Argo Blockchain PLC soars as it applies for listing on US OTCQB Venture Market
The market responded very positively to the news, soaring 84% in early deals.
() has applied to have its shares cross-traded publicly on the US OTCQB Venture Market.
If the application is successful, the shares will carry the ticket ARBKF.
Argo said the move would make the cryptocurrency miner’s shares more widely available to North American investors and would have no impact on trading in the shares on London’s main market.
“We want to make Argo available to US markets in order to gain access to a broader investor base and enhance our visibility in North America. We are already trading on OTCPK and we anticipate a full OTC listing with wider investor reach in the coming days,” said Peter Wall, the chief executive officer of Argo Blockchain.
Shares in Argo were the top risers in London, soaring 84%to 35p.
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