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CryptoGlobe
2019-01-23 16:50:00

Bithumb Could Become First Publicly Traded Crypto Exchange Co. in the US

Blockchain Industries, Inc. (BCII), a holding company that trades publicly on US over-the-counter (OTC) markets, has announced its plans to “merge with” Singapore-based firm, BTHMB Holdings Pte. Ltd. The merger is part of an initiative that involves listing cryptocurrency exchange, Bithumb as a publicly traded company in the US. The “binding letter of intent” (LOI) to merge both business entities was reportedly signed on Tuesday (January 22nd). According to the LOI, the “anticipated merger” is scheduled to be finalized “on or before March 1, 2019.”