Hive Blockchain Technology, a publicly-traded Canadian crypto mining company, said it received approval to list its common share on NASDAQ. A global electronic marketplace for buying and selling securities is known as NASDAQ. It is the world’s first electronic exchange and also lists popular cryptocurrencies. Hive will retain its listing on the TSX Venture Exchange (TSX.V)
The Vancouver-based company went public in 2017. Presently Hive Blockchain Technology trades Canada’s largest exchange TSX venture exchange. It focuses on Both Ethereum and Bitcoin. Very soon, we might also see a Bitcoin ETF approved by SEC.
Also Read: Goldman Sachs Expand in Crypto Trading With a Plan for Ether Options
According to the Hive announcement, “Hive Owns state-of-the-art green energy-powered data center facilities in Canada, Sweden, and Iceland which produce newly minted digital currencies like bitcoin, and Ethereum Continuously on the cloud.”
Since the beginning of 2021, Hive has accumulated the majority of its ETH and BTC coin production, which they hold in secure storage.
Hive did not say when the NASDAQ shares would start trading. Hive traded over 2 billion shares in 2020. It is the first cryptocurrency mining company with green energy and ESG strategy. It provides its service from the blockchain sector to the traditional capital market
