IXI Capital Holdings (BC) Ltd.
We recently became aware that IXI Capital Holding (BC) Ltd. promoted an initial token offering (ITO) of MINE, in which British Columbia (BC) residents can participate.
An ITO may be considered a distribution of a security under the Securities Act, RSBC 1996, c. 418 (the Act), and, therefore, may be subject to the prospectus filing requirements of the Act. IXI Capital Holdings (BC) Ltd. has not filed a prospectus in BC.
We urge BC residents to exercise caution when considering an investment in an ITO promoted by entities that may not have complied with the prospectus requirements under the Act.
For information on how to become better informed about cryptocurrencies and ITOs, please visit https://www.investright.org/about-investing/what-are-initial-coin-offerings-or-icos/.