23rd August, 2020, NEW YORK, United States – INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million INX Security Tokens (the “INX Tokens” or “Tokens”).
INX has set the Offering price at $0.90 per Token with a minimum investment of $1,000. It is anticipated that the offering will begin on August 25, 2020 at 10am Eastern Daylight Time at https://token.inx.co/.
INX intends to use a portion of the net proceeds raised from the sale of INX Tokens in the Offering for the continued development and operation of INX Trading Solutions, a regulated solution for the trading of blockchain assets, including cryptocurrencies, security tokens, and their derivatives, and for the establishment of a cash reserve fund.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (SEC) on August 20th, 2020. Copies of the…