Express
INX Pursues Canadian Approval For $117 Million IPO
Summary: Digital assets trading platform INX is pursuing approval from the Canadian Securities Exchange for its $117 million IPO, according to Cointelegraph. The push for Canadian approval is part of INX's larger goal to expand its IPO to many exchanges internationally. Launched in August of this year, the IPO is the first SEC-approved opportunity for trading ...
Digital assets trading platform INX is pursuing approval from the Canadian Securities Exchange for its $117 million IPO, according to Cointelegraph. The push for Canadian approval is part of INX's larger goal to expand its IPO to many exchanges internationally.
Launched in August of this year, the IPO is the first SEC-approved opportunity for trading cryptocurrency in the form of securities, and it is also the first SEC-approved IPO making its token available to both insitutitional and retail investors. It remains to be seen whether or not INX will reach its $117 million goal by the end of the year.
By Isaac Goluboff
Tags: Canada,Cryptocurrency,Institutional Investor,IPO,Retail Investors,SEC,securities
Link: INX Pursues Canadian Approval For $117 Million IPO [Copy]