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.
INX is going to acquire @OpenfinanceIO!
Click here to learn more about our unified vision of providing a safe and regulated ecosystem for listing and trading of digital assets >>> https://t.co/1skzLl4nrI
— INX Ltd. (@INXLimited) October 27, 2020
“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.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.