- XBTO, a digital asset platform, has acquired Stablehouse, a digital asset
#trading company.
- The acquisition amount has not been revealed.
- This acquisition allows
#XBTO to broaden its digital asset financial services for non-US
#investors and institutions.
- INX Digital Company, a
#cryptocurrency exchange operator, provides updates on its Normal Course Issuer Bid (NCIB) program for repurchasing common shares.
- INX Limited, its subsidiary, plans to renew the previously disclosed INX token buyback program.
- The NCIB program allows repurchase of up to 12,713,823 common shares (around 10% of publicly held shares), with a combined spending limit of $5 million for common shares and INX
#tokens during the NCIB term.
- Purchases under NCIB can be made at market prices via the NEO Exchange or Canadian trading systems, not exceeding 25% of NEO Exchange's average daily trading volume.
- Common shares acquired through NCIB will be canceled.
- The INX token buyback program offers flexibility in repurchasing methods, with no specific token purchase requirement, and can be suspended or terminated at INX Limited's discretion.
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