Home Breadcrumb caret Industry News Breadcrumb caret Industry INX pursues Canadian listing for digital tokens The crypto crypto firm is seeking a digital asset listing on the CSE By James Langton | October 30, 2020 | Last updated on October 30, 2020 1 min read © Monsit Jangariyawong / 123RF Stock Photo In a bid to bring regulated crypto asset trading to retail investors, a Gibraltar-based crypto trading platform INX Ltd. is seeking a listing for its digital tokens on the Canadian Securities Exchange (CSE). INX announced that it has applied to list its digital asset, the INX Token, on the CSE. Last month, INX filed a prospectus in the U.S. for an initial public offering of digital securities with the U.S. Securities and Exchange Commission. INX is seeking to raise US$117 million from the issuance of 130 million tokens valued at 90¢US each. Earlier this week, INX also announced that it has signed a term-sheet to acquire a FINRA-registered, Chicago-based broker dealer and ATS, Openfinance Securities LLC. “INX plans to provide novel trading and capital raising financial instruments to enterprises and companies worldwide,” the firm said in a statement. Commenting on the proposed Canadian listing, Richard Carleton, CEO of the CSE, said in a release, “The CSE is working hard towards listing solutions that cater to a rapidly changing and increasingly digitized capital markets environment.” “Digital securities represent new opportunities in regulated cross-border trading and multi-listings,” said Shy Datika, co-founder and president of INX. “It is a new era in capital markets where each listed security can be seamlessly traded on multiple exchanges providing much higher access to capital and liquidity for each trading asset.” James Langton James is a senior reporter for Advisor.ca and its sister publication, Investment Executive. He has been reporting on regulation, securities law, industry news and more since 1994. Save Stroke 1 Print Group 8 Share LI logo