Diginex has announced the launch of its EQUOS cryptocurrency exchange platform. The company is now planning a listing on the Nasdaq via a reverse merger.
According to a press release, the exchange EQUOS Initially offers spot trading for cryptocurrency and subsequently plans to offer perpetual swaps, futures, options and other derivatives.
It will also provide interoperability with Diginex’s OTC trading desk, Diginex Access, and with its custody solution Digivault.
Diginex now plans to conduct a reverse merge with 8i Enterprises Acquisition Corp, a Singaporean acquisition company listed on the Nasdaq, to make its newly launched crypto-exchange public.
This is an important time for us to launch EQUOS.io ahead of our transaction with 8i Enterprises Acquisition Corp. We are proud to offer EQUOS.io, an exchange of virtual currencies and digital assets that challenges everything we have seen since the start of the growth of this industry. Our industry analysis has enabled us to understand the sticking points of institutions to trade digital assets and to address many of them with new and improved portfolio management solutions ”said Richard Byworth, CEO of Diginex .
Reverse fusion is in the pipes since summer 2019 but has been delayed by the covid-19 pandemic. She is expected to value the company at $ 276 million.
Our listing on Nasdaq is further proof of our commitment to compliance, regulation and transparency, all of which are fundamental principles of Diginex and are reflected in products such as EQUOS.io, ”added Byworth.