SINGAPORE, April 19, 2021 / PRNewswire / – Diginex Limited (Nasdaq: EQOS), a digital asset financial services company, today announced a record total more volumes US $ 1 billion in April of the month to date, the average daily volumes during the period increased more than three times compared to the average daily volumes of the previous month.
The increase in volume is driven by the launch of EQUOS ‘first native exchange token, EQUOS Origin (EQO) and a significant increase in participation from a number of large institutional clients. Following the launch of the token on April 8, EQUOS recorded daily volumes exceeding US $ 100 million.
Since its launch, EQUOS has evolved from a cash-only exchange, launching Bitcoin Perpetuals in January 2021, followed by ETH Perpetuals and additional coins last month, before launching EQO in April.
Richard Byworth, CEO of Diginex, said, “The explosive growth of the stock market validates the roadmap we have developed over the past two years. We are building a long-term business that focuses on providing a viable solution to accessing institutions. this new booming asset class. This is just the beginning. “
Jakob Palmstierna, Partner at GSR, a strategic investor and a leading market maker on EQUOS, said that “volume growth on EQUOS has been rapid relative to business activity in the wider market”. GSR is integrated on over 60 cryptocurrency exchanges.
Diginex is a digital asset financial services company focused on delivering a cryptocurrency and digital asset ecosystem offering innovative products and services that are compliant, fair and reliable. The group includes cryptocurrency exchange EQUOS.io as well as an over-the-counter trading platform. It also offers an integrated front-to-back trading platform, Diginex Access, a securitization advisory service, Diginex Capital, the market’s leading custodian, Digivault, and the Bletchley Park fund business.
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This press release is provided by Diginex Limited (“Diginex”) for informational purposes only, is a summary of certain key Diginex facts and plans, and includes forward-looking statements that involve risks and uncertainties. Without limitation, the press release does not constitute an offer or solicitation in connection with any securities or other regulated products or services or to use the services provided by Diginex, and neither this press release nor anything whatsoever. it does not constitute the basis of any contract or commitment whatsoever. The contents of this press release have not been reviewed by any regulatory authority in any jurisdiction. Forward-looking statements are statements that are not historical facts and are subject to risks and uncertainties, which could cause actual results or results to differ materially from forward-looking statements. Most of these factors are beyond Diginex’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the ability to recognize the expected benefits of the business combination; the ability of Diginex to develop and manage its growth profitably; Diginex’s limited operating history and history of net losses; Diginex’s ability to execute its business plan; the inability to maintain the listing of Diginex shares on the Nasdaq; Diginex’s estimates of the size of markets for its products; the rate and degree of market acceptance of Diginex products; Diginex’s ability to identify and integrate acquisitions; potential litigation involving Diginex or the validity or enforceability of Diginex’s intellectual property; general economic and market conditions impacting demand for Diginex products and services; and other risks and uncertainties set out in the Shell Company Report of Diginex on Form 20-F, including those under “Risk Factors”, and in other documents filed by Diginex with the SEC, which are available at the SEC website at www.sec.gov.
In addition, all forward-looking statements contained in this press release are based on what Diginex believes are reasonable as of this date. Diginex assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unforeseen events, except as required by law.
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SOURCE Diginex Limited