{"id":4493,"date":"2021-05-05T13:14:11","date_gmt":"2021-05-05T13:14:11","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4493"},"modified":"2021-05-05T13:15:41","modified_gmt":"2021-05-05T13:15:41","slug":"inxs-ipo-and-token-sale-a-report","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/inxs-ipo-and-token-sale-a-report\/","title":{"rendered":"INX\u2019s IPO and token sale: A report"},"content":{"rendered":"

INX Limited offered an SEC-approved token in an IPO (Initial Public Offering) sale for the first time. It is a Blockchain-trading platform, and it raised $85 million in profits from the sale. Nearly, 7000 investors participated in this event. The IPO was wrapped during the end of the previous month.<\/p>\n

\"Back<\/a><\/p>\n

Aside from that, the company also collected 39.6 million dollars from private equities of the Toronto Stock Exchange, increasing the amount to $125 million (awaiting confirmation from TSX). Most of this payment was in cryptocurrencies, which was then translated into fiat money, sources say.
\n\"cloudways\"<\/a>
\nThis fund will be used in the generation of a trading platform where users can trade in crypto, and security tokens. This event can encourage other companies to come up with their own tokens, said an enthusiastic Shy Datika, co-founder at INX.<\/p>\n","protected":false},"excerpt":{"rendered":"

INX Limited offered an SEC-approved token in an IPO (Initial Public Offering) sale for the first time. It is a Blockchain-trading platform, and it raised $85 million in profits from the sale. Nearly, 7000 investors participated in this event. The IPO was wrapped during the end of the previous month. Aside from that, the company …<\/p>\n","protected":false},"author":1,"featured_media":4492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[15],"tags":[143,165,246,136,296,298,299,297],"aioseo_notices":[],"yoast_head":"\nINX\u2019s IPO and token sale: A report | atozcrypto news<\/title>\n<meta name=\"description\" content=\"INX Limited offered an SEC-approved token in an IPO (Initial Public Offering) sale for the first time.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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