Bitcoin Miner Argo Blockchain Starts Trading on the US OTCQX Best Market
U.K.-listed Argo Blockchain (LON:ARB) will begin trading on the OTCQX Best Market in the U.S. on Wednesday.
- Announced in a news release at the London Stock Exchange, the cryptocurrency mining firm said its ordinary shares will trade on the over-the-counter market under the ticker symbol “ARBKF.”
- The company said the news marks an upgrade from its previous presence on the middle-tier OTCQB Venture Market, which usually includes small foreign issuers and penny stocks.
- “The OTCQX is the highest tier of the OTC market and we are delighted to have qualified to begin trading,” said Peter Wall, Argo Blockchain CEO.
- “This approval will give increased access to U.S. institutional and retail investors looking to invest in the company … as the cryptocurrency and blockchain sectors continue to gather momentum,” Wall added.
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The crypto mining company said the news marks an upgrade from its previous presence on the middle-tier OTCQB Venture Market.