Gibraltar-based crypto exchange INX will launch its long-awaited initial public offering (IPO) on Aug 24, 2020, after a two year journey. The exchange aims to sell 130 million tokens at $0.90 netting up to $111 million after expenses according to its latest filing with the SEC.
This will be the first security token offering (STO) that is registered with the SEC, allowing everyday investors to legally participate in it.
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