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.
The deal allows users to trade security tokens and cryptocurrencies side by side on the exchange.
The crypto exchange has completed the first security token offering registered with the U.S. Securities and Exchange Commission.
The deal is "another building block and touch-point" linking crypto with traditional finance, INX President Shy Datika said.
The exchange made history last year by conducting an initial public offering (IPO) on the Ethereum blockchain.
INX will list on the CES once it closes its $117 million IPO.