Express

This Canadian Company Completes CAD$230 Million IPO For Its Bitcoin Trust

Mary Liu

Summary: Ninepoint Partners, a Canada-based alternative investment management company announced that its Bitcoin Trust has completed an initial public offering (IPO) of CAD$230 Million. The fund provides investors with a safer and simpler investment alternative than a direct buying and holding of Bitcoin. John Wilson, the Co-CEO and Managing Partner of Ninepoint, said: "It is the largest ...

Ninepoint Partners, a Canada-based alternative investment management company announced that its Bitcoin Trust has completed an initial public offering (IPO) of CAD$230 Million.

The fund provides investors with a safer and simpler investment alternative than a direct buying and holding of Bitcoin.

John Wilson, the Co-CEO and Managing Partner of Ninepoint, said: "It is the largest initial public offering of a Bitcoin investment fund in Canada to date."

By Mary Liu

Last Update:

Tags: ,,,,
Link: This Canadian Company Completes CAD$230 Million IPO For Its Bitcoin Trust   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 7 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • You need to login to comment.