Eqonex Limited (EQOS) Stock Analysis
DELISTED 2022
What happened to Eqonex Limited (EQOS) stock?
Eqonex Limited (EQOS) no longer trades on public markets. It was delisted in November 2022. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Eqonex Limited (EQOS) trades at $0.0931. Eqonex Limited is a digital assets financial services company offering custody, asset management, and brokerage services. Sector: Financial services.
Last analyzed: Mar 18, 2026Analyst Coverage for EQOS: EQOS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EQOS against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Eqonex Limited (EQOS) Financial Services Profile
Eqonex Limited, a Singapore-based digital assets financial services company, provides custody, asset management, and brokerage services. It caters to institutional and professional investors through its Digivault custody solution, Bletchley Park investment products, and EQONEX Investment securitized offerings, operating in the evolving digital asset landscape.
What Is the Investment Thesis for EQOS?
Eqonex Limited presents a unique investment proposition within the digital asset financial services sector. The company's focus on institutional investors and its comprehensive suite of services, including custody, asset management, and brokerage, positions it to capitalize on the increasing adoption of digital assets by institutions. However, the company's negative profit margin of -1416.4% and gross margin of -570.7% raise concerns about its financial sustainability. Growth catalysts include the increasing institutional adoption of digital assets and the expansion of its product offerings. Key value drivers include the growth of assets under custody and management, as well as the expansion of its brokerage services. Potential risks include regulatory uncertainty, competition from established financial institutions, and the volatility of digital asset markets. Monitoring the company's progress in achieving profitability and expanding its market share is crucial.
Based on FMP financials and quantitative analysis
EQOS Key Highlights
Operates in the digital assets financial services sector, focusing on custody, asset management, and brokerage.
- Provides Digivault, a custody solution for secure storage of digital assets.
- Offers Bletchley Park, a digital asset investment solution for institutional and professional investors.
- Issues securitized products under the EQONEX Investment brand.
- Operates an over-the-counter (OTC) brokerage, facilitating large-volume digital asset trading.
Who Are EQOS's Competitors?
EQOS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AIEV Thunder Power Holdings, Inc. | $0.20 | +47.28% | $20.5M | 48 |
| ATIF ATIF Holdings Ltd. | $0.64 | -12.79% | $7.63M | 38 |
| ATVC Tribe Capital Growth Corp I | $9.81 | +0.10% | $338M | 44 |
| AURC Aurora Acquisition Corp. | $17.44 | -28.37% | $141M | 53 |
| CIIHF CITIC Securities Company Limited | $3.50 | +0.00% | $51.9B | 55 |
| GUOSF Guotai Junan Securities Co., Ltd. | $2.00 | +0.00% | $48.7B | 53 |
| RJF Raymond James Financial, Inc. | $177.93 | -0.76% | $34.2B | 88 |
| TW Tradeweb Markets Inc. | $106.10 | +2.71% | $22.6B | 82 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EQOS's Key Strengths?
Comprehensive suite of digital asset financial services.
- Focus on institutional investors.
- Secure custody solutions (Digivault).
- Experienced management team.
What Are EQOS's Weaknesses?
Negative profit margin and gross margin.
- Limited brand recognition compared to established financial institutions.
- Dependence on the volatile digital asset market.
- Relatively small size compared to competitors.
What Could Drive EQOS Stock Higher?
Increased institutional adoption of digital assets driving demand for Eqonex's services.
- Expansion of product offerings, including new investment products and services.
- Strategic partnerships with established financial institutions and technology companies.
What Are the Key Risks for EQOS?
Regulatory changes impacting the digital asset market.
- Competition from established financial institutions and fintech companies.
- Volatility of digital asset prices affecting investor sentiment and trading volumes.
- Cybersecurity risks associated with digital asset storage and trading.
What Are the Growth Opportunities for EQOS?
- Expansion of Custody Services: Eqonex can capitalize on the growing demand for secure digital asset custody solutions, particularly among institutional investors. By expanding its Digivault offering and targeting new institutional clients, Eqonex can significantly increase its assets under custody and generate recurring revenue. Timeline: Ongoing.
- Growth in Asset Management: The company can grow its asset management business by launching new investment products and attracting more institutional and professional investors to its Bletchley Park platform. The digital asset investment market is experiencing rapid growth, with increasing demand for diversified investment strategies. By offering innovative and well-structured investment products, Eqonex can attract a larger share of this market. Timeline: Ongoing.
- Expansion of Brokerage Services: Eqonex can expand its over-the-counter (OTC) brokerage services to capture a larger share of the institutional trading market. The OTC market for digital assets is characterized by large-volume trades and sophisticated investors. By providing competitive pricing, efficient execution, and personalized service, Eqonex can attract more institutional clients and increase its trading volumes. Timeline: Ongoing.
- Strategic Partnerships: Eqonex can form strategic partnerships with established financial institutions and technology companies to expand its reach and enhance its service offerings. Partnerships can provide access to new markets, technologies, and customer bases. By collaborating with leading players in the financial and technology sectors, Eqonex can accelerate its growth and strengthen its competitive position. Timeline: Ongoing.
- Geographic Expansion: Eqonex can expand its operations into new geographic markets to capture a larger share of the global digital asset financial services market. The company can target regions with favorable regulatory environments and growing institutional interest in digital assets. By establishing a presence in key markets, Eqonex can diversify its revenue streams and reduce its dependence on any single region. Timeline: Ongoing.
What Are EQOS's Competitive Advantages?
- Secure custody solutions (Digivault) provide a competitive advantage in attracting institutional clients.
- Established relationships with institutional investors in the digital asset space.
- Comprehensive suite of services, including custody, asset management, and brokerage.
- Expertise in navigating the complex regulatory landscape of digital assets.
What Does EQOS Do?
Eqonex Limited, formerly known as Diginex Limited, was established to provide a comprehensive suite of digital asset financial services. The company's evolution reflects the growing institutional interest in digital assets, with a focus on bridging the gap between traditional finance and the crypto economy. Eqonex operates through three primary divisions: Custody, Asset Management, and Brokerage. Its Digivault custody solution offers secure storage for digital assets, addressing a critical need for institutional investors. Bletchley Park provides digital asset investment solutions tailored for institutional and professional investors, offering access to a range of investment strategies. The company also issues securitized products under the EQONEX Investment brand. Furthermore, Eqonex operates an over-the-counter (OTC) brokerage, facilitating large-volume digital asset trading, and provides borrowing and lending services, as well as structured products. Headquartered in Singapore, Eqonex aims to be a leading provider of digital asset financial services globally, navigating the complex regulatory landscape and evolving market dynamics.
What Products and Services Does EQOS Offer?
- Provides digital asset custody solutions through Digivault.
- Offers digital asset investment solutions for institutional and professional investors via Bletchley Park.
- Issues securitized products under the EQONEX Investment brand.
- Operates an over-the-counter (OTC) brokerage for digital assets.
- Provides borrowing and lending services for digital assets.
- Offers structured products related to digital assets.
How Does EQOS Make Money?
- Generates revenue from custody fees for storing digital assets.
- Earns management fees from its digital asset investment products.
- Collects brokerage commissions from OTC trading activities.
- Derives income from lending and borrowing services.
What Industry Does EQOS Operate In?
The digital asset financial services industry is experiencing rapid growth, driven by increasing institutional adoption and technological advancements. The market is characterized by a mix of established financial institutions and emerging fintech companies. Eqonex Limited operates in this dynamic landscape, competing with companies offering similar services, such as digital asset custody, asset management, and brokerage. The industry is subject to evolving regulatory frameworks, which pose both challenges and opportunities for companies like Eqonex. The increasing demand for secure and regulated digital asset services is expected to drive growth in the coming years.
Who Are EQOS's Key Customers?
- Institutional investors, such as hedge funds, asset managers, and family offices.
- Professional investors, including high-net-worth individuals.
- Corporations seeking to manage their digital asset holdings.
Company Profile
Eqonex Limited operates in the Financial - Capital Markets industry within the Financial Services sector. EQOS has traded publicly since 2019.
EQOS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Comprehensive suite of digital asset financial services.
- Focus on institutional investors.
- Secure custody solutions (Digivault).
- Experienced management team.
Bear Case
- Negative profit margin and gross margin.
- Limited brand recognition compared to established financial institutions.
- Dependence on the volatile digital asset market.
- Relatively small size compared to competitors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
EQOS Latest News
No recent news available for EQOS.
Common Questions About EQOS (Financial Services)
What happened to Eqonex Limited (EQOS) stock?
Eqonex Limited (EQOS) no longer trades on public markets. It was delisted in November 2022. The figures below are historical and are not a current quote.
Can I still buy EQOS shares?
No. EQOS stopped trading on public markets in November 2022, so the shares are not available through a broker. Anything you see quoted for EQOS elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before EQOS stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Eqonex Limited. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Eqonex Limited do?
Eqonex Limited operates as a digital assets financial services company, focusing on providing custody, asset management, and brokerage services to institutional and professional investors. The company's Digivault solution offers secure storage for digital assets, while its Bletchley Park platform provides access to a range of investment strategies. Eqonex also operates an over-the-counter (OTC) brokerage, facilitating large-volume digital asset trading.
What are the main risks for EQOS?
The main risks for Eqonex Limited include regulatory uncertainty surrounding digital assets, competition from established financial institutions and fintech companies, volatility of digital asset prices, and cybersecurity risks associated with digital asset storage and trading. Regulatory changes could significantly impact the company's business model and operations. Intense competition could erode its market share and profitability.
How is Eqonex Limited adapting to fintech disruption?
Eqonex Limited is adapting to fintech disruption by focusing on providing secure and regulated digital asset services for institutional investors. The company's Digivault custody solution and Bletchley Park investment platform are designed to meet the specific needs of institutional clients, who require a high level of security and compliance.
How does Eqonex Limited generate revenue?
Eqonex Limited generates revenue through a combination of custody fees, management fees, and brokerage commissions. Custody fees are earned from providing secure storage for digital assets through the Digivault solution. Management fees are derived from the company's digital asset investment products offered through the Bletchley Park platform. Brokerage commissions are generated from over-the-counter (OTC) trading activities.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending, limiting the depth of financial analysis.
- Limited historical data available for a comprehensive assessment.