INX Announces the Listing of Hashrate Asset Group’s (HAG) Bitcoin Mining Security Token

March 13, 2023 at 11:23 AM EDT

NEW YORK, March 13, 2023 — The INX Digital Company, Inc. (NEO:INXD, INXATS:INX, OTCQB:INXDF) (“INX”), a broker-dealer and an inter-dealer broker, announced today that Hashrate Asset Group (“HAG“), the first in the bitcoin mining space under Reg D/S filing to the SEC, will list the HAG Bitcoin mining security token on the INX.One platform– the world’s first and only fully-regulated, end-to-end platform for listing and trading both SEC-registered security tokens and cryptocurrencies.

HAG will offer eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of the INX.One’s regulated platform.

In addition, HAG’s anticipated monthly dividends policy allows every token holder to receive Bitcoin returns in a timely fashion. Such dividend policy will be audited by a third party and coded on a smart contract. By offering this raise in reliance on an SEC specific exemption that complies with the US Securities laws, HAG is providing added protection – ensuring investors’ rights and interests.

“We are excited to offer HAG’s security token on the unified INX.One platform. HAG is delivering access to the Bitcoin mining sector – doing it in a secure and regulated way,” said Shy Datika, CEO of INX. “Until now, only a selected group of investors could reap the benefits from these types of opportunities. By democratizing alternative investments, investors from all over the world are able to take advantage of the wealth of opportunities that are available through digital assets like HAG.”

INX provides regulated trading platforms for digital securities and cryptocurrencies, combining traditional market expertise with an innovative fintech approach. For security token issuers, INX.One offers a true Token-as-a-Service (TaaS) platform designed for capital raise purposes. The unified, regulated hub streamlines the issuance process by providing everything needed to quickly and easily issue a digital security token to raise capital. An end-to-end solution for issuers, INX.One Issuance Services includes transfer agent, broker/dealer, and ATS licenses to raise capital and list the token for secondary trading, smart contract design, and marketing and promotion support. INX holds all of the necessary licenses issuers need, along with a global team of experts to offer guidance along the way.

“As more regulators actively engage with the crypto market after the recent crisis, fully compliant products such as security tokens will emerge as the biggest winners since they combine the best of both worlds – traditional and digital,” said Chia-Ching Su, a TSMC veteran and CFO of HAG. “At the same time, Bitcoin has always held an irreplaceable position in the crypto world and is one of the crypto assets with the most investment potential. HAG hopes to provide greater access for investors to the Web3 field and enjoy the appreciation of Bitcoin through mining. We believe that the INX platform is the very best place to help us achieve this remarkable milestone.”

INX made history in 2021, when it became the first SEC-registered digital security IPO – closing with $84 million in gross proceeds from over 7,250 retail and institutional investors. 92.9 million INX Tokens were sold in the IPO.

The HAG and INX alliance will provide investors on the INX.One platform with another SEC-filed security token, but the very first using Bitcoin mining with an opportunity for monthly WBTC dividends.

To learn more about HAG and its unique security token offering, visit: www.hagsto.com/

To learn more about INX, which continues to lead the industry in providing novel trading and capital raising financial instruments to enterprises and companies worldwide, which includes INX One. visit: https://www.inx.co/

About INX:

INX provides a regulated trading platform for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and innovative regulatory approach.

About The INX Digital Company, Inc.

INX 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 we raised US $84 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, INX’s interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website here.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures

This press release contains statements that constitute “forward-looking information” (“forward-looking information“) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to, the continuous development of the INX trading platform, the offering of non- deliverable cryptocurrency forwards, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

The NEO Exchange is not responsible for the adequacy or accuracy of this press release.‍

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.‍

For further information, contact:
The INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Email: investorrelations@inx.co

Website: https://www.inx.co/

Twitter: https://twitter.com/INX_Group

Telegram: https://t.me/INXCommunity

SOURCE The INX Digital Company, Inc.

Featured Image Megapixl @ AlexanderSikov

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding THE INX DIGITAL COMPANY, INC.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to THE INX DIGITAL COMPANY, INC.s industry; (b) market opportunity; (c) THE INX DIGITAL COMPANY, INC.’s business plans and strategies; (d) services that THE INX DIGITAL COMPANY, INC. intends to offer; (e) THE INX DIGITAL COMPANY, INC..’s milestone projections and targets; (f) THE INX DIGITAL COMPANY, INC.’s expectations regarding receipt of approval for regulatory applications; (g) THE INX DIGITAL COMPANY, INC.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) THE INX DIGITAL COMPANY, INC.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute THE INX DIGITAL COMPANY, INC.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) THE INX DIGITAL COMPANY, INC.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) THE INX DIGITAL COMPANY, INC.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) THE INX DIGITAL COMPANY, INC.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of THE INX DIGITAL COMPANY, INC. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) THE INX DIGITAL COMPANY, INC.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact THE INX DIGITAL COMPANY, INC.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing THE INX DIGITAL COMPANY, INC.’s business operations (e) THE INX DIGITAL COMPANY, INC. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, THE INX DIGITAL COMPANY, INC. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does THE INX DIGITAL COMPANY, INC. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither THE INX DIGITAL COMPANY, INC. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

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