Siebert and INX Establish Referral Agreement for Introducing On-Chain Real World Asset (RWA) Projects

Toronto, Canada, August 7th, 2024 – Chainwire

The INX Digital Company, Inc., through its broker-dealer subsidiary INX Securities, LLC, a leading firm in regulated Real World Asset (RWA) trading, has announced a strategic partnership with Muriel Siebert & Co., LLC, a well-established entity in traditional financial services and a subsidiary of Siebert Financial Corp. This collaboration aims to expand investment opportunities in On-Chain RWAs for Siebert’s established client base.

The partnership will provide Siebert’s network of clients and potential issuers access to INX’s innovative marketplace for both primary issuance and secondary trading of RWAs. As a result, Siebert’s clients will benefit from INX’s advanced tokenization capabilities and new investment options, particularly in sectors like entertainment and global sports franchises.

This association is set to transform the investment landscape by integrating traditional financial services with modern digital asset opportunities. The referral relationship is designed to facilitate connections between conventional finance and blockchain technology, providing secure and regulated pathways for investing in digital securities and tokenized assets.

Shy Datika, CEO of INX, expressed enthusiasm regarding the partnership, stating, “Our collaboration with Siebert is a significant step in merging traditional and digital financial realms. By tapping into Siebert’s extensive network, INX is expanding access to investment opportunities and unveiling new sectors for exploration. This alliance reflects our commitment to innovation and financial inclusion in RWA tokenization.”

John J. Gebbia, CEO of Siebert Financial Corp., echoed Datika’s sentiments, highlighting that the referral agreement aligns with Siebert’s vision of fostering financial innovation while adhering to high compliance and security standards. He noted that this partnership enables Siebert to introduce clients to a regulated, reliable platform for investing in RWA tokenized assets, thereby enhancing their investment experience and broadening their digital economy opportunities.

In addition to broadening Siebert’s reach into blockchain technology, this collaboration reinforces INX’s role as a leader in digital asset trading, setting new benchmarks for the integration of traditional and digital investment channels.

About INX:
INX offers regulated trading platforms for digital securities and cryptocurrencies, merging traditional market expertise with innovative fintech solutions. The company’s leadership comprises experienced professionals committed to transforming the capital markets landscape through blockchain technology and rigorous regulatory practices.

About The INX Digital Company, Inc.:
INX is the parent company of the INX Group, which includes platforms for regulated trading of digital assets. The INX Group envisions itself as the global hub for digital assets on blockchain, striving to unite communities through financial innovation. The journey began with an initial public token offering, raising significant funds to support its mission within the regulated framework overseen by authorities like the SEC and FINRA.

About Siebert Financial Corp.:
Siebert is a diversified financial services firm, a member of the NYSE since 1967, when Muriel Siebert became its first female seat owner. The company operates through several subsidiaries, offering a wide range of brokerage and financial advisory services. For over 55 years, Siebert has prioritized the interests of its clients, shareholders, and employees.

Contact:
Alan Silbert
[email protected]