NFT Investments Plans Listing on London Stock Exchange Growth Market

The company claims it will be the first investment company focused solely on the NFT market to launch on a stock market in a major jurisdiction.

AccessTimeIconApr 1, 2021 at 11:45 a.m. UTC
Updated Sep 14, 2021 at 12:34 p.m. UTC

NFT Investments, an investment company focusing specifically on non-fungible tokens (NFTs) said it plans to list on the Aquis Stock Exchange Growth Market (AQSE) in London later this month.

  • According to the announcement Thursday, NFT Investments expects its market capitalization to be around £25 million (US$34.4 million).
  • NFT Investments plans to raise around £10 million ($13.8 million) through the sale of 200 million shares at 5 pence apiece.
  • The company claims it will be the first investment company focused solely on the NFT market to launch on a stock market in a major jurisdiction.
  • The proceeds from the flotation will be spent on identifying new investments, both in NFTs directly and in companies or funds that provide exposure to them.
  • NFT Investments’ board includes co-founders of Argo Blockchain Jonathan Bixby and Mike Edwards as executive chair and non-executive director respectively.

Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

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. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Investing in the Future of the Digital Economy
October 18-19 | Spring Studio, NYC