Join Our Mailing List
Friday February 03, 2023
Bitcoin (BTC) $23,520.30   Ethereum (ETH) $1,648.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Token Offerings/Listings

LXDX begins ICO to launch new crypto derivatives exchange

Published by CryptoNinjas.net
11/05/2018
LXDX begins ICO to launch new crypto derivatives exchange

LXDX, a high-speed cryptocurrency exchange operated with military-grade security protocols, today launched its initial Security Token Offering. LXDX development is led by CTO Steven Thomas, former U.S. Navy Cryptologic Technician and Executive Director of Experimental & Performance Technology at Tower Research Capital.

Steven Thomas, who worked on cryptology and signal intelligence products while in the US military, ensures that security for customer funds and transaction integrity is a prime focus of LXDX. His team implemented information protection similar to the architectures of intelligence agencies and built real-time encryption hardware modules into LXDX’s structural design. “Between our software, hardware custody solutions, and real-time trade surveillance, we are setting the standard for security and trust in the industry,” Thomas explains. “We’ve structured the LXDX system to enable ultra-secure information compartmentalization.”

The LXDX corporation will issue tokens that together represent a 10% share in the company and dividend rights. LXDX is the first digital asset exchange to offer tokens backed by both equity as well as a recurring dividend payment.

LXDX Tokens are ERC-20 compliant tokens or equivalent that will be offered as a security to investors in accordance with Malta and other laws. Each token represents ownership rights in LXDX Ltd. Ten percent of adjusted gross revenue will be distributed to token holders on a quarterly basis pursuant to the conditions discussed in the Offering Document.

The company will be releasing five million tokens at a price of 1 Euro per token.

“As blockchain technology proliferates, we expect to see increased tokenization of tangible assets like real estate, commodities, and even art. The million token future is just around the corner. We are excited to provide our community a chance to experience the benefits of a true security token.”

LXDX CEO, Joshua Greenwald

Noteworthy investors in LXDX include Dymon Asia Ventures, Arianna Simpson of Autonomous Partners, and Robert S. Murley, Chairman of Investment Banking for the Americas and Vice-Chairman of Credit Suisse Securities (USA) LLC and limited partner in Pine Point Capital.

21
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto exchange LXDX to halt trading; planning new efforts

10/15/2019
LXDX CryptoNinjas

LXDX, a crypto derivatives exchange, announced it will be halting trading effective October 31st. The LXDX team says that it is not going anywhere, and is currently working on improvements to its technology in...

Read more

LXDX Warrants now available on newly launched crypto derivatives exchange

01/16/2019
LXDX begins ICO to launch new crypto derivatives exchange

LXDX, a recently launched crypto derivatives exchange, has announced that the first of their derivative products—LXDX Warrants—are now available for trading. The LXDX exchange seeks to provide investors access to institutional liquidity with products that...

Read more

Crypto derivatives exchange LXDX opens early access registration

11/26/2018
Crypto derivatives exchange LXDX opens early access registration

LXDX, a digital asset exchange focusing on derivatives based on underlying cryptocurrency assets, announced that it has opened platform access ahead of launch next month. Traders are able to create accounts and begin regulatory Know...

Read more

LXDX gets investment from Dymon Asia Ventures to expand its crypto exchange technology

08/10/2018
LXDX gets investment from Dymon Asia Ventures to expand its crypto exchange technology

In order to make its cryptocurrency trading and exchange technology services more widely available, startup company LXDX has received backing by Dymon Asia Venture Capital Fund LP, the venture capital arm of Dymon Asia...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy