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INX Ltd, the blockchain-based global trading platform for digital securities and cryptocurrencies, said on Monday it expects to have raised $125 million in a security token and equity offering.

Proceeds from the first-ever initial public offering of security tokens amounted to $85 million, received from more than 7,200 institutional and retail investors, the company said. That adds to INX’s previously closed private token sale of $7.5 million and a pending equity offering in Canada that raised C$39.6 million (roughly US$32.2 million).