Please note, the below is a summary based off the article originally published in Forbes.
- Diginex (EQOS), the Singapore-based digital assets group, went public with a Nasdaq listing last week. It is the first digital assets group with a crypto exchange to publicly launch in the U.S., selecting Nasdaq as its listing launch. With the uncertain relationship that digital currencies and digital assets have with policy makers and regulators around the world, this marks an historic event and significant milestone for the digital assets sector.
- “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,” says Richard Byworth, CEO of Diginex, and EQUOS, the group’s digital asset exchange.
- Launched in July, EQUOS is built using an advanced architecture designed to bring trust, transparency, and innovation to investors in the world of digital assets. The EQUOS roadmap delivers the infrastructure for managing derivatives and capital efficiency that is common in traditional markets but as yet unseen in the digital asset sector.
- Diginex came to market via the increasingly popular Special Purpose Acquisition Company (SPAC) route. After two rounds of SEC approvals and a COVID-19 impacted delay, the company listed on October 1, 2020, paving the way for other crypto and digital asset groups in the space.