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

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum
Este artículo también está disponible en español. According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his techn
Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year, $398K by 2030
Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year, $398K by 2030A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and w
US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation
US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation The chairman of a newly formed digital assets committee, U.S. Congressman Fr
Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details
Este artículo también está disponible en español. Shortly aftersurging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no signif
Meta Launches Metaverse Digital Clothing Store
Meta Launches Metaverse Digital Clothing Store Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their
Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands
Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agen
Ukraine’s Tascombank Pilots Stellar-based E-hryvnia
Ukraine’s Tascombank Pilots Stellar-based E-hryvnia Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on
Amaka Nwaokocha12 hours agoShiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaignKusama responded to Coinbase CEO Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a
Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions
Bitcoin"s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm
Founder of Bitmain Rival Held by Police Over Possible IP Dispute
Zuoxing Yang, founder and CEO of Shenzhen-based bitcoin miner maker MicroBT, is being held by local police to assist an investigation, CoinDesk has learned. The investigation is lik
$200M lost to hacks in 2024, Shido token plummets 94%: Finance Redefined
Prashant Jha4 hours ago$200M lost to hacks in 2024, Shido token plummets 94%: Finance RedefinedOver $200 million worth of cryptocurrency has been lost to hacks and rug pulls in 32 individual incidents so far this year.11