IX-CORE IS LIVE ON TESTNET

Private assets that earn. Now on‑chain.

Infrastructure, credit, equity and real estate earn real revenue — and almost none of it is on-chain. IX is building the protocol that brings it there.

01Own · live02Borrow03Finance
20
Assets on the register
$1.72M
Backing, in test tokens
75
Holders
2
Networks, one register
0
Reconciliation delta, nightly

TESTNET FIGURES AS OF 2026-08-20. NOTHING HERE IS A LIVE FINANCIAL PRODUCT.

Three layers. One protocol.

Each layer stands on the one before it. You cannot lend against an asset that is not on-chain, and you cannot finance new assets without a market that values them.

LAYER 01LIVE ON TESTNET
Own

Tokenize private assets that earn real revenue. Each market gets its own product.

Read layer 01
LAYER 02PLANNED
Borrow

Lock what you hold as collateral and borrow against it — without the months of paperwork.

Read layer 02
LAYER 03PLANNED
Finance

Put capital to work funding the infrastructure the AI economy runs on.

Read layer 03

01OWN

Tokenize private assets that earn real revenue.

Every private market works differently, so each one gets a product built for it. They all share the same foundation: a claim anyone can verify, with the holdings behind it kept sealed.

REGISTER · ENTRY 0007FIRST BOOK · TESTNET

ASSET ID

IX·INF·0007

Book
Private infrastructure
Asset
AI compute cohort
Holder
SEALED
Amount
SEALED
Other holders
SEALED
Backed

Reserves cover everything issued

Solvent

Provable this period, no balance shown

Real

Traces to a recorded asset ID

Verifying…

ILLUSTRATIVE ENTRY. SEALED FIELDS FOLLOW THE IX CIPHER SPECIFICATION, WHICH IS NOT YET LIVE.

02BORROW

PLANNED

Borrow against what you hold.

A bank will lend against your house — once it has valued it, papered it and kept you waiting. An asset on IX has already been through all of that, so it can be put to work the moment you need it.

  • Locked on-chain as collateralYour claim is held by the contract for as long as the loan is open. You keep the asset and its upside.
  • Already marked, so no valuation queueThe asset is valued continuously on the register. The number a lender needs already exists.
  • Repaid from what the asset earnsCollateral that produces revenue can service its own loan, month by month.
IX CREDIT · LOANPLANNED · ILLUSTRATIVE

COLLATERAL

IX·INF·0007

Marked value $10,000

LOCKED ON-CHAIN
$3,000
$030% OF VALUEUP TO $5,000

Repaid from what the asset earns

MONTHLY REVENUE

To the loan To you
Claim locked. Loan issued against it.ILLUSTRATIVE

The same loan, two ways.

SAME COLLATERAL · DIFFERENT PATH

A BANK

Weeks · signed by hand

  1. 01Apply
  2. 02Valuation
  3. 03Paperwork
  4. 04Credit committee
  5. 05Legal sign-off
  6. 06Funds

ON IX

One transaction · on-chain

  1. 01Lock the asset
  2. 02Borrow

The asset was already recorded and already marked.

03FINANCE

PLANNED

Capital for AI infrastructure.

AI needs machines faster than banks will lend against them. Layer 03 lets capital fund that build-out directly — secured by the hardware, repaid by the revenue the hardware earns.

Secured bythe hardware
  1. 01Lenders
  2. 02Financing pool
  3. 03AI infrastructure
  4. 04Compute revenue
FINANCING POOLPLANNED · ILLUSTRATIVE

COLLATERAL

The hardware

REPAYMENT

Compute revenue

LENDERS EARN

From real usage

FINANCED OPERATORS

  • Operator A · Inference cluster64% REPAID
  • Operator B · Training capacity38% REPAID
  • Operator C · Edge compute12% REPAID
Repaying from revenue, every month.

Every product, by layer.

One runs today, on testnet. The rest are written down and labelled for what they are — we would rather you knew which is which.

01OWN

IX-CORE

LIVE ON TESTNET

The first market: AI compute, marked from live rates, income accruing into the unit.

Read more

IX Cipher

SPECIFIED

The sealed claim — verifiable by anyone, amounts and holders kept private.

Read more

IX Protocol

PLANNED

Asset owners bring their assets onto IX and issue them under their own brand.

Read more
02BORROW

IX Credit

PLANNED

Lock a claim as collateral and borrow against it, repaid from what it earns.

Read more

BUILT ON LAYER 01

03FINANCE

AI Infrastructure Financing

PLANNED

Capital for operators building compute, secured by the hardware and its revenue.

Read more

BUILT ON LAYER 01 + 02

Questions.

What is live today?

IX-CORE, the first market, runs on Base and Robinhood Chain testnets and settles in test tokens. IX Cipher is specified. IX Protocol, IX Credit and AI infrastructure financing are planned.

Is IX a GPU company?

No. AI infrastructure is the first market because it earns, it can be measured, and it let us prove the rails on something real. Private credit, private equity and real estate follow, each with its own product.

How would borrowing against an asset work?

An asset on IX is already recorded and marked, so it can be locked as collateral on-chain and a loan issued against it, with the asset's revenue going towards repayment. This is IX Credit, and it is planned — not live.

Can I bring my own assets?

That is what IX Protocol is for: asset owners issue their assets on IX under their own brand. It is planned; onboarding will be a reviewed process, not an open form.

Is any of this real money?

Not yet. Everything on the testnet settles in test tokens. The marks come from live market rates, so the mechanics are real; nothing on this site is a live financial product.

The first layer is running. Go and look.

IX-CORE marks every night on testnet. Every position, mark and settlement on it is open to inspection.

Open the testnetRead the docs