Publicly Traded INX Crypto Exchange to Acquire Broker-Dealer Openfinance

INX Limited, a cryptocurrency exchange that went public on Ethereum last month, has agreed to buy U.S. broker-dealer Openfinance Securities, the company announced in a press release Tuesday.

  • INX will also acquire Chicago-based Openfinance’s alternative trading system, digital asset listings, client base and licenses.
  • INX aims to bolster its status as a provider of novel trading and capital-raising instruments through the acquisition. 
  • The terms of the deal were not disclosed.

Read more: INX Crypto Exchange Has Started Distributing Tokens From Its Blockchain-Based IPO

Related Stories

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Cryptocurrencies Videos


    CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space. Founded in May 2013, CoinDesk reaches millions interested in blockchain technology thru its website, social media, newsletters, podcasts and video. CoinDesk created the original reference rate known as the Bitcoin Price Index which is widely sourced in the media including The Wall Street Journal, Financial Times, CNBC and many others on a daily basis.

    Learn More