Home Cryptocurrency Diginex Prepared For Its Upcoming NASDAQ Listing

Diginex Prepared For Its Upcoming NASDAQ Listing

  • Diginex is right on track for it’s upcoming Nasdaq Stock Exchange listing in September.
  • Diginex in July 2019 announced its intention to go public in collaboration with 8i Enterprises Acquisition Corp and get listed on the Nasdaq.
  • The deal with its reverse merger has finally received the listing approval from the US Securities And Commission Exchange after being delayed since June.

Hong Kong-based blockchain and fintech company, Diginex is right on track for it’s upcoming Nasdaq Stock Exchange listing in September. Diginex in July 2019 announced its intention to go public in collaboration with 8i Enterprises Acquisition Corp and get listed on the Nasdaq. 8i Enterprises is an investment holding firm for special purposes. The total value of the deal was estimated to be $276 million and was aimed at fostering broader market visibility. Diginex was established in 2018 by Miles Pehlham. The crypto firm provides a variety of software tools for corporate blockchain. It also offers financial and tech advisory services. 

The US SEC Finally Approves Effective Listing Date

The deal with its reverse merger has finally received the listing approval from the US Securities And Commission Exchange after being delayed since June. The CEO of Diginex, Richard Byworth has announced that on the coming 15th of September, the shareholders will vote on the same. Byworth further explained being listed on a major US stock market can enhance the growth of the company.

In an interview, he said that considering the tone of the US and its stock markets, it is imminent that we will see more of this industry. He further added that this is a very significant step because it will increase the level of trust and credibility.

Diginex Launches Its Digital Assets Exchange, Equos

The listing has been delayed since March due to the worldwide coronavirus crisis. The listing would unlock a new achievement in the US stock markets where many private startups compete from different parts of the world and are insufficiently regulated.

Furthermore, Diginex has announced the launch of its brand new digital asset exchange, Equos. With its deal with the merger acquisition company successful, Equos will be poised to become the first digital asset exchange listed in the United States. The exchange will facilitate cryptocurrency spot trading initially. They have intentions of launching the perpetual swaps, futures, options, and derivative products soon. 

The CEO has said that this is a pivotal moment for Diginex to launch the exchange ahead of their deal with 8i Enterprises Acquisition Corp. Diginex’s planned listing on Nasdaq is their testament of compliance, regulation, and transparency.

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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