First ever Security Token Offering (STO) - cryptocurrency traded as a security - and will be supervised by the SEC

[WarChest]

Gibraltar blockchain company INX Limited, with offices also in Israel, will hold its long awaited flotation in the USA on Tuesday. If INX succeeds in raising the targeted $117 million, this will be the largest IPO to date for a blockchain and cryptocurrency industry company.

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Israeli co INX set for $117m security token IPO
This will be the first ever Security Token Offering (STO) - cryptocurrency traded as a security - and will be supervised by the SEC, the US Securities and Exchange Commission.

https://en.globes.co.il/en/article-israeli-co-inx-set-for-117m-security-token-ipo-1001340359

Edited August 29, 2020 by WarChest
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https://finance.yahoo.com/news/inx-limited-became-blockchains-first-171348798.html

Quote

"The INX Token is the only U.S. Registered Security that is now listed on the blockchain, and it can be traded 24/7 and 365 days a week [..] With no closing bell for digital securities, the INX token is the first of its kind [..] to pioneer an SEC clearance for the listing of their security token and the only company to obtain FINRA clearance for trading and clearing cryptocurrencies. These onlys and firsts have set up INX as the frontrunner in the digital-currency game."

Dawn of a New Age!