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INX to List on Canadian Securities Exchange Following IPO
INX will list on the CES once it closes its $117 million IPO.
By Danny Nelson
Updated Sep 14, 2021, 10:25 a.m. Published Oct 30, 2020, 6:05 p.m.
The INX cryptocurrency and security token exchange intends to trade on the Canadian Securities Exchange once it wraps up its initial public offering.
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- INX's digital security offering, the first such IPO registered with U.S. regulators, intends to raise $117 million from U.S. investors.
- Company leads say the CSE listing will be a boon for liquidity.
- The news follows INX's Oct. 27 acquisition of alternative trading system OpenFinance.
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Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.
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- According to the Nikkei, the Bank of Japan (BoJ) is set to increase interest rates to 75bps, the highest level in 30 years.
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