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This Canadian Company Completes CAD$230 Million IPO For Its Bitcoin Trust
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
Tags: Bitcoin,Bitcoin Trust,Canada,IPO,Ninepoint Partners
Link: This Canadian Company Completes CAD$230 Million IPO For Its Bitcoin Trust [Copy]