The platform for trading digital securities and cryptocurrencies INX объявила the closure of its token initial public offering (IPO) on April 22.
According to the statement, this will be the last day on which the asset can be purchased in the IPO at a price of $0.9 per unit.
«INX has secured its position as the first company to conduct a registered SEC offering of digital shares for both retail and institutional investors. We look forward to a similarly successful exit on the secondary market», — said the company’s CEO Shai Datika.
The exchange began its IPO in August 2020, aiming to raise $117 million through the sale of 130 million tokens.
INX did not disclose how close it came to meeting its target.
Earlier, the company submitted a listing application for its digital securities on the Canadian Securities Exchange (CSE).
In March 2021, INX said it intended to be listed among the tradable assets in the venture section of the Toronto Stock Exchange — TSVX.