Eqonex to streamline operations to focus on asset management and custody businesses

Eqonex will streamline to focus on asset management and custody eqonex to proactively exit the crowded crypto exchange space, closing its crypto exchange on august 22, 2022 exchange clients will have sufficient time to manage and close their trading positions and withdraw their assets off the exchange the exchange closure will materially reduce the company's cost structure and position the company for sustainable growth. singapore , aug. 15, 2022 /prnewswire/ -- eqonex limited (nasdaq: eqos) ("eqonex" or the "company"), a digital assets financial services company, today announced that it is taking decisive action to streamline its operations and focus resources primarily on the businesses that offer the most potential for revenue growth and long-term financial sustainability: asset management and custody.
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