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EQONEX Limited (Nasdaq: EQOS) has strengthened its marketing team by hiring five senior executives to enhance its business in target markets. The new members include Adam Dance as Head of Strategy and Product Marketing, Kristen Kaus as Communications Director, Jan Van Decraen as Head of Marketing Operations, Robert Watkins as Head of Customer Growth Marketing, and Gillian De Brondeau as Head of Marketing Platforms. These appointments aim to bolster EQONEX's brand and customer acquisition strategies, leveraging their extensive experience in financial and investment products.
Diginex Limited (Nasdaq: EQOS) announced its participation in the virtual LD Micro Main Event XIV scheduled for October 12, 2021, at 9:00 AM ET. CEO Richard Byworth will present during the event, which runs from October 12-14, 2021, featuring approximately 150 companies presenting for 25 minutes each. Interested parties can register for the event via this link. EQONEX offers a range of digital asset services, including a cryptocurrency exchange and integrated trading platforms.
Diginex Limited (Nasdaq: EQOS) shareholders approved a corporate name change to EQONEX Limited during the annual general meeting held on September 30, 2021. This name change completes the rebranding process initiated in June 2021, aligning all businesses under the EQONEX brand, which focuses on a comprehensive crypto ecosystem. The AGM also adopted various resolutions, including the reappointment of statutory auditors and authority for the board to issue ordinary shares.
CEO Richard Byworth expressed optimism about becoming a leader in digital asset financial services.
On Sept. 28, 2021, Digivault, a digital asset custody business of EQONEX Group (Nasdaq: EQOS), announced it is the first custodian registered by the UK Financial Conduct Authority to hold Polkadot (DOT) crypto assets. Polkadot aims to unify various blockchains, enhancing scalability and governance. Digivault meets the highest security standards with certifications like ISO27001 and Cyber Essentials Plus. This development corresponds with increasing demand for regulated crypto custody services, reflecting a growing interest among institutional investors in digital assets.
EQONEX Group (Nasdaq:EQOS) has announced its participation in several virtual financial conferences throughout September 2021. Key events include the 10th Annual Gateway Investor Conference on September 8, Needham Crypto Conference on September 9, H.C. Wainwright 23rd Annual Global Investment Conference on September 13, and BTIG Future of Digital Assets Conference on September 22. The Company offers a range of digital asset financial services through its integrated trading platform and custodial services. For more details, visit EQONEX's website.
EQONEX Group (formerly Diginex Limited, Nasdaq: EQOS) launched its institutional crypto lending platform, EQONEX Lending, following a licensing agreement with Lendingblock. The platform aims to enhance transparency in crypto lending by providing an open order book, allowing institutional participants to view market rates. EQONEX Lending has completed its first transaction, a Bitcoin loan backed by USDC. The crypto lending market has surged from $1 billion in 2019 to over $10 billion in 2020, spurred by increased institutional activity.
EQONEX Group, formerly Diginex Limited (Nasdaq: EQOS), is set to present at the 41st Annual Growth Conference from August 10-12, 2021. CEO Richard Byworth will participate in a fireside chat on August 12 at 9:30 a.m. ET. EQONEX is a digital assets financial services company focused on governance and innovation, offering services such as a cryptocurrency exchange, over-the-counter trading, and asset management. For more details, visit group.eqonex.com.
Diginex Limited, now known as EQONEX Group (Nasdaq: EQOS), has achieved the ISO/IEC 27001:2013 information security certification, becoming the first US-listed crypto company to do so. This certification confirms EQONEX's commitment to strict information security standards following a rigorous audit of its systems and processes. The certification encompasses the EQONEX cryptocurrency exchange, Digivault digital asset custodian, and Bletchley Park asset manager. Executives emphasize the importance of client data safety in their operations.
EQONEX Group (Nasdaq: EQOS) reported strong growth for the first quarter of fiscal year 2022, with revenue of US$2.5 million, significantly up from US$0.3 million year-over-year. Exchange revenue surged to US$2.4 million compared to just US$0.2 million for the entire previous fiscal year. Average daily trading volumes on the EQONEX Exchange rose to US$176.9 million in June 2021, up from US$15.9 million in March 2021. Cash and cash equivalents amounted to US$42.1 million, indicating solid liquidity. CEO Richard Byworth highlighted the potential for sustainable revenue growth driven by an increasing client base.
On July 8, 2021, EQONEX Group partnered with Intelligence Squared to launch a debate series titled "Intelligence Squared Crypto: Debates Within Cryptocurrency." The initiative aims to address critical issues in the crypto market, featuring notable speakers such as Anthony Scaramucci and Peter Schiff. Topics include Bitcoin's role as a store of value and environmental concerns. The series is funded by EQONEX through bitcoin held on its balance sheet, promoting fair and transparent markets. Events are free and will be available as podcast episodes.
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