May 18, 2022 The INX Digital Company Inc.

The INX Digital Company Names Renata Szkoda as Chief Financial Officer

 
INX Digital
NEW YORK, May 18, 2022 — The INX Digital Company, Inc. (NEO:INXD) (the “Company“), the owner of digital asset trading platforms, announces the appointment of Renata Szkoda as chief financial officer, effective immediately.

Szkoda is a seasoned financial executive who offers extensive experience in regulated capital markets and a strong record of achievement in building financial infrastructure and enabling business expansion via financial solutions, and delivering results with laser focus on financial performance.

“We are excited for Renata to join The INX Digital Company, Inc.’s (NEO:INXD) leadership team as the new CFO,” said Shy Datika co-founder and CEO of The INX Digital Company, Inc. (NEO:INXD). “Her deep financial experience and understanding of digital securities and capital markets make her the ideal strategic leader to help navigate being a public company on both the NEO exchange in Canada and in the U.S. via our token. She offers extensive experience in financial regulation leading finance, clearing, treasury and operations for broker dealers and brokerage firms across multiple asset classes including digital assets, securities, regulated futures contracts, foreign exchange products, derivative financial instruments and more. Renata is the ideal fit for The INX Digital Company, Inc. (NEO:INXD), especially at this crucial stage in our growth as a company.”

Szkoda was most recently the director of finance at Galaxy Digital, the financial services and investment management firm offering institutional-grade products and services in digital assets. She currently serves as chair of the Global Digital Asset & Cryptocurrency Association, a global self-regulatory association for the digital assets and cryptocurrency industry which she co-founded. Previously, Szkoda served as the chief financial officer of KCG Futures; senior vice president, accounting and finance at Rosenthal Collins Group; and senior audit manager in the Financial Services Practice Group of RSM McGladrey.

“I am very excited to start working with the impressively talented and driven team at The INX Digital Company, Inc. (NEO:INXD),” said Szkoda. “The digital securities space is poised for massive growth and I truly believe this technology will change the future of capital markets. I look forward to partnering with Shy as this company enters its next phase of growth and leadership in the space.”

About The INX Digital Company, Inc.

The INX Digital Company, Inc. (NEO:INXD) 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 it 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, the Company’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.

SOURCE The INX Digital Company, Inc. (NEO:INXD).

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding THE INX DIGITAL COMPANY, INC.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to THE INX DIGITAL COMPANY, INC.s industry; (b) market opportunity; (c) THE INX DIGITAL COMPANY, INC.’s business plans and strategies; (d) services that THE INX DIGITAL COMPANY, INC. intends to offer; (e) THE INX DIGITAL COMPANY, INC..’s milestone projections and targets; (f) THE INX DIGITAL COMPANY, INC.’s expectations regarding receipt of approval for regulatory applications; (g) THE INX DIGITAL COMPANY, INC.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) THE INX DIGITAL COMPANY, INC.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute THE INX DIGITAL COMPANY, INC.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) THE INX DIGITAL COMPANY, INC.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) THE INX DIGITAL COMPANY, INC.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) THE INX DIGITAL COMPANY, INC.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of THE INX DIGITAL COMPANY, INC. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) THE INX DIGITAL COMPANY, INC.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact THE INX DIGITAL COMPANY, INC.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing THE INX DIGITAL COMPANY, INC.’s business operations (e) THE INX DIGITAL COMPANY, INC. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, THE INX DIGITAL COMPANY, INC. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does THE INX DIGITAL COMPANY, INC. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither THE INX DIGITAL COMPANY, INC. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

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