NEW YORK, Feb. 11, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced HIVE Blockchain Technologies Ltd. (TSX-V: HIVE; OTCQX: HVBTF), a growth oriented company building a bridge from the blockchain sector to traditional capital markets, has qualified to trade on the OTCQX® Best Market. HIVE Blockchain Technologies Ltd. upgraded to OTCQX from the Pink® market.
HIVE Blockchain Technologies begins trading today on OTCQX under the symbol "HVBTF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome HIVE Blockchain Technologies to our OTCQX Best Market," said Jason Paltrowitz, Director, OTC Markets Group International Ltd. and EVP, Corporate Services, OTC Markets Group. "HIVE Blockchain joins a robust roster of Canadian companies that benefit from cross-trading their shares and providing a premium market for accessing U.S. investors. We look forward to supporting HIVE Blockchain as the company builds long-term shareholder value."
"Upgrading to OTCQX is an important event for the Company," said Frank Holmes, Interim Executive Chairman. "The OTCQX equips HIVE with better liquidity and exposure for existing and future U.S. and international investors as we continue our long-term strategy to enhance shareholder value. HIVE is an industry leader among publicly traded blockchain infrastructure companies and trading on OTCQX in the U.S. provides investors with an opportunity to participate in the long-term potential of blockchain and to invest in a stock that is highly correlated to the price movements of cryptocurrencies like Bitcoin and Ethereum."
HIVE Blockchain Technologies was sponsored for OTCQX by SecuritiesLawUSA, PC, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Ltd. is a growth oriented company building a bridge from the blockchain sector to traditional capital markets. HIVE is strategically partnered with Genesis Mining Ltd. to build the next generation of blockchain infrastructure. HIVE owns state-of-the-art GPU based digital currency mining facilities in Iceland and Sweden, which produce newly minted digital currencies like Ethereum continuously as well as cloud-based ASIC-based capacity which produces newly minted digital currencies like Bitcoin. HIVE's deployments provide its shareholders with exposure to the operating margins of digital currency mining as well as a growing portfolio of crypto-coins.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
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