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Home CryptoCurrency Diginex Set for NASDAQ Listing in September, Launches Singapore Exchange

Diginex Set for NASDAQ Listing in September, Launches Singapore Exchange

Source: Adobe/piccaya.

Hong Kong-based crypto trading platform operator Diginex is set to go public in September on the American NASDAQ stock market after winning consent from the market regulator– declaring that it will end up being the “first digital asset exchange to be listed in the United States.”

The company has actually likewise released a brand-new Singapore- based crypto exchange that will specialize in crypto derivatives. The exchange will be called EQUOS.io, and Diginex stated that it has actually used for an operating license from Singapore’s financial regulator and main bank, the Monetary Authority of Singapore (MAS).

The company stated EQUOS.io is an exchange that was “built for professional investors but designed for everyone.”

Diginex currently runs area trading in Singapore, however does so under a “temporary exemption” from licensing, the business specified in an official release.

The public listing offer has actually been in the pipelines for a year. Diginex has actually been dealing with the proposed NASDAQ listing with 8i Enterprises Acquisition, a financial investment holding business, for around a year.

Diginex had actually intended to go public as early as March this year, however after more problems, stated it has actually now gotten approval from the regulatory United States Securities and Exchange Commission (SEC).

Richard Byworth, Diginex’s CEO, stated that all that now stays is for investors to vote on the proposed NASDAQ launch on September 15, per Reuters.

Needs to the investors’ vote go on with no drawbacks, the public listing might happen on September 20-23

In a different interview with Bloomberg, the CEO specified,

“The tone for the United States and those important stock markets means we’re going to start to see more and more of this industry come to market.”

Speaking With Reuters, Byworth specified that going public “speaks to the credibility of the team” and the company’s “pedigree within traditional financial markets.”

And Byworth added that EQUOS.io might be set to diversify the nature of its offerings in the future, including,

” On the more intriguing edge of [crypto] derivatives, we have actually seen a more minimal item set concerned market since we are constrained by the facilities.”

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Tyler Hromadka
Tyler Hromadka
Tyler is working as the Author at World Weekly News. He has a love for writing and have been writing for a few years now as a free-lancer.

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