INX Scales Down US IPO Target to $117M – Still Set to Be Crypto’s Largest
The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date.
Doing its IPO on the Ethereum blockchain gives the public, and INX itself, a novel vista on the process, which traditionally has been a back-room affair.
Tal Elyashiv thinks Malaysia's Fusang Exchange will bring SPiCE VC the liquidity surge he seeks.
The INX IPO is the first of its kind and gives observers and issuers a ground-level view of what’s going on through the Etherscan block explorer.
INX Ltd. said it will launch its long-awaited landmark IPO as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.
Crypto exchange INX has told the SEC its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.