Just last week, the popular cryptocurrency exchange, Diginex, was listed on the NASDAQ. Yes, the NASDAQ that we all know on the US stock exchange! This makes Diginex the very first crypto exchange to be listed on the American stock exchange. Starting on the morning of Thursday, October 1st, traders can now purchase stock for Diginex under the ticker symbol “EQOS”. Diginex warrants will trade under the “EQOSW” ticker symbol.
How did Diginex get on the NASDAQ?
According to their statement, the listing was successful due their partnership with 8i Enterprises Acquisition Corp. (JFK), a special purpose acquisition company or SPAC. Diginex also raised approximately $50 million through a private fundraiser to strengthen their financial standing.
CEO of Diginex, Richard Byworth, had this to say:
“This is a watershed moment for both Diginex and the cryptocurrency industry with the listing of the first-ever company with a crypto exchange on Nasdaq. This also presents the first opportunity for anyone trading in the US capital markets to buy directly into the equity of a digital asset ecosystem and opens the door for financial institutions to participate in the enormous opportunity that digital assets present.”
How does this benefit the crypto community?
There has always been a huge divide between the traditional and crypto communities. It is the goal of all of us in the crypto community to bring digital assets to the mainstream. Whether it be allowing for simple purchasing or even promoting that crypto can be used to pay for everyday things, any form of normalization is always a step in the right direction. Diginex being listed on the NASDAQ allows traditional investors to not only get their feet wet with digital currency, but it also allows other financial institutions to jump in with them. The team here at CoolWallet S would like to congratulate Diginex on this amazing achievement!