Diginex Is the First Crypto Exchange to Go Public on Nasdaq
Crypto Guide
Live News

Diginex Is the First Crypto Exchange to Go Public on Nasdaq

October 9, 2020      Jafrin Ahmed

Diginex (EQOS) is the first cryptocurrency exchange to launch publicly in the U.S. The Singapore-based digital asset exchange marked a historic event with its Nasdaq listing amid uncertainties between digital assets, virtual currencies, and policymakers.

Partnering With Industry Leaders

Richard Byworth, CEO of Diginex, said “When we started building Diginex, we felt strongly that we needed to help raise standards and the transparency of the industry in order to help it grow. Nasdaq was the ultimate destination as a technology company and now investors will be able to participate in the ‘picks and shovels’ of this burgeoning new asset class via the rich ecosystem built across the Diginex group.”

READ  North Korea Hackers Breached DragonEx Cryptocurrency Exchange

Byworth has written a playbook that seeks to serve as the ideal masterclass for smart capital to develop the future of the digital assets market. The playbook covers everything from traditional payments, equity, and debt assets to currencies and derivatives.

A key focus of Diginex has always been on partnering with the biggest industry leaders. Diginex’s multi-venue trading platform, Access plugs into the portfolio management systems of FIS FIS +1.4% and ITIVITI, two of the world’s largest trading technology providers.

Both the traditional financial tech firms can now access the digital asset market on the Access suite of algos and spread trading functionality. Also, ensuring the best of experience across a globally fragmented liquidity pool.

Nasdaq Listing of Diginex Opening Business for Serious Professionals

Diginex entered the market through the popular Special Purpose Acquisition Company (SPAC) route. It initially got listed on October 1, 2020, followed by two rounds of SEC approvals and a COVID-19 induced delay.

READ  U.S. FDIC Seeks Public Feedback on Banks Crypto-Related Activities

A requirement of Nasdaq listing includes that had the digital asset company remained private, it would not have had to address. For example, having a minimum of a four non-executive directors team with quality members itself had made the company quite noteworthy.

Diginex, no doubt is the first digital asset to achieve a Nasdaq listing. The move opens the market for serious professionals who are looking to follow their path.

#Diginex #Digital Asset #EQOS #Nadaq #Public listing #Singapore
Jafrin Ahmed
Jafrin Ahmed

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.