Liquid Meta, a DeFi firm, has listed its shares on the NEO Exchange under ticker LIQD. Liquid Meta’s market cap is currently around CDN 46 million.
NEO Exchange is a tier 1 stock exchange operating in Canada. Its mission is to serve the innovation sector for primary issuance and secondary trading.
Liquid Meta’s goal is to become a top provider of liquidity to decentralized exchanges across the global sector via a process labeled liquidity mining and yield farming. Liquid Meta also develops tech to automate and accelerate access to DeFi transactions and trade.
Jonathan Weisblatt, President and CEO of Liquid Meta, commented on the listing of its shares stating they look forward to providing investors access to Web 3.0:
“Liquid Meta is proud to be the first publicly traded, pure-play technology company focused on a Liquidity Mining Operation. The exponential growth taking place across the entire DeFi ecosystem continues to create an exciting opportunity for Liquid Meta to become a critical player in this new and evolving industry. Listing on the NEO Exchange was an easy decision with our shared values of a fairer market and a focus on technology and innovation. The team has been a pleasure to work with and we look forward to a long-lasting partnership.”
Jos Schmitt, President and CEO of NEO, said the DeFi space has taken off as the world has become aware of the benefits over traditional finance:
“Innovators in the DeFi space – like Liquid Meta – need a Tier 1 exchange that shares their drive for continued innovation while supporting their rapid growth. NEO is honoured to be the exchange of choice for Liquid Meta and we are committed to providing enhanced liquidity, exposure, and visibility as they embark on a promising capital markets journey.”
Earlier today, Liquid Meta announced the appointment of two new independent board directors.
Stephen Harper is the former CEO of Saguenay Strathmore Capital, an alternative investment management firm. He currently sits on the board of BGC Europe Holdings LP, one of the world’s largest interdealer brokers, and Copper Street Capital, an alternative investment firm.
Tom Kang is the CEO of Allied Inventors, a fund that focuses on patents and start-ups. He was previously CEO of KTB Financial Group, President of Asia for Fortress Investment Group, CEO of Kang & Company, CEO of Seoul Securities and Managing Director at BT Wolfensohn.
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