In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia.
UK Minister Reaps Windfall
After Ironx Resignation
Stephen Hammond, a former vice chairman of the U.K. Conservative Party and current member of the U.K. Treasury Committee, recently resigned from Ironx after working for the company for just four days. Based on the pricing for the planned exchange’s private sale, the 50,000 IRX tokens that Hammond received as remuneration would be valued at approximately $16,500.
Ironfx will open the Ironx exchange in partnership with Emurgohk Group, the Hong Kong-based company behind Cardano. ADA will be the base currency on Ironx.
IDCM Reveals Plan to Become
‘Cryptocurrency Investment Bank’
“Part of that process would be to provide a solution for a security token offering, where a pool of investors is screened and cleared to invest,” Wong said.
Estonian Licenses Attract Exchanges
Do you think more and more exchanges will use cryptocurrencies other than BTC as a base currency? Share your thoughts in the comments section below!
Images courtesy of Shutterstock, stephenhammond.net
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The post Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs appeared first on Bitcoin News.