8i Enterprises Acquisition Corp. (JFK) on announced the approval of proposed business combination transaction with Diginex Limited by its shareholders.

At a special meeting on September 15, 2020 held solely for the purpose, company’s shareholders voted in favor of the transaction. Approximately 81.27% of the company’s shareholders participated in the meeting as holders of 5,862,104 of company’s shares voted in the meeting. Also shareholders of 3,423,625 shares consented to trade in their share to close the proposed transaction, as announced the company.

The companies expecting concluding the transaction before end of this month. The transaction is subject to completion of customary regulatory requirements. After successful completion of the transaction, Diginex will commence trading on the NASDAQ under ticker symebol “EQOS”. Warrants issued by the company will be trading on the platform with ticker symbol “EQOSW”.

Diginex has complete range of ecosystem of financial services to manage digital assets. It recently launched EQUOS.io, a platform to trade cryptocurrency. It also operates a digital asset trading technology platform namely Diginex Access. Diginex Capital is company’s subsidiary firm for securitization advisory services. It have Bletchley Park Asset Management, an investment management business, and Digivault for providing custody services for digital asset. With closing of the transaction, JFK will an excess to Diginex’s broader ecosystem of financial services for digital assets. The company will also become first holding company of a cryptocurrency exchange that will be listed on the NASDAQ.

The Hong Kong-based Diginex recently raised $20 million through private placement of convertible notes. A group of private investors participated in the funding having family offices in Hong Kong and London and a hedge fund also among them.

The private fundraising came a week before the said business combination transaction. Approval by JFK’s shareholders clear the way for Diginex to continue its NASDAQ listing plan which was planned to be on September 23. It already get a go ahead by the U.S. Securities and Exchange Commission for the listing.