The crypto industry records another major acquisition in 2020.
According to an official announcement, INX has signed a term sheet for the acquisition of OpenFinance, which operates as a registered broker-dealer in compliance with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.
With the new deal, INX is set to acquire OpenFinance’s broker-dealer and alternative trading system business including its systems, digital asset listings, client base and licenses.
OpenFinance’s listings include firms like major industry venture capital firm Blockchain Capital, Spice VC and Lottery.com.