INX Digital has positioned itself as a regulated marketplace for digital securities and tokenized assets, combining blockchain infrastructure with traditional financial compliance. Businesses use the platform to issue security tokens and trade regulated digital assets, while investors access tokenized securities in a structured environment.
As tokenization gains traction in capital markets and real-world asset finance, platforms like INX increasingly support fundraising, secondary trading, and blockchain-based asset issuance. The following statistics highlight market performance, financial metrics, and platform activity shaping INX Digital today.
Editor’s Choice
- The company raised approximately $85 million through its INX Token IPO, one of the first SEC-registered security token offerings in the United States.
- INX Digital’s trading platform supports more than 130 cryptocurrencies and tokenized assets, giving users access to a hybrid digital securities marketplace.
- The INX Token launched trading in 2022 with an initial price around $0.90 per token, tied to revenue-sharing from platform trading fees.
- As of 2025, INX Digital reported tens of thousands of registered users globally, spanning North America, Europe, and Asia.
- Security token markets are projected to surpass $16 trillion in tokenized assets by 2030, highlighting the long-term potential for platforms such as INX Digital.
Recent Developments
- INX completed acquisition by Republic, distributing $34.3 million Cash Fund to token holders.
- The platform expanded blockchain support to Polygon and Avalanche for security token issuance.
- Implemented automated FINRA trade reporting and enhanced back-office compliance tools.
- Migrated banking infrastructure to Rail for improved fiat onboarding and withdrawals.
- Q2 trading fees reached $52K, down from $104K prior year amid acquisition focus.
- Maintained $34.3 million reserve fund for customer protection.
- The company reported a net operating loss of $4.2 million in Q2, compared with $3.8 million in the same period the previous year, indicating a slight increase in losses year-over-year.
INX Trading Volume and Liquidity Metrics
- USDC/USD pair leads with $61,070 volume, 42.53% share.
- Republic Note NOTE/USD at $58,560 volume, 40.79% of total.
- INX Token INX/USD volume $5,840, 4.07% share.
- BTC/USD trades at $7,990, AVAX/USD at $4,420 in 24 hours.
- 24-hour trading volume $143,477 across 33 pairs.
- INX Token daily volume $1,890, down 75.7% from the prior day.
- Top pairs account for 96% of total exchange liquidity.
Token Market Performance
- Current price stands at $0.27 with 12.5% 24-hour gain.
- 24-hour trading volume recorded $1,890 across the INX One exchange.
- Fully diluted valuation reaches $54 million at a total supply of 200 million.
- 7-day price surge of 8.0%, outperforming the global crypto market.
- 30-day performance up 22.9%, reflecting strong momentum.
- All-time high of $0.83 hit in August 2023, current -67.5% from peak.
- All-time low $0.0599 in May 2024, now +350.7% above.
- Token holders are entitled to 40% of the trading fee revenue distribution.
- Total supply fixed at 200 million INX tokens.
- Traded primarily on INX One, with USD pair volume dominating 100%.
Market Capitalization and Valuation Metrics
- Market cap stands at 49.98 million CAD with a stock price of 0.210 CAD.
- Enterprise value reported as -7.62 million CAD post liabilities.
- Shares float at 189.39 million, basic EPS -0.025 CAD TTM.
- Revenue for FY reached 1.77 million CAD, and net income was 23.85 million CAD.
- Weekly gain 7.69%, monthly rise 13.51%, yearly 147.06%.
- Q1 trading fees $52K, down 42% YoY from $90K.
- Reserve fund maintained at $34.3 million for customer protection.
- All-time low 0.025 CAD on Feb 28, 2025.
Share Structure and Ownership Statistics
- Shares outstanding 237.88 million, up 10.97% YoY.
- Insider ownership 22.84%, institutions 0.06%.
- Public float 149.06 million shares.
- The general public holds 63.3% of the total shares.
- Hedge funds own 14.6% of outstanding shares.
- Individuals control 22.1% via insiders.
- Top holder Shy Datika owns 40.68 million shares (17.42%).
- MM Asset Management holds 34.49 million shares (14.77%).
Stock Price Performance and Volatility
- Current price 0.210 CAD with market cap 49.98 million CAD.
- 52-week range 0.0250 – 0.2050 CAD, down 64.86% yearly.
- Beta coefficient 1.41, indicating higher market volatility.
- Average weekly movement 14.4%, exceeding the industry 4.6%.
- Shares outstanding: 238.21 million, float 189.39 million.
- 20-day average volume: 189,250 shares.
- RSI at 56.38, 50-day MA 0.08 CAD.
- Volatility 4.88%, 1-year return 147.06% in the prior period.
- All-time high 1.500 CAD Jan 2022, low 0.025 CAD Feb 2025.
Earnings and EPS Statistics
- TTM EPS (diluted) $0.20, basic $0.20.
- Q1 net operating loss $4.1 million, up from $2.6 million YoY.
- TTM revenue $12.1 million, growth 31.23% YoY.
- FY 2023 net loss $13.21 million, EPS -$0.06.
- Q2 2024 EPS -$0.11, improved 75% from prior.
- Earnings growth rate 29.24%, EPS growth 36.37% annually.
- Q3 2024 EPS -$0.06, surprise 383.33% beat.
Profitability and Margin Statistics
- Q1 net operating loss $4.1 million, widened from $2.6 million.
- Q1 working capital $11.2 million, adjusted $13.7 million.
- LTM gross profit margin 32.0% as of Feb 2026.
- TTM revenue CAD 1.59 million, net loss CAD 4.24 million.
- Q2 trading fees $52K, down 50% YoY from $104K.
- Earnings growth 29.2% annually over 5 years.
- Revenue growth 35.4% per year on average.
Cash Flow and Burn Rate Metrics
- TTM operating cash flow -$10.96 million.
- Free cash flow TTM -$10.99 million, per share -$0.05.
- Q1 operating cash outflow was $2.4 million.
- Quarterly capex $28,370, low relative to revenue.
- FY 2024 operating cash flow -$11.15 million.
- Investing cash inflow of $6.27 million from securities.
- Burn rate approx $2.8 million per quarter operating.
User Base and Geographic Distribution
- LinkedIn followers: 9,063, global presence in 150 countries via Republic.
- 7,000+ investors in INX Token IPO from worldwide locations.
- Revenue 21.2% Europe, 19.5% Israel, 14.0% US in the recent FY.
- 3 million Republic members potentially accessing the INX platform.
- Supports users in North America, Europe, and Asia per filings.
- 9,063 professional followers on the LinkedIn platform.
Balance Sheet and Capital Position
- Cash equivalents $10.05 million, short-term investments $2.92 million.
- Total current assets $52.67 million, liabilities $35.19 million.
- Shareholders’ equity $32.05 million, working capital $17.48 million.
- Reserve fund maintained at $34.3 million for customer protection.
- No debt, debt-to-equity ratio 0%.
- Net cash $12.74 million, per share $0.05.
Platform Trading Activity and Asset Mix
- INX Digital supports trading of 130+ cryptocurrencies and tokenized assets, offering a hybrid exchange model.
- The exchange provides both spot crypto trading and digital securities trading, differentiating it from typical crypto-only platforms.
- Bitcoin and Ethereum typically account for over 60% of global crypto trading volume, influencing trading activity across most exchanges.
- Stablecoins such as USDC and USDT represent over 50% of crypto trading volume, serving as settlement assets for many trades.
- INX Digital continues to expand its tokenized real-world asset offerings, including equities and private securities.
- Global cryptocurrency trading volume frequently exceeds $1 trillion per month, providing strong liquidity conditions for exchanges.
- Tokenized securities trading remains a niche but growing market with hundreds of millions in annual trading volume globally.
- Platforms increasingly support fractional ownership of assets through tokenization, enabling smaller investors to participate.
- Digital asset exchanges typically derive the majority of their revenue from transaction fees, rather than listing or subscription models.
Security Tokens and RWA Listing Statistics
- The global security token market is projected to reach over $5 billion by 2027, reflecting increasing adoption of tokenized securities.
- Tokenization of real-world assets could unlock $16 trillion in illiquid assets by 2030, according to industry projections.
- Real-world asset tokenization includes stocks, bonds, real estate, and private equity, all of which can be issued on blockchain platforms.
- Tokenized securities enable 24/7 trading and near-instant settlement, compared with traditional securities markets.
- INX Digital enables companies to launch SEC-compliant security token offerings, providing a regulated fundraising method.
- Tokenization can reduce operational costs for securities issuance by up to 40% compared with traditional processes.
- Institutional investors increasingly view tokenization as a new capital markets infrastructure layer.
- Analysts estimate the tokenized asset ecosystem could represent 10% of global GDP by 2030 if adoption accelerates.
Frequently Asked Questions (FAQs)
How much capital did INX raise through its security token IPO?
INX raised about $84 million during its regulated security token offering.
How many shares of INX Digital are outstanding?
INX Digital has roughly 238.21 million shares outstanding.
What was INX Digital’s revenue in recent financial reports?
The company reported about $1.16 million in annual revenue based on recent financial statistics.
How large is the reserve fund maintained by INX for customer protection?
INX maintains a $34.3 million reserve fund to protect customer assets.
Conclusion
INX Digital operates at the intersection of regulated financial markets and blockchain technology, offering a platform for tokenized securities and digital asset trading. The company’s hybrid model, combining broker-dealer regulation with blockchain settlement, places it within a rapidly evolving financial infrastructure sector.
While still a relatively small fintech player, INX Digital reflects broader industry trends such as real-world asset tokenization, institutional crypto adoption, and digital securities issuance. As global financial markets continue exploring blockchain-based infrastructure, platforms like INX may play a growing role in enabling compliant tokenized capital markets.
