Neo-X Financial Granted Australian Financial Services Licence by ASIC
Neo-X Financial has achieved a significant operational milestone through the granting of an Australian Financial Services Licence from ASIC. This accomplishment strengthens our foundation, enhancing our ability to serve clients in digital assets and FX with greater confidence and compliance. *Wholesale Clients Only.
Neo-X Financial Pty Ltd (23 674 294 127), part of the Neo-X Group, has been granted an Australian Financial Services Licence by ASIC - for Wholesale Clients Only.
7 April 2026
Distributed ledger technology sits at the centre of one of the most consequential structural shifts in modern finance, evolving rapidly in real time.
We are pleased to announce to the market, that we have been granted an AFSL by ASIC. We're 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."
Drew Kilroe - Chief Executive Officer
As the Australian market evolves, we remain focused on leading through change. We are well positioned to navigate the regulatory landscape and 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. We will continue to refine our commercial offering, sharpening price, settlement speeds, and execution capabilities.
TRADE EXECUTION
Our 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, we 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
Our 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. We facilitate the settlement workflows that connect trade execution to client treasury, with controls embedded at every step. Every transaction running through our 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. We've 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.
We do not provide financial products or services to retail clients.
Media Contact:
E: sales@neox.au
Ph: (02) 9136 0264
The Information contained herein, has been provided by the Neo-X Group for general purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information within constitutes general advice only and does not take into account your objectives, financial situation, or needs. It is not intended as, and does not constitute, personal financial advice, investment advice, tax advice, or any other professional advice; andis general in nature and is not specific to you or anyone else. Before acting on any of the information presented, you should consider its appropriateness to your circumstances and seek independent professional advice from a licensed financial adviser, accountant, or legal practitioner. You acknowledge that you use any and all information available on this site at your own risk.
RISK STATEMENT - Trading in foreign exchange, digital assets, and cryptocurrencies carries a high level of risk and may not be suitable for all investors. Prices can fluctuate significantly, and you may lose some or all of your invested capital. Past performance is not a reliable indicator of future performance. Anyone wishing to invest or trade should seek their own independent financial or professional advice and should only commit capital they can afford to lose.
Neo-X Financial Pty Ltd holds Australian Financial Services Licence No. 558430. Services are provided to wholesale clients only, as defined under sections 761G and 761GA of the Corporations Act 2001 (Cth).