Solutions announces a $1M strategic investment in The INX Digital Company, one of the world's first companies to receive FINRA clearance for trading security tokens, and the first to execute an SEC-registered IPO for a digital security made available to the general public. INX has launched a regulated digital asset trading ecosystem and is pioneering a new tokenized economy. DMG's investment in INX is a strategic initiative to promote institutional adoption of cryptocurrencies and blockchain technologies as well as accelerate the development of its Blockseer Core+ strategy. DMG believes that INX represents a multi-billion dollar opportunity as a front-runner in digital asset trading markets. INX is well-positioned to take significant market share as one of the top regulated trading platforms in the next five years. "DMG views this investment in INX as a furthering of its Core+ strategy to drive transaction revenue streams. Our INX partnership offers DMG the opportunity for Blockseer to add to its development roadmap the ability to offer customers new Blockseer-based products," said Sheldon Bennett, DMG's CEO. |
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