The cryptocurrency exchange INX, which launched an initial public offering (IPO), has filed for listing of its digital shares on the Canadian Securities Exchange (CSE). The company said this in a press release.
\n
“Digital securities represent the logical evolution of how investment instruments are created, issued and traded on a regulated market,” says Richard Carlton, CEO of the CSE.
\n
INX conducts an IPO in the form of selling security tokens and aims to raise $117 million.
\n
“Digital securities open up new opportunities in regulated cross-border trading and listings. This is a new era in capital markets, where every share can be traded seamlessly on multiple exchanges, providing broader access to capital and liquidity,” said INX co-founder and president Shai Datika.
\n
Proceeds from the sale of digital shares will be used to launch a regulated crypto-trading platform and develop new financial instruments.
\n
Earlier INX announced the acquisition of Chicago broker-dealer OpenFinance Securities.
\n
Follow ForkLog news on Twitter!