INX Becomes the First SEC-Registered IPO to Accept Crypto

INX Becomes the First SEC-Registered IPO to Accept Crypto

15th September 2020, New York, United States: INX will begin accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, beginning in the present day. INX mentioned over 3,000 retail and accredited buyers registered for the INX token providing throughout its first three days. Now that the minimal requirement INX has set to lift the primary $7.5 million of its as much as $117 million IPO in {dollars} and never crypto, has been met, buyers will be capable to buy INX tokens with these cash, right here:

INX has set the providing value at $0.90 per token with a minimal funding of $1,000. The providing is accessible in 14 U.S. states: California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Louisiana, Michigan, Minnesota, New York, Texas, Washington, Wisconsin, and Wyoming.

The firm plans to make use of IPO proceeds to proceed growing INX Trading Solutions, a regulated alternate for cryptocurrencies, safety tokens, and derivatives. Founded in 2017, Gibraltar-based INX first revealed its IPO plans in 2018 and filed a draft prospectus with the SEC in August 2019. The firm is headed by Alan Silbert, brother of Digital Currency Group’s founder Barry.

Read More:  TA: Bitcoin Surges 5%, Why Pullbacks Remain Attractive To The Bulls

About INX Limited

INX goals to supply a regulated buying and selling platform for digital securities and cryptocurrencies combining conventional markets experience and a novel fintech method. INX is led by an skilled workforce of enterprise, finance, and blockchain know-how specialists unified by the imaginative and prescient of redefining the world of capital markets by way of blockchain know-how and novel regulatory method.

Media Contact Details

Contact Name: Alona Stein (For INX)

Contact Email:

This press launch will not be a prospectus and doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase any securities in any jurisdiction by which such supply or solicitation of sale could be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction. This press launch is being issued pursuant to and in accordance with Rule 134 underneath the Securities Act of 1933. No securities regulatory authority has both permitted or disapproved of the contents of this press launch.

Read More:  Recent Bitcoin Breakout Barely A Blip In Coinbase Volume, But What Does This Mean?

INX Limited is the supply of this content material. This Press Release is for informational functions solely. Virtual foreign money will not be authorized tender, will not be backed by the federal government, and accounts and worth balances usually are not topic to shopper protections. Cryptocurrencies and tokens are extraordinarily unstable. There isn’t any assure of a secure worth, or of any worth in any respect.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press launch distribution wants of blockchain start-ups for over eight years. Get your Bitcoin Press Release Distribution in the present day.

This is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. will not be accountable, instantly or not directly, for any harm or loss induced or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about within the press launch.

Read More:  State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs

The publish INX Becomes the First SEC-Registered IPO to Accept Crypto appeared first on Bitcoin News.


Add comment