INX Limited announced that the firm would be applying for listing its digital security token on the Canadian Stock Exchange, provided it receives approval from them.
INX said that it intends to release its regulated digital asset platform, which provides token issuance and trading.
INX limited most recently successfully cleared the approvals for listing in the US stock exchange by the SEC( United States Securities Exchange Commission) and listed its Ethereum based token IPO in the US. The 117 million USD IPO was the maiden token to receive clearance from the US regulator for listing. The IPO launch would fund the launch of the regulated trading platform by INX.
OpenFinance Acquisition To Boost INX Listing
The company also announced that it would procure OpenFinance Securities some time back. OpenFinance fast became one of the trusted platforms in the US blockchain community. INX procuring OpenFinance must have impacted the US regulators’ decision as they may have seen the company offering liquidity to the investors.
Canadian Securities Exchange CEO Fosters Digital Securities As New Investment Instrument
Richard Carleton, CEO of the Canadian Securities Exchange, said working towards catering to the digitized capital markets. Digital Securities shows the growth of the investment instruments and how they are traded and issued. The newer innovations are originating from a country like Israel, which has successful entrepreneurship and technical leadership. He further added that the CSE is working towards bringing the listing solution to cater to the changing and growing digitized capital markets.
Sky Datika, Talks About OpenFinance
The Co-Founder and President, Shy Datika, said that digital securities bring legalized cross-border trading and multi-listing systems to users. The capital markets enter a new dawn where the securities can be traded on the multiple exchanges that promote broader access to the capital and increase liquidity to the trading assets.
Bringing Blockchain Benefit To Users
INX reveals that it plans to bring the potential benefits of the blockchain to the users in the most regulated form with its first-ever SEC-registered token IPO. The INX wants to create the listing and trade the security tokens and cryptocurrencies for investors.
INX said that it intends to release its regulated digital asset platform, which provides token issuance and trading.
Disclaimer
The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.
