‘s Executive Chairman Jonathan Bixby talks to Proactive London’s Katie Pilbeam about their initial public offering (IPO) which has already doubled to £20m, a record target for a company listing on the Aquis Stock Exchange Growth Market.
Bixby explains how he started Argo Blockchain back in 2017 with the same thesis, to ‘democratise mining….NFTs are at scale and we want to democratise ownership of them for anyone who wants to own our stock’.
The company is aiming to issue 400m new shares through a placing at a price of 5p each, which it expects will give it a market cap of £35m at flotation.
Bixby says ‘this digital revolution that we are in is real and if you haven’t opened your eyes to see it, just watch, it’s going to happen!’.
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