Exchanges

INX applies to list digital token on Canadian Securities Exchange

INX Limited has announced its application to list its INX token on the Canadian Securities Exchange, which is now subject to approval, according to a press release shared with Coin Rivet.

The company recently launched the first SEC-registered digital security IPO for both retail and institutional investors.

INX plans to use the proceeds from the recent IPO to launch a regulated trading platform for digital assets in collaboration with traditional exchanges worldwide.

Canadian Securities Exchange CEO, Richard Carleton, said: “The CSE is working hard towards listing solutions that cater to a rapidly changing and increasingly digitised capital markets environment.

“Digital securities represent a logical evolution in how investment instruments are constructed, issued, and traded on a regulated marketplace.

“It comes as no surprise that new product innovations are originating from Israel, where the culture of entrepreneurship and technical leadership are a perfect fit with our exchange.”

Shy Datika, Co-Founder and President of INX, added: “Digital securities represent new opportunities in regulated cross-border trading and multi-listings. It is a new era in capital markets where each listed security can be seamlessly traded on multiple exchanges providing much higher access to capital and liquidity for each trading asset.”

For more news, guides and cryptocurrency analysis, click here.

Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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