Cryptocurrency Middle East & Africa

A-Labs Secures $7.5 Million Anchor Investment in INX to Jumpstart First IPO for Digital Assets

A-Labs Advisory & Finance Ltd have announced the successful closing of a $7.5m anchor round in INX Limited. INX aims to provide a regulated trading platform for digital securities and cryptocurrencies and A-Labs was engaged by INX to lead its $117 IPO for digital assets and general fundraising strategy.

A registration statement relating to the offering of these securities was declared effective by the SEC on August 20, 2020. Copies of the registration statement can be accessed by visiting the SEC website at www.sec.gov. The offering is being made only by means of a prospectus. A final prospectus describing the terms of the offering has been filed with the SEC and forms a part of the effective registration statement. A copy of the final prospectus relating to the offering may be obtained, when available, by visiting the SEC’s website or the following website (click here) or by email to INX at [email protected].

Author

  • Editorial Director of the The Fintech Times

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