Share this article
Blockchain Firm Diginex May Soon List on Nasdaq in the US: Report
The blockchain and cryptocurrency services firm could soon to go public in the U.S. via a reverse IPO, a report says.
Updated Sep 13, 2021, 9:24 a.m. Published Jul 10, 2019, 9:46 a.m.
A blockchain and cryptocurrency firm is soon to go public on Nasdaq in the U.S., according to Bloomberg.
In a report Wednesday, the news provider cited sources "familiar with the matter" as saying that Diginex Ltd., a company providing blockchain solutions and consultancy services, is soon to announce a merger with 8i Enterprises Acquisition Corp.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
With 8i already a Nasdaq-listed firm, the deal would allow Diginex to go public via a backdoor listing and avoid the regulatory complexities of a formal IPO process. The deal would reportedly still require approval from the U.S. Securities and Exchange Commission.
The Bloomberg sources said that, if completed, the deal would see Hong Kong-based Diginex valued at around $276 million including debt. Diginex shareholders would receive 20 million ordinary shares in 8i, valued at $10 each.
Both firms declined to comment on the merger, Bloomberg said.
Last month, Diginex teamed up with FIS, a financial services technology firm, to launch a trading tool aimed to help investors manage digital asset portfolios, the firm says on its website.
The reverse IPO, or reverse merger, method of going public has been attempted by other crypto firms. Early this year, Bithumb and OKCoin – both crypto exchanges – attempted to take over public companies with the aim of achieving backdoor listings on stock exchanges in the U.S. and Hong Kong, respectively.
Nasdaq image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.
What to know:
- The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
- A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
- Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.
Top Stories
