LOGO_CRYPTO_SIGHT

INX Finalize Listing Across International Exchanges to Promote $117M IPO

By Emily Rys | November 3, 2020

International crypto assets trading platform INX is reportedly aiming to widen the scope of its ongoing initial public offering, getting listed across exchanges throughout the globe. 

Specifically, as part of the effort te extra liquidity for its $117 million IPO, INX has reportedly finalized the application with the Canadian Securities Exchange for the listing of its security token, which will seek to be approved by the CSE. 

As disclosed by an INX’s spokesperson, the firm reportedly looks to finalize the listing of the INX token across numerous international exchanges, but selected CSE to be the first. 

“This will provide dramatically higher access to capital and liquidity on a global scale, impacting the legacy equity way of the stock exchanges of the world”.

Head of CSE, Richard Carleton, reportedly revealed that the exchange is putting in efforts to get the listing of new solutions done, in a bid to “cater to a rapidly changing and increasingly digitized capital markets environment.”

“Digital securities represent a logical evolution in how investment instruments are constructed, issued, and traded on a regulated marketplace.” 

INX is reportedly carrying out its IPO, which was generally perceived as the first of its type, to successfully obtain the approval of the US SEC. The company was reportedly also the first to win SEC greenlight for rolling out its token to both institutional and retail investors.

Tags: , ,

Related Articles

Comments