Former NYDFS Virtual Currency Chief Joins INX Limited As Deputy General Counsel

INX Limited (“INX”), the owner of blockchain-based platforms for trading digital securities and cryptocurrencies, today announced that Jonathan Blattmachr has joined INX as deputy general counsel. This hire is another development by INX to expand its mission in delivering trust and credibility to the industry.

Blattmachr will oversee the regulatory strategy of INX and its operating subsidiaries and will allow INX to further establish itself as an operator of trusted digital asset trading platforms.

Prior to joining INX, Blattmachr was the Virtual Currency Chief and Assistant Deputy Superintendent at the New York State Department of Financial Service (“NYDFS”) in its Research and Innovation Division. NYDFS is responsible for regulating financial services and products, including those subject to New York insurance, banking and financial services laws. NYDFS oversees the virtual currency business in New York State under the BitLicense regulation. At NYDFS, Jon oversaw the applications, supervision, examination, and policy teams that supervise regulated entities conducting virtual currency business activity in New York State. Prior to joining NYDFS, Jon was in private practice at BakerHostetler LLP and Schulte Roth & Zable LLP.

Alan Silbert, CEO of North America, commented, “We are excited to have Jon join us and help guide us through the regulatory landscape of digital assets. His experience at NYDFS and in private practice will be critical as we establish ourselves as the preferred global hub for digital assets.” Cathy Yoon, INX General Counsel added, “I expect Jon and I will make a formidable team to lead INX through the continued expansion of its businesses in a manner that is business forward and compliant with the current and future global regulatory regimes.”