Tagged: otc markets

January 10, 2024 @ 4:57 pm By JD Alois  |  

As was reported earlier today, after an extended deliberation, the Securities and Exchange Commission (SEC) has approved eleven Bitcoin ETFs. CI has received multiple comments on the approval which is a seminal event for the crypto industry. Rajeev Bamra, SVP of Digital Finance at Moody’s… Read More

October 1, 2023 @ 6:00 pm By JD Alois  |  

Frequently, private firms aim to grow and become public companies at some point in their evolution. This is one of the ways you can also provide liquidity for early investors. Yet by becoming a “registered” or “reporting company,” you must comply with a heightened degree… Read More

August 31, 2023 @ 3:37 pm By JD Alois  |  

Earlier this month, CI reported on the Association of Online Investment Platforms (AOIP) – the group that advocates on behalf of platforms raising capital online – submitting recommendations to FINRA regarding a request for feedback on improving capital formation. FINRA [Financial Industry Regulatory Authority] is… Read More

April 11, 2022 @ 4:47 pm By JD Alois  |  

  Last week, on the anniversary of the JOBS Act of 2012, Republican members of the Senate Banking Committee pitched a new legislative initiative to support entrepreneurship, access to capital, and helping retail investors. The JOBS Act of 2012 legalized online capital formation. The JOBS… Read More

March 17, 2022 @ 9:06 am By JD Alois  |  

OTC Markets Group (OTCQX: OTCM), a marketplace for domestic and international securities, states that it has signed an agreement to acquire the assets of Blue Sky Data Corp, a provider of equity and debt compliance data regarding state “Blue Sky” securities rules and regulations. Many… Read More

January 24, 2022 @ 11:17 am By JD Alois  |  

OTC Markets has published its annual ranking of the top 50 firms traded on its platform. The OTCQX Best 50 ranks the top U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily… Read More

October 18, 2021 @ 9:49 am By JD Alois  |  

Digital asset manager Grayscale now has 9 publicly traded crypto products with the addition of Grayscale Zcash Trust, Grayscale Stellar Lumens Trust, and Grayscale Horizen Trust now trading on OTC Markets (OTCQX Best Market). The trading symbols for these vehicles are ZCSH, GXLM, and HZEN,… Read More

April 3, 2021 @ 7:41 pm By Omar Faridi  |  

Cass Sanford, an Associate General Counsel who supports regulatory and policy-making initiatives at OTC Markets Group, notes that the US Securities and Exchange Commission’s (SEC) amendments to Rule 15c2-11 may eliminate public quoting in securities of issuers that don’t make current information “publicly available.” Sanford,… Read More

December 7, 2020 @ 2:03 pm By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, announced on Monday that Grayscale Litecoin Trust (OTCQX: LTCN), an investment vehicle that enables investors to gain access and exposure to Litecoin in the form of a security without the challenges of buying,… Read More

August 17, 2020 @ 3:45 pm By JD Alois  |  

Grayscale Investments has announced that Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received DTC-eligibility to trade. Shares of Grayscale Bitcoin Cash Trust will be available to trade on OTC Markets under the symbol: BCHG and shares of Grayscale Litecoin Trust will be available… Read More

July 20, 2020 @ 3:21 pm By JD Alois  |  

Grayscale Investments has announced that shares of both Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received regulatory approval from FINRA for public quotation under symbols: BCHG and LTCN on OTC Markets. Grayscale states that this is the first publicly-quoted securities in the U.S…. Read More

March 31, 2020 @ 11:26 pm By Omar Faridi  |  

Bitwise Asset Management, a trusted partner to individuals, asset managers, family offices, and institutions in navigating cryptocurrency, is in the process of getting its digital asset index fund listed on OTC Markets (OTCQX). Bitwise informed investors on March 27, 2020, that it’s currently working toward… Read More

November 1, 2019 @ 2:53 pm By JD Alois  |  

OTC Markets has inked a strategically important partnership with North Capital Investments Technology where OTCQX and OTCQB listed companies may conduct and manage securities offerings online. OTC Markets is integrating the North Capital platform to facilitate online capital formation in recognition of the ongoing shift… Read More

July 10, 2019 @ 10:10 am By JD Alois  |  

OTC Markets Group trades over 10,000 US and global securities. The company, a regulated alternative trading system (ATS), operates three tiers of trading platforms with each marketplace (OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market). OTC Markets largely targets smaller companies… Read More

April 29, 2019 @ 9:09 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has ordered the suspension of trading for Bitcoin Generation, Inc. The company traded under the symbol BTGN on OTC Markets Link (previously Pink). According to a profile on OTC Markets, Bitcoin Generation is an Oklahoma based company that “specializes… Read More

January 25, 2019 @ 9:58 am By JD Alois  |  

OTC Markets Group has published their annual OTCQX Best 50 list. The list is a ranking of top-performing OTCQX companies in the prior calendar year which include both domestic and international firms. OTC Markets is a popular marketplace with many global companies that are headquartered outside the… Read More

January 10, 2019 @ 8:04 am By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM), has acquired assets pertaining to “Virtual Investor Conferences” (VIC) previously owned by PR Newswire. Terms of the transaction were not made public. OTC Markets said the online investor conference tech enables a similar experience to live meetings with institutional investors, advisors,… Read More

January 7, 2019 @ 2:09 pm By JD Alois  |  

OTC Markets Group Inc. (OTCQX: OTCM), has made a strategic move to expand its global reach by opening up an office in London. In a release, OTC Markets described the move as “part of a broader strategy to meet the needs of European issuers looking for… Read More

December 21, 2018 @ 11:59 am By JD Alois  |  

This week, CI reported about a problem for Regulation A issuers (or Reg A+ as it is called). Speaking with Mark Elenowitz, a Wall Street veteran and CEO of Tripoint Global and Bank, he explained a nagging problem for issuers using the security exemption who… Read More

December 19, 2018 @ 8:29 pm By JD Alois  |  

Today, Reg A+ received a big boost from the Securities and Exchange Commission (SEC) as they announced that reporting firms will soon be able to use the security exemption. Old Regulation A was an exemption that just about no one used – ever. It took… Read More