Hive Blockchain Technologies, a publicly traded Canadian crypto-mining company, said it received approval to list its common shares on Nasdaq.

  • Hive Blockchain mines ethereum and bitcoin continuously on the cloud and keeps hold of most of its production. It owns data-center facilities in Canada, Sweden, and Ireland.
  • The Vancouver-based company went public in 2017 and said it will retain its listing on the TSX Venture Exchange, trading under the ticker symbol “HIVE.”
  • The shares have gained about 33% this year.
  • Hive did not say when the Nasdaq shares would start trading.
  • In May, the firm sold its Norwegian subsidiary Kolos Norway AS after the government abolished power subsidies.

Read more: Crypto Miner Hive Blockchain Sells Norwegian Unit After Country Removes Power Subsidy

Disclosure
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.