BankingFinTech

INX Limited: Buys Openfinance

  • INX Limited the global blockchain-based platform for trading digital assets announced it has signed a term-sheet for the acquisition of Openfinance Securities LLC
  • Subject to the execution of definitive agreements, regulatory approvals, and other closing conditions INX would acquire Openfinance’s broker-dealer
  • Openfinance is based in Chicago with offices in New York and Pennsylvania
  • INX aims to bolster its leadership position in the digital assets’ ecosystem with the acquisition of Openfinance
  • Openfinance listings include companies such as Blockchain Capital, Spice VC, and Lottery.com
  • INX intends to assure continuity of operations and also service to Openfinance’s customer base
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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