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Publicly Traded INX Crypto Exchange to Acquire Broker-Dealer Openfinance

INX Limited, a cryptocurrency exchange that went public on Ethereum last month, agreed to purchase U.S. broker-dealer Openfinance Securities.

Oct 27, 2020 at 1:50 p.m. UTC
Updated Sep 14, 2021 at 10:24 a.m. UTC

INX Limited, a cryptocurrency exchange that went public on Ethereum last month, has agreed to buy U.S. broker-dealer Openfinance Securities, the company announced in a press release Tuesday.

  • INX will also acquire Chicago-based Openfinance’s alternative trading system, digital asset listings, client base and licenses.
  • INX aims to bolster its status as a provider of novel trading and capital-raising instruments through the acquisition. 
  • The terms of the deal were not disclosed.

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