Stockholm-based Crypto Exchange to Go Public in 2020
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Jan. 18, 2020

Based in Stockholm, a cryptocurrency exchange called BTCX, is planning to go public this year, Yahoo! Money reports citing an official CEO's statement.

BTCX CEO Oskar Soderstrom says the exchange is thinking about to fill an initial public offering (IPO) by the end of Q3 2020.

Sweden’s Central Bank to Launch Crypto Pilot Project

Eminova Partners, a corporate financial advisory firm will reportedly help the exchange with filling the offering.

Soderstrom claims the exchange aims to bring bitcoin "to the masses and to bridge the gap between new and traditional finance."

"Being in new finance, a listing of the company via a traditional route feels like a natural progression to achieve that goal," Soderstrom added.

Previously iHodl reported that a Chinese crypto-mining device maker Canaan attracted a total of $90M during its IPO on NASDAQ.

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