IronX Exchange Raises $26M USD Via Its Token Sale

FinTech, Innovation, Investing, News, Regulation | January 17, 2019 By:
The IronX Exchange has completed its token sale, raising a claimed $26.319 million USD from crypto investors. The platform is a joint venture between IronFX and EmurgoHK, the Cardano (ADA coin) creator.
The cryptocurrency exchange platform allows a variety of funding options together with direct access to trade forex, commodities, equities, and other tradable assets. It has also recently launched a beta version available at IronX.com, which is open for registration. Anyone who registers and receives KYC approval will automatically earn 10 IRX coins.
 
“The IronX token sale indicates a strong public interest, and we are extremely excited that it has received attention from all over the world,” said IronX CEO Dimitris Hatzis. “Given the conditions of the ICO market, we couldn’t be happier about the public response to the IRX token. As impressive as has the sale has been, we still have much work ahead, and look forward to working with new contributors.”
 
IRX is an ERC-20 utility token backing the use of the exchange. The fees paid with IRX lead to additional discounts on the exchange. Significant contributors will also have voting rights with regards to any new coin listings on the exchange. 
 
IronX has obtained a full regulatory licence from the Estonian Financial Intelligence Unit (FIU).