Home Blockchain INX will issue an SEC-regulated CCNA token, emphasizing the concept ‘Future of Green Automotive Transportation and Logistics’

INX will issue an SEC-regulated CCNA token, emphasizing the concept ‘Future of Green Automotive Transportation and Logistics’

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INX will issue an SEC-regulated CCNA token, emphasizing the concept ‘Future of Green Automotive Transportation and Logistics’

Source: blockchain.news

INX Digital Company, Inc., a US regulated stockbroker, ATS and transfer agent, announced on July 5, 2023 the facilitation of the principal capital increase and CCNA token issuance of Convertible Concepts Corporation. The SEC-regulated digital security token offers accredited US and international investors the opportunity to invest in the future of green car transportation and logistics. The token is available for a minimum investment of $2,000, with $15 million already raised.

The CCNA token is the seventh token offering on INX.One in less than a year. Itai Avneri, Deputy CEO and COO of INX, stated: “By democratizing alternative investments, investors around the world can take advantage of the myriad of opportunities available through digital assets like the CCNA token, especially in industries like the automotive and logistics industry, which is ripe for disruption.”

Convertible Concepts aims to address the automotive hauling industry’s problem of single-use equipment, resulting in empty return trips for vehicle hauling trailers. This inefficiency accounts for 42% of car transportation miles, 2 billion gallons of wasted diesel fuel, and 22 million tons of avoidable CO2 emissions worldwide each year. The company’s convertible trailers, versatile cargo boxes and software-driven logistics solutions aim to reduce these inefficiencies and environmental impact.

Bill Pawluk, CEO of Convertible Concepts Corporation, commented: “This issue is our opportunity as we monetize miles that are normally empty, reducing our carbon footprint, improving efficiencies and helping to lower the cost of distribution for finished vehicles. All automotive stakeholders, including the customer, can benefit from Convertible’s solutions.”

The CCNA token offers its holders 40% of the total CCNA earnings in North America with no cap on ROI. The INX.One platform, the only fully regulated platform for listing and trading SEC-registered security tokens and CRYPTOCURRENCIESwill facilitate token offering.

Led by an experienced team of business, finance and technology veterans, INX provides regulated trading platforms for digital securities and cryptocurrencies. With a combination of traditional markets expertise and a disruptive fintech approach, INX aims to redefine the world of capital markets through blockchain technology and a disciplined regulatory approach. INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain, uniting communities and empowering them with financial innovation. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators such as the SEC and FINRA.

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