Diginex to raise $38 million to develop its crypto-derivatives ecosystem

Hong Kong blockchain company Diginex will raise $38.6 million to develop its line of cryptocurrency products through the sale of 2,571,699 shares, according to a пресс-релизе.

Diginex has signed a final agreement with several institutional investors for their participation in the private placement. The company plans to sell 2,571,699 shares and warrants for the same number of shares at $15 and an exercise price of $18.75 over three years.

Assuming the offer’s conditions are met, the deal will close on January 13.

In January, the EQUOS cryptocurrency exchange, operated by Diginex, added a perpetual Bitcoin contract to its listing.

The EQUOS ecosystem includes a regulated asset manager, cold and combined custody solutions, capital markets advisory and securitisation services, and a trading platform.

Back in 2020, Diginex became the first cryptocurrency exchange operator, whose shares have been added to the listing on Nasdaq.

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