Bitcoin Group's IPO on the Australian Stock Exchange
Allan Guo (left), Sam Lee (right) and Bitcoin Group. Bitcoin Group is to be listed on the Australian Stock Exchange in mid-November, becoming the world's first publically floated Bitcoin trading company. Following the positive guidance from the Australian Tax Office on the treatment of Digital Currencies, Bitcoin Group will be the first Bitcoin company on the Australian Stock Exchange, in the world's first official Bitcoin IPO listing. No other Bitcoin company has been publically traded in Australia, or any global stock exchange. Bitcoin Group's earliest investor, self-made billionaire Mr.....
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Australian bitcoin miner Bitcoin Group has delayed its public float on the Australian Securities Exchange (ASX), yet again. The revelation comes soon after a disappointing IPO that fell well short of the miner’s expectations. Melbourne-based mining firm Bitcoin Group has now revealed another delay in its intention to float its stock in the open market by listing on the ASX. The update was disclosed to investors in an update on February 5th, noting that the ASX has sought additional information about the company’s intention to list. The statement read: Investors will appreciate that ‘block....
The Australian Securities Exchange (ASX), the biggest stock exchange in the country-continent is keeping a close eye on blockchain technology, a recent report revealed. The CEO of Australia’s biggest stock exchange, the ASX, has revealed that the exchange is considering blockchain technology as the group is due to upgrade its current system for clearing and settlement of trades. In an interview with the Financial Times, ASX CEO Elmer Funke Kupper said: We’re having a very close look at this. The timing is almost perfect. Where blockchain can make an enormous difference, we’re having a look....
The Australian Stock Exchange (ASX) Limited has announced that it is building a blockchain as a replacement for its current platform for clearing and settlement of trades. In an announcement today by Australia’s biggest stock exchange, the ASX has confirmed that it is developing a private blockchain with US-based firm Digital Asset as a post-trade solution for the Australian equity market. The announcement also revealed that the ASX paid AUD $14.9 million for a 5% equity interest in Digital Asset Holdings (DAH), a fee that will also fund an initial phase of development of the private....
Bitcoin Group Ltd has once again delayed its public listing on the Australian Securities Exchange (ASX), despite its recent initial public offering. The Melbourne-based bitcoin mining firm first announced its intention to list on the ASX in October 2014. However, it has now suffered as many as six hold-ups due to requests and reprimands from the stock exchange. The latest news came by way of a Bitcoin Group investors' update on 5th February, which said: “Investors will appreciate that ‘block chain’ is a new technology and we are working with ASX to satisfy its request for additional....
Australia-based start-up, the 'Bitcoin Group,' is set to become the second company to get listed on the Australian stock market! The company is zealously also striving to raise $20 million via issuing 100 million new shares to the public at 20 cents each. As per the plan, the company is hoping to start trading on the Australian Securities Exchange starting November 11, 2015. It should be noted that it was Digital BTC, another Bitcoin company, that took the honor of being the first company to be trading on the local share market. This Bitcoin miner has been on the market since June of 2014.....