Argo Blockchain shares to begin trading on OTCQX in US

Argo Blockchain said its ordinary shares will begin trading on Wednesday on the OTCQX Best Market in the US, under the ticker symbol ARBKF. The shares have been upgraded from the OTCQB Venture Market.

“The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws,” Argo Blockchain said in a statement.

“Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors.”
Peter Wall, Argo Blockchain PLC (LON:ARB) CEO, said, “This approval will give increased access to US institutional and retail investors looking to invest in the Company and provide them with the opportunity to share in Argo’s growth as the cryptocurrency and blockchain sectors continue to gather momentum.”

OTC
OTC Markets Group have offered their congratulations to the cryptocurrency miner, saying they are pleased to support innovative and entrepreneurial international companies.

“Cross-trading on OTCQX in the US will enable Argo Blockchain PLC, which is listed on the London Stock Exchange, to diversify its investor base and to expand its global engagement even further,” OTC’s Vice President of International Corporate Services Jonathan Dickson said in a statement.