Distributed ledger technology sits at the centre of one of the most consequential structural shifts in modern finance, evolving rapidly in real time.
Neo-X Financial have announced to the market that they have been granted an Australian Financial Services Licence (AFSL) by ASIC. Neo-X are building the bridge between traditional financial systems and digital asset markets – delivering institutional-grade infrastructure that enables capital to move seamlessly across both environments within a strong regulatory framework.
“The AFSL reflects our unwavering commitment, not only to the standards required by the regulator, but also to those that we hold ourselves too internally. We welcome the new industry benchmark and look forward to broadening our service offering to a rapidly growing market,” said Drew Kilroe, Neo-X Chief Executive Officer.
As the Australian market evolves, the company remain focused on leading through change, and are well positioned to navigate the regulatory landscape plus welcome a framework that enables constructive collaboration between industry and regulators.
OTC TRADING
Neo-X will continue to expand its OTC offering. Providing liquidity solutions across more digital asset and fiat currency pairs. They will continue to refine their commercial offering, sharpening price, settlement speeds, and execution capabilities.
TRADE EXECUTION
Neo-X’s execution model is channel agnostic. Clients access Neo-X through a combination of voice, chat, portal, or API best fits their workflow – execution quality, settlement standards, and service coverage are consistent across all of them.
DERIVATIVES
Mitigate market exposures, secure cashflows, and create certainty through derivative strategies designed around the realities of our clients’ businesses. Whether the exposure sits in cross-border payments, trading inventory, treasury operations, or digital asset positions, Neo-X structure forwards, swaps, and bespoke hedging products that match the underlying risk. The result is a hedging program that protects outcomes on terms that actually fit.
NON-CASH PAYMENTS
Neo-X’s non-cash payment authorisation underpins how value moves through the Neo-X platform – across digital asset rails, fiat rails, and the cross-border flows that increasingly sit between them. Neo-X facilitate the settlement workflows that connect trade execution to client treasury, with controls embedded at every step. Every transaction running through their institutional-grade compliance infrastructure.
Client funds are held under our basic deposit authorisation while transactions are arranged and finalised, ensuring capital sits within a regulated framework throughout the entire trade lifecycle. For wholesale clients managing real flows – between counterparties, across borders, and across asset classes – non-cash payment capability is the difference between a desk that quotes prices and a counterparty that completes transactions. Neo-X have built the latter.
Neo-X Financial Pty Ltd (AFSL 558430) has been granted an Australian Financial Services Licence, available only to wholesale clients as per Sections 761GA and 708(10) of the Corporations Act 2001 (Cth) (Sophisticated / Wholesale Client). To serve these products, Neochain Pty Ltd (CAR No. 001320366) and NeoFX Pty Ltd (CAR No. 001320367) have been appointed as Corporate Authorised Representatives.
Neo-X Financial do not provide financial products or services to retail clients.