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Argo plans London’s first cryptocurrency listing

Gepubliceerd op 10 juni 2018 00:01

A company with zero revenues, a handful of staff and Canadian roots plans to become the first cryptocurrency group to list on the London Stock Exchange, seeking to cash in on surging demand for new virtual currencies. Argo, which won approval to go public from the UK Listing Authority two weeks ago, wants to “democratise” the crypto-mining process by which new virtual coins are created by renting out its specialist computing capacity for a monthly fee.  The listing could be controversial because cryptocurrencies have been criticised over their links to crime and fraud, while the mining process has been accused of damaging the environment. 

 

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