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Arcane Crypto Goes Public On Nasdaq First North After Its Reverse Takeover

Mary Liu

Summary: Arcane Crypto, a diversified crypto company has been listed on the Nasdaq First North today, trading code ARCANE, valued at $200 million, according to a press release. Nasdaq First North is a branch of Nasdaq for small or growing companies to raise funds and expand their business. Arcane's listing was completed through a reverse takeover of Vertical Ventures AB.  ...

Arcane Crypto, a diversified crypto company has been listed on the Nasdaq First North today, trading code ARCANE, valued at $200 million, according to a press release.

Nasdaq First North is a branch of Nasdaq for small or growing companies to raise funds and expand their business. Arcane's listing was completed through a reverse takeover of Vertical Ventures AB

Arcane is a leading crypto company in Northern Europe. Its business scope covers multiple vertical fields such as payment, crypto research, crypto investment, and trading platforms. CEO Torbjørn Bull Jenssen said: "We will continue our ecosystem approach of bringing the different parts of the value chain under the same roof to realize synergies, and expect to take an active role in M&A."

By Mary Liu

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