Hong Kong Crypto Exchange to Start Trading on Nasdaq

Hong Kong Crypto Exchange to Start Trading on Nasdaq

by October 5, 2020
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Diginex, a Hong Kong-based digital assets financial services company, announced that it has started listing and trading on Nasdaq.

The cryptocurrency exchange operator said that it had completed its business combination transaction with 8i Enterprises Acquisition Corp., a special purpose acquisition company (SPAC). The transaction is said to be the first listed company on Nasdaq with a cryptocurrency exchange.

Diginex will trade on Nasdaq under the ticker symbol “EQOS” where it will offer investors the opportunity to participate in the growth of digital assets. Its warrants will trade under the ticker “EQOSW”.

Approximately US$50 million was raised, comprising both Diginex’s private raise completed in advance of the listing and the cash remaining in the SPAC.

This will strengthen the company’s balance sheet and will enable it to realise its vision to build a digital assets ecosystem that offers innovative product and services that are compliant, fair and trusted.

Richard Byworth, CEO of Diginex, commented,

Richard Byworth

Richard Byworth

“This is a watershed moment for both Diginex and the cryptocurrency industry with the listing of the first-ever company with a crypto exchange on Nasdaq. This also presents the first opportunity for anyone trading in the US capital markets to buy directly into the equity of a digital asset ecosystem and opens the door for financial institutions to participate in the enormous opportunity that digital assets present.”

 



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