Crypto Exchange INX plans $ 117 million IPO with Israeli institutions

Gibraltar-based security and crypto token exchange INX announced this week in an update with the US Securities and Exchange Commission (SEC) that it had selected Israeli agency A-Labs Finance and Advisors for 117 millions of dollars. First public offering (IPO). A-Labs has received a tuition fee of $ 500,000 and will receive an additional $ 500,000 in registration fees if its IPO capital exceeds $ 10 million. When sales reach $ 117 million, A-Labs expects to generate a total of $ 8 million. A-Labs, on the other hand, only promotes sales to non-US retailers.