Back
NYIAX, Inc.
IPONYX.NASDAQPast

NYIAX, Inc.

Finance, advertising, blockchain

Company website ↗
Foundation year: 2012
IPO date
15/02/2024

About

A financial-advertising technology company founded in 2012 by Carolina Abenanthe, Mark Greenbaum, and Graham Mosley. They developed the NYIAX business model, aimed at applying financial technologies on the platform and rigor in the advertising industry.

The NYIAX platform utilizes Nasdaq's financial framework ("NFF"). The company employs smart contracts and blockchain technology as its primary ledger, allowing for the formation of contracts, monitoring their compliance, and facilitating their reconciliation. The use of NYIAX's financial technologies automates many outdated and manual processes in the advertising industry. NYIAX aims to change the methodology of market development in the advertising ecosystem. The main mission of the company's advertising market is to connect buyers and sellers of media through reliable, secure, and efficient transactions. This technological platform is protected by a joint patent of NYIAX and Nasdaq Technology AB ("Nasdaq"), a subsidiary of Nasdaq, Inc. This patented method creates current and future opportunities in the media and advertising industries.

The NYIAX platform was partially developed based on a joint patent with Nasdaq, where NYIAX and Nasdaq adapted and expanded the functionality of the exchange's order book, matcher, and search engine, to efficiently scale a new class of assets using Nasdaq market technology.

.

Number of employees

30-50

Headquarters location

180 Maiden Lane, 11th Floor, New York, NY 10005

_____________________________

Financials

Revenue -$0.73M

Net Income -$10.14M

_____________________________

Prospects

NYIAX has integrated the Hyperledger Fabric Blockchain, a corporate blockchain, as its primary ledger for tracking order conditions, contract management, and reconciliation. NYIAX and Nasdaq have entered into several long-term agreements to create and support the NYIAX platform.

_____________________________

 

Underwriters

WestPark Capital, Carolina Abenante, Mark Grinbaum

logo
+992 918 138 895

Calls within Tajikistan are free

The information provided is for informational purposes only and should not be considered as an offer to buy or sell foreign currency, securities and/or other financial instruments. The information presented on this website is not an individual investment recommendation. Financial instruments or transactions mentioned in this section may not be suitable for you, may not correspond to your investment profile, financial situation, investment experience, knowledge, investment objectives, attitude to risk and profitability.

LLC "Exchange Broker" does not guarantee and does not promise future profitability of investments, does not guarantee the reliability of possible investments and the stability of possible income. Investment results in the past do not guarantee income in the future.

LLC "Exchange Broker" is not responsible for possible investor losses in the event of transactions and investments in financial instruments, and also does not guarantee the return, effectiveness and profitability of investments.

LLC "Exchange Broker" hereby informs that it operates in the securities market in accordance with the following professional participant licenses issued by the Ministry of Finance of the Republic of Tajikistan: depository activity No.010/25 dated 25.06.2025; brokerage activity No.007/25 dated 25.06.2025; dealer activity No.008/25 dated 25.06.2025 and securities management activity No.009/25 dated 25.06.2025, and also informs about the risk of a conflict of interest, including as a result of combining various types of professional activity in the securities market.