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Mining company Argo Blockchain executives set up NFT investment company and plan to list in London
2021-04-01 15:58
This article is about 916 words, reading the full article takes about 2 minutes
NFT Investments plans to raise £10m through IPO.

This article comes fromThe Block, original author: Yogita Khatri

Odaily Translator | Nian Yin Si Tang

Summary:

This article comes from

, original author: Yogita Khatri

Odaily Translator | Nian Yin Si Tang

secondary titleSummary:- Executives at listed bitcoin miner Argo Blockchain are now planning to list their new NFT investment firm in London.

- NFT Investments plans to raise £10 million (about $14 million) in an IPO.Executives at UK-listed bitcoin miner Argo Blockchain are now betting on the nascent market with their new NFT investment firm.The company, NFT Investments PLC, is led by Argo co-founders Jonathan Bixby and Mike Edwards.

Founded March 3rd

, currently planning to list in London.

NFT Investments plans to trade in niche market Aquis Stock Exchange Global Market (AQSE)

Issue of 200 million common shares

, aiming to raise around £10 million (about $14 million).

The company said its IPO valuation would be £25 million ($34.5 million), making it the first NFT investment company to go public.

"I'm very excited to lead the world's first listing of a purely NFT-focused investment company," said Bixby, executive chairman of NFT Investments. The gateway to this exciting new frontier."

NFT
invest
finance
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