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EQONEX Group (Nasdaq: EQOS) reported fiscal year 2021 results on June 30, 2021. The company generated revenue of US$0.3 million, down from US$0.5 million the previous year. The net loss was US$125.9 million, compared to US$58.1 million, largely due to non-cash expenses from a business combination. Average daily trading volumes surged to over US$180 million in June 2021. The upcoming conference call on July 14, 2021 will discuss these results and future outlook.
EQONEX Group (Nasdaq: EQOS) announced the filing of its annual report on Form 20-F for the fiscal year ending March 31, 2021, with the SEC on June 30, 2021. The report includes audited consolidated financial statements and is accessible on the company's investor relations website. EQONEX operates as a digital assets financial services company, providing a cryptocurrency exchange, over-the-counter trading, and integrated trading platforms. Shareholders can request a hard copy of the annual report free of charge.
Diginex Limited, now EQONEX Group (Nasdaq: EQOS), has appointed Chris Ashe as the new Group Chief Technology Officer (CTO). Ashe, who has over 20 years of experience in technology, previously served as CTO at Mox, a leading digital bank in Hong Kong. He will oversee EQONEX's technology strategy and product roadmap as the company aims to enhance its digital asset services. This leadership change is positioned as critical for achieving growth and developing innovative solutions in the digital asset space.
On June 24, 2021, EQONEX Group (Nasdaq: EQOS) announced that its cryptocurrency exchange surpassed US$5 billion in total spot and derivative trading volumes over the past 30 days. This reflects a significant increase, with June's average daily volumes reaching US$190 million, marking a 206% rise from April. The growth follows the successful launch of the EQO exchange token on April 8, 2021. CEO Richard Byworth emphasized the swift transition to revenue generation after the exchange's public launch, underscoring the company's commitment to fair markets and effective custody solutions.
Diginex Limited (Nasdaq: EQOS) has announced its rebranding to EQONEX, unifying its various digital asset services under one brand. This includes the cryptocurrency exchange, custody platform, and asset management solutions. The EQONEX brand reflects the company's focus on digital assets while maintaining a commitment to fairness and governance. The exchange has seen substantial growth, with a 50-fold increase in trading volume since going public in October 2020, achieving over $260 million in daily volume. The rebranding aligns with the company’s goal to bridge traditional finance and cryptocurrency.
Diginex Limited (Nasdaq: EQOS), a leading digital assets financial services company, will present at the LD Micro Invitational XI on June 10, 2021, at 10:00 AM US ET. Richard Byworth, CEO of Diginex, will lead the virtual presentation. Interested individuals can register for the event here. Diginex focuses on providing a robust ecosystem for cryptocurrency and digital assets, including a trading platform, securitisation advisory, and custodial services. For more information, visit Diginex's website.
Diginex Limited (Nasdaq: EQOS) announced that its cryptocurrency exchange, EQUOS, received an "A+" ranking from Nomics, marking it among the Top 20 global exchanges and Top 5 in Asia for transparency and volume. Since its public launch in July 2020, EQUOS achieved record daily trading volumes, surpassing US$3 billion in May 2021, a 70% increase from April. The "A+" ranking reflects EQUOS' commitment to reliability, with Nomics vouching for its data integrity. CEO Richard Byworth emphasized the exchange's focus on compliance and trust as vital for broader cryptocurrency adoption.
Diginex Limited (Nasdaq: EQOS) announced a record-high trading volume of over US$200 million on its EQUOS cryptocurrency exchange on May 20, 2021. This marks a more than 40% increase in 30-day volume, totaling US$2.9 billion. Institutional-grade transparency practices set EQUOS apart from competitors. CEO Richard Byworth highlighted the resilience of the EQO token, which rose 50% to approximately US$0.75. The leadership team comprises seasoned professionals from major financial institutions, ensuring strong oversight.
Digivault, a subsidiary of Diginex Limited (Nasdaq: EQOS), has achieved a significant milestone by becoming the first stand-alone digital asset custodian authorized by the UK Financial Conduct Authority (FCA) to act as a custodian wallet provider under the Money Laundering Regulations. This approval allows Digivault to offer secure custody services to corporate and institutional investors, leveraging a robust cold and warm custody solution that ensures asset protection. The registration aligns with growing demand for trustworthy crypto asset management and follows a partnership with Torstone Technology to enhance digital asset services.
Diginex Limited (Nasdaq: EQOS) announced its participation in several virtual investor conferences in May 2021. Key events include the Diamond Equity Research Emerging Growth Invitational on May 11 at 9:40 a.m. ET, the Benzinga Global Small Cap Conference on May 14 at 1:15 p.m. ET, where CEO Richard Byworth will partake in a panel discussion titled How Digital Currency is Disrupting Finance, and the 16th Annual Needham Virtual Technology & Media Conference on May 20 at 11:00 a.m. ET. For more details, contact Diginex's investor relations.
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