Diginex

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Diginex Ltd.
Diginex.jpg
Founded 2018
Headquarters 35/F Two International Finance Centr, 8 Finance Street, 35/F Central Hong Kong (SAR)
Key People Miles Pelham, Founder; Richard Byworth, CEO; Chi-Won Yoon, Chairman
Employees 50-200
Products Blockchain technology, financial services
Twitter @DiginexGlobal
LinkedIn Profile
Website Diginex Homepage
Blog EQUOS Global Blog

Diginex is a Hong Kong-based comapny that offers digital asset trading and custody, as well as blockchain and fintech development services.[1]

Overview

Diginex was founded in 2018 by Miles Pelham. The company's business consists of several arms, including its OTC digital asset trading desk EQUOS, Diginex Access - a digital asset trading platform built for institutional traders, the digital asset custodial tech firm Digivault, and Bletchley Park Asset Management (BPAM), a digital asset hedge fund acquired by Diginex in 2018.[2][3][4][5]

In February 2019, the company hired Will McDonough, a former Goldman Sachs vice president who started a brand management company representing NFL quarterback Tom Brady.[6]

In July 2019, Diginex announced that it was going public through a reverse merger with 8i Enterprises Acquisition Corp, and would be listed on Nasdaq. The deal was valued at $276 million, including debt, according to a press release. The company's CEO Richard Byworth said Diginex hoped the deal would give the company "broader market visibility."[7]

In May 2020, Diginex announced the divestment of Diginex Solutions, which uses blockchain technology to tracking ESG index data, in May 2020.[8][9]

On July 30, 2020 the company said that the U.S. Securities and Exchange Commission had approved the upcoming exchange listing which was forecast to occur in late September.[10] On September 15, 2020, the shareholders of 8i approved the merger with 81 percent in favor, making the merger official.[11]

Products and services

Diginex offered financial and tech advisory services, as well as developing software tools for corporate blockchains.[12] It spun off its blockchain enabled "Solutions" business, according to a May 30, 2020 announcement, in order to focus better on its digital assets business.[13]

The company said it launched EQUOS.io on July 30, 2020. EQUOS.io is a Singapore-based crptocurrency trading platform.[14] Diginex also developed Diginex Access, which is a digital asset trading platform whose user interface was developed to be familiar to users familiar with institutional trading platforms.[15]

Earlier in July, Diginex announced that it had licensed Tbricks from the financial services technology provider Itiviti for use by the company's institutional clients. Tbricks is a risk management engine used in conjunction with trading and portfolio management.[16]

Key People

  • Miles Pelham - Founder
  • Richard Byworth - CEO
  • Chi-Won Yoon - Chairman
  • Paul Ewing - Chief Financial Officer
  • Jim Pollock - Chief Operating Officer
  • Stelios Moussis - Chief Legal Officer
  • Ray Hennessey - Chief Technology Officer

References