Diginex was the first cryptoexchange to be listed on the Nasdaq Stock Exchange. Its shares were launched for trading under the ticker "EQOS" this morning.
To enter the stock market, Diginex has made a merger with a specialized company for targeted mergers and acquisitions (SPAC) 8i. As a result of raising capital from private investors and selling SPAC shares, the company has $50 million at its disposal, which will be used to strengthen its balance sheet assets and invest in its own business.
Diginex CEO Richard Bayworth expects that both retail and institutional investors will show interest in the company's shares. He also expects that over time, most of EQOS shares will be concentrated in American hands, as they are traded on the Nasdaq exchange.
"I think this is a very important event for the industry. Previously, the ways to get direct access to crypto assets were mainly ETF-like structures," he said.
Earlier, Bayworth suggested that more and more crypto-currency companies would enter the stock markets. According to him, this will increase confidence in the industry.