Blockchain trading platform INX completes $125M SEC-approved token IPO

Blockchain trading platform INX completes $125M SEC-approved token IPO

INX has reportedly raised $125 million from investors to build a fully regulated trading platform for crypto and security tokens. INX Limited has completed the first-ever Securities and Exchange Commission-approved token sale event via an initial public offering.According to a release issued by the company, the blockchain trading platform raised $85 million in gross proceeds from over 7,200 investors — both retail and qualified institutional actors. Details from the announcement show that the average of investors who participated in the token IPO was 42.As previously reported by....


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