Initial Review – Israeli crypto exchange INX and its binary options and crypto legacy
In April 2021, the Israeli INX Group closed its IPO with $83.6 million in gross proceeds from over 7,300 retail and institutional investors. 92.9M INX Tokens were sold in the IPO for $0.90. The first SEC-registered security tokens offering in the U.S. INX acquired I.L.S Brokers and Openfinance and recently launched its INX Securities crypto trading platform and approved the listing of its own INX Token. INX co-founder Shy Datika is a binary options veteran and used to run Anyoption until he sold the binary options scheme to notorious Israeli crypto activist Moshe Hogeg.