Fun

INX Limited Announces Effectiveness of Security Token IPO

News Feed - 2020-08-23 09:08:45

INX Limited Announces Effectiveness of Security Token IPO


23rd August, 2020, NEW YORK, United States– INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million INX Security Tokens (the “INX Tokens” or “Tokens”).


INX has set the Offering price at $0.90 per Tokenwith a minimum investment of $1,000. It is anticipated that the offering will begin on August 25, 2020at 10am Eastern Daylight Timeat https://token.inx.co/.


INX intends to use a portion of the net proceeds raised from the sale of INX Tokens in the Offering for the continued development and operation of INX Trading Solutions, a regulated solution for the trading of blockchain assets, including cryptocurrencies, security tokens, and their derivatives, and for the establishment of a cash reserve fund.


A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (SEC) on August 20th, 2020. Copies of the registration statement can be accessed by visiting the SEC website at this pageor this page. The offering is being made only by means of a prospectus. A final prospectus describing the terms of the offering has been filed with the SEC and forms a part of the effective registration statement.


Copies of the final prospectus relating to the Offering may be obtained for free by visiting EDGAR on the Securities and Exchange Commission’s website at www.sec.gov ( click here). Alternatively, copies of the final prospectus may be obtained for free by sending an email to INX at investors@inx.co .


About INX Limited


INX Limited, a Gibraltar-based private company formed in 2017, is developing INX Trading Solutions, a single entry-point for our customers for the trading of cryptocurrencies, security tokens, and their derivatives.


Media Contact Details


Contact Name: Alona Stein (For INX)


Contact Email: alona@reblonde.com


This press release is not a prospectus and does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer or solicitation of sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933. No securities regulatory authority has either approved or disapproved of the contents of this press release.


INX Limited isthe source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Learn how to reach our audience here.Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS AttackNEWS | 3 hours agoRe-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M BitcoinNEWS | 7 hours agoTags in this storyBitcoin, Cryptocurrency, INX, INX Limited, INX Token, ipo, SEC, security token


Image Credits: Shutterstock, Pixabay, Wiki CommonsUse Bitcoin and Bitcoin Cash to play online casino games here.

News Feed

Helen Partz10 hours agoGrayscale files for new Ether futures ETF — OfficialGrayscale Advisors is in the process of becoming registered as a commodity pool operator with the U.S. CFTC for Grayscale’s new Ether futures
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst Says
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst SaysThe US manufacturing activity has plunged to a record low, indicating that the country has entered
MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG
MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG press release PRESS RELEASE.MetaGods, the world’s first play-to-earn 8-bit action role-playing game bu
‘No Plan to Issue CBDC’ — Bank of Japan Governor
"No Plan to Issue CBDC" — Bank of Japan Governor Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currenc
Telegram Responds to SEC: Gram Tokens Are Not Securities
Telegram is pushing back against the U.S. Securities and Exchange Commission (SEC). The messaging platform filed a response to the securities regulator Wednesday, writing that the S
JPMorgan reports holding shares of several spot Bitcoin ETFs
Turner Wright2 hours agoJPMorgan reports holding shares of several spot Bitcoin ETFsThe largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of
Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’
Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say "There Are Many Legitimate Reasons to Seek Financial Anonymity" The U.S. government banning the ethereum
Solana (SOL) Retests Crucial Support Level – Is A 50% Price Drop On The Horizon?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
CFTC Chair Says Ether Futures ‘Likely’ in 2020
Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert believes the crypto world will see ethereum futures contracts sometime in 2020. Speaking at Georgetown University
Dogecoin Hits A ‘Blood In The Streets’ Moment: Buy Or Sell Now?
Este artículo también está disponible en español. Dogecoin (DOGE) has again found itself in the crosshairs of market watchers, with a “blood in the streets” moment em
Bitcoin gains $1.2K in 1 hour as BTC price rebounds on Ether ETF launch
William Suberg8 hours agoBitcoin gains $1.2K in 1 hour as BTC price rebounds on Ether ETF launchBitcoin and Ether volatility continue as crypto traders react positively to Ether ETF trading volumes.6146 Total views9 Tota