NEW YORK – Hashrate Asset Group (“HAG”), the first in the bitcoin mining space under RegD/S filing to the SEC, announced today a strategic alliance with The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) (“INX”), a broker-dealer and inter-dealer broker. The HAG Bitcoin mining security token will be listed and available to trade on the INX.One platform – the very first and only fully-regulated, end-to-end platform for listing and trading both SEC-registered security tokens and cryptocurrencies.
“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. We believe that the INX platform is the very best place to help us achieve this remarkable milestone.”
HAG breaks the investment threshold usually reserved for institutional investors and offers eligible investors a brand-new option to invest in Bitcoin through hashrate ownership with the security and compliance of a regulated platform. In addition, HAG’s operation 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.
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.
The HAG and INX alliance will provide investors on the INX.One platform with another SEC-filed security token. HAG brings Bitcoin mining to investors’ doorstep, ensures transparency, and ensures full compliance with U.S. Securities laws by using the INX.One platform, where these security tokens will be offered. Introducing this innovative instrument to investors of all kinds, HAG holds the vision to highlight the opportunities of the Bitcoin mining industry and showcase the expertise HAG has in Bitcoin mining.
As part of the alliance, the two parties will organize various online and offline events to engage with the community and share valuable insights about the industry. To learn more about HAG and its unique security token offering, visit https://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 HAG
Hashrate Asset Group aims to build the world’s first sustainable, compliant, and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive real-time returns on their investment. Hashrate Asset Group’s mining farm is located in the U.S. and managed by industry-leading professionals from Bitmain, Goldman Sachs and TSMC.
Twitter: https://twitter.com/HashrateAsset
Discord: https://discord.gg/9mkYSr23cz
Telegram: https://t.me/HashrateAsset
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$83 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:
Company: Hashrate Asset Group
Contact Person: Alpaga YANG
Email: contact@hagsto.com
Website: https://www.hagsto.com/
Telephone: +65 80388730
City: Singapore
Twitter: https://twitter.com/INX_Group
Telegram: https://t.me/INXCommunity
