2 years ago
Aurox, a cryptocurrency trading terminal that places orders and matches them crossed aggregate exchanges, intends to spell nationalist aboriginal this year, according to the platform’s CEO, Giorgi Khazaradze.
The circumstantial way to a listing is inactive being worked out, Khazaradze told CoinDesk, but the steadfast is considering a bid of options, including a SPAC (special intent acquisition company) oregon reverse merger with an already-public company, helium said.
While different crypto firms – led by Coinbase and including Bakkt and others – took to the nationalist markets successful 2021, a non-exchange going nationalist is inactive uncommon successful the satellite of integer assets (save for a bumper harvest of bitcoin mining firms).
Founded successful 2017, the Aurox trading terminal was launched successful September 2020, and has gathered immoderate 60,000 users to date, each done connected an wholly self-funded basis, eschewing VC involvement, Khazaradze added. Neither has the level completed immoderate pre-sales of the Aurox token (URUS), launched successful February 2021.
“One of the issues is that since we self-funded everything, we’re competing against companies that are raising $20 cardinal astatine the driblet of a hat,” said Khazaradze. “But we don’t privation to spell that route.”
Khazaradze said advisers to the steadfast person suggested a NASDAQ listing and determination are a mates of options erstwhile it comes to pursuing that.
“We’re hoping to beryllium nationalist by 2022. We’ve already gone done aggregate steps with our attorneys,” helium said.
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Ian Allison is simply a elder newsman astatine CoinDesk.
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