Hong Kong-based crypto firm Diginex Ltd will get listed on Nasdaq in September.

Hong Kong-based cryptocurrency and blockchain-services firm Diginex Ltd. is on track to go public in September on Nasdaq.

According to the Bloomberg report, Diginex Ltd. is on track to go public in September on Nasdaq after the Hong Kong-based cryptocurrency and blockchain-services firm first announced the move via a reverse merger more than a year ago. The deal with 8i Enterprises Acquisition Corp., a special purpose investment holding company, was delayed from June but has now secured listing approval from the US Securities and Exchange Commission (SEC) and will be voted on by shareholders Sept. 15, said Richard Byworth, Diginex’s CEO.

 

“The listing for 8i will become Diginex between Sept. 20-23.”

The Bloomberg report stated that going public on a major US market would be a coup for the crypto and blockchain firm in a field of almost entirely private start-ups competing with each other across the globe with scant regulation. The current listing for 8i will become Diginex between Sept. 20-23, and the ticker, JFK, will be subsequently changed, Byworth Diginex’s CEO said. “The tone for the US and those important stock markets means we’re going to start to see more and more of this industry come to market,” the CEO added. 

 

The original listing date was delayed because of the pandemic.

The CEO of the firm stated that the original listing date for Diginex was in March, which got delayed due to the market downturn from the pandemic. The firm hired former UBS Group AG executive Chi-Won Yoon as its chairman of Asia in April. The Hong Kong-based firm’s pending listing comes with the cryptocurrency industry on a bit of an upswing after Bitcoin topped $11,000 for the first time this year. The firm has also announced the public launch of its Equos.io exchange, initially offering crypto spot trading, and their first derivatives product will be launched in mid-August, the CEO revealed. 

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Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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