Crypto miner Argo Blockchain launches IPO on Nasdaq

Argo Blockchain, the London Stock Exchange-listed crypto mining company, has launched an Initial Public Offering in the United States.

The crypto firm has floated 7,500,000 American Depositary Shares (ADSs), equal to 75,000,000 ordinary shares, on the Nasdaq Global Market under the symbol ARBK, according to an announcement.

With a last closing price for Argo’s ordinary shares of £1.334, a successful IPO could raise as much as £100 million.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and