Trading activity on i-Deal Corp’s platform i-Dx has surged more than 100% since widening its reach in January, the company has revealed.
i-Dx, which was established as a brokerage-free platform for listed companies and investors, now has more than 2,000 diverse users.
Users include listed and private companies, crypto and blockchain companies; private and institutional investors; investment companies (angel investors and VCs); P2P lending funds, among others.
Forty-two placings and over US$500mln
Since its inception in 2017, i-Dx has had 42 placings with a total value of over US$500mln on the platform. The largest placing was US$44.8mln.
The platform has seen activity from more than 40 countries with placings across a broad range of industries including oil and gas, real estate, automotive, pharmaceuticals, beverages, software, mining, alternative energy, financial services and initial coin offerings (ICO).
The company said Brexit and on-going trade talks between the US, EU and Asian markets has caused significant market volatility, meaning investors have looked beyond their shores for opportunities.
The group added that listed and private companies, as well as cash shells and start-ups, are successfully raising money and awareness of their operations through Newsboard, while businesses undertaking ICOs or token sales are also registering with i-Dx in droves.
The platform is also being used by intermediaries representing multiple clients with the aim of reaching out to international investors and enlarge their existing distribution network.
“This all-in-one platform has been the natural evolution of the investment community, embracing the technology that has already changed the way we communicate,” i-Deal said.
Partnership with Token Communities to benefit i-DX and its audience
In May, i-Deal announced that it agreed a partnership with Token Communities PLC, a Gibraltar-based incubator and crypto investment vehicle for blockchain businesses.
Token Communities is using, i-Dx, to help in connecting the various investors with various blockchain technology companies they advise.
This partnership will be a “significant benefit for both i-Dx and its audience”, i-Deal said.
i-Dx and initial coin offerings
i-Dx is also being used for pre-ICO (seed) fundraising.
i-Deal said organisations can use the platform to broadcast latest offerings to the international investment community while still being able to communicate anonymously or be identified in a more “trusted and secure environment”.
Investors are able to make direct contact with the sell-side, commission free.
“With i-Dx, listed companies, private companies and ICOs can communicate directly with investors from around the world, broadening their reach like never before,” i-Deal said.
“By bringing the global investment community together on a single, easy-to-use platform, investors and companies can find the right deal, in the right market, on the right terms.”