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OTC Markets Group Welcomes Blockchain Mining Ltd. to OTCQXNEW YORK, July 25, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Blockchain Mining Ltd. ("BLCM" or the "Company") (TASE: BLCM.TA; OTCQX: BLLCF), which through its transaction with Backbone Hosting Solutions Inc. (operating as "Bitfarms"), owns and operates blockchain farms that power the global decentralized financial economy, has qualified to trade on the OTCQX® Best Market. Blockchain Mining begins trading today on the OTCQX under the symbol "BLLCF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. "We are pleased to welcome Blockchain Mining as the first Tel Aviv Stock Exchange-listed company to begin cross-trading on the OTCQX Best Market this year," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "As evidenced in a recent study conducted by Oxford Metrica, OTCQX provides international companies with increased US ownership, improved liquidity in their home market and enhanced shareholder value. We look forward to supporting Blockchain Mining as the Company builds visibility and long-term shareholder value in the U.S. public markets." "Blockchain Mining is delighted to have been accepted on th OTCQX Best Market. Creating further exposure to U.S. investors is of key strategic importance as we continue to progress our operational expansion. This action has been part of a plan to build an active trading market for BLCM in North America, allowing investors to hold and trade the ordinary shares directly. As previously disclosed, the ordinary shares traded on OTCQX will replace the current ADR program," said Wes Fulford, Chief Executive Officer for the Company." Blockchain Mining was sponsored for OTCQX by J.P. Galda & Co., a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership. The listing of the ordinary shares on the Tel-Aviv Stock Exchange is unaffected by the trading of the ordinary shares in North America. About Blockchain Mining Ltd. About OTC Markets Group Inc. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com. OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS. Subscribe to the OTC Markets RSS Feed Media Contact:
View original content with multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-blockchain-mining-ltd-to-otcqx-300686025.html SOURCE OTC Markets Group Inc. |