INX will be listed on TSX Venture Exchange in Q2 2021 of the year – Bits Media

Inx cryptocurrency exchange plans to attract $19.6 Milln through the listing on the Canadian Stock Exchange TSX Venture Exchange (TSXV).

Inx said, that the company plans to attract $19.6 Milln through the listing on the Canadian Stock Exchange TSXV. According to representatives of the exchange, This will increase the level confidence in the site, and public reporting and transparency, required for listing on TSVX, They will help attract “strategic partners from the Fortune list 500 and institutional investors ".

According to the US Securities and Exchange Commission (SEC) application, In the framework of Listing Inx will offer 20 Million shares at a price 1.25 Canadian dollar. The borrowed money will go to research, Development, sales, Marketing, General expenses, as well as mergers and acquisitions. Inx will be included in TSXV in the II quarter 2021 of the year.

Recall, what in 2019 in the year INX submitted to the SEC preliminary avenue of emissions 130 Milln INX tokens based on Ethereum. Incomain owners of Inx tokens are entitled to 40% pure cash flow of the company from operating activities, But not as shareholders. In October 2020 year the exchange has been selling tokens.