TenX Protocols will list on the TSX Startup Exchange, raising over CAD 33 million.
TL;DR
TenX Protocols will list on the TSX Venture Exchange on December 10th, raising over CAD 33 million to invest in blockchain networks like Solana and its own infrastructure.
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According to Foresight News , citing CoinDesk, blockchain infrastructure company TenX Protocols announced its listing on the TSX Venture Exchange (TSXV) on December 10th, with the ticker symbol "TNX". The company has completed over CAD 33 million (approximately USD 24 million) in funding this year, including a CAD 29.9 million subscription receipt financing related to the listing and a CAD 3.5 million seed round.
TenX stated that it will use these funds to purchase and stake tokens on high-throughput blockchain networks such as Solana, Sui, and Sei, while also investing 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.