Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private Funding
Diginex has become the first crypto exchange operator to be traded on Nasdaq, listing under the EQOS ticker symbol.
Oct 1, 2020 at 11:00 a.m. UTCUpdated May 9, 2023 at 3:12 a.m. UTC
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Blockchain services firm Diginex has become the first crypto exchange operator to list on Nasdaq. The stock went live Thursday morning under the EQOS ticker symbol, a nod to the firm’s EQUOS.io trading platform.
- Diginex’s back-door listing came through a merger with a special-purpose acquisition company (SPAC) called 8i.
- After raising private capital and redeeming shares of the SPAC, the company now has $50 million in capital for strengthening its balance sheet and investing in the business.
- Diginex CEO Richard Byworth said he expects a mix of global retail and institutional investors to buy shares. Over time, he expects the majority of Diginex shareholders to be U.S. investors because of the Nasdaq listing.
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