According to ChainCatcher, blockchain infrastructure company TenX Protocols has announced its upcoming listing on the TSX Venture Exchange (TSXV) under the stock symbol 'TNX'.
The company has raised over CAD 33,000,000 (approximately USD 24,000,000) this year, which includes CAD 29,900,000 from subscription receipt financing related to the listing and CAD 3,500,000 from a seed round. TenX plans to use these funds to purchase tokens from high-throughput blockchain networks such as Solana, Sui, and Sei, and to participate in staking. Additionally, the company intends to invest in its own infrastructure products and services. Part of the financing was conducted through digital assets, including SOL, SEI, and USDC, at a price of CAD 0.75 per subscription receipt.
