OTC Markets Group Welcomes Grayscale Basic Attention Token Trust® to OTCQX
OTC Markets Group announced that Grayscale Basic Attention Token Trust (GBAT) has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market. Trading will commence under the symbol 'GBAT'. The trust provides investors exposure to Basic Attention Token (BAT) through a security format, eliminating direct cryptocurrency handling challenges.
The OTCQX Market serves as a premium U.S. public trading platform for investor-focused companies. To qualify, companies must meet strict financial standards, follow best practice corporate governance, and comply with securities laws. This upgrade represents a significant milestone for GBAT's visibility among U.S. investors.
OTC Markets Group ha annunciato che Grayscale Basic Attention Token Trust (GBAT) ha ottenuto la qualifica per essere scambiato sul OTCQX® Best Market, passando dall'OTCQB® Venture Market. Le negoziazioni inizieranno sotto il simbolo 'GBAT'. Il trust offre agli investitori un'esposizione al Basic Attention Token (BAT) attraverso un formato di sicurezza, eliminando le sfide legate alla gestione diretta delle criptovalute.
Il mercato OTCQX serve come una piattaforma di trading pubblica premium negli Stati Uniti per aziende focalizzate sugli investitori. Per qualificarsi, le aziende devono soddisfare criteri finanziari rigorosi, seguire le migliori pratiche di governance aziendale e rispettare le leggi sui titoli. Questo upgrade rappresenta una pietra miliare significativa per la visibilità di GBAT tra gli investitori statunitensi.
OTC Markets Group anunció que Grayscale Basic Attention Token Trust (GBAT) ha calificado para operar en el OTCQX® Best Market, actualizándose desde el OTCQB® Venture Market. Las operaciones comenzarán bajo el símbolo 'GBAT'. El fideicomiso proporciona a los inversores exposición al Basic Attention Token (BAT) a través de un formato de seguridad, eliminando los desafíos de manejo directo de criptomonedas.
El mercado OTCQX sirve como una plataforma de comercio pública premium en EE. UU. para empresas enfocadas en inversionistas. Para calificar, las empresas deben cumplir con rigurosos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y cumplir con las leyes de valores. Esta actualización representa un hito significativo para la visibilidad de GBAT entre los inversores estadounidenses.
OTC 마켓 그룹은 Grayscale Basic Attention Token Trust (GBAT)가 OTCQX® Best Market에서 거래할 자격을 얻었으며, OTCQB® Venture Market에서 업그레이드되었다고 발표했습니다. 거래는 'GBAT'라는 기호 아래에서 시작됩니다. 이 신탁은 투자자들에게 Basic Attention Token (BAT)에 대한 노출을 제공하며, 직접적인 암호화폐 처리의 문제를 제거합니다.
OTCQX 시장은 투자자 중심의 기업을 위한 프리미엄 미국 공공 거래 플랫폼으로 기능합니다. 자격을 얻으려면 기업은 엄격한 재무 기준을 충족하고, 최선의 기업 거버넌스 관행을 따르며, 증권 법규를 준수해야 합니다. 이번 업그레이드는 미국 투자자들 사이에서 GBAT의 가시성에 있어 중요한 이정표가 됩니다.
OTC Markets Group a annoncé que Grayscale Basic Attention Token Trust (GBAT) a obtenu l'agrément pour être négocié sur le OTCQX® Best Market, passant de l'OTCQB® Venture Market. Les négociations commenceront sous le symbole 'GBAT'. Le trust offre aux investisseurs une exposition au Basic Attention Token (BAT) au format de sécurité, éliminant les défis liés à la gestion directe des cryptomonnaies.
Le marché OTCQX sert de plateforme de trading publique premium aux États-Unis pour les entreprises axées sur les investisseurs. Pour se qualifier, les entreprises doivent répondre à des normes financières strictes, suivre les meilleures pratiques de gouvernance d'entreprise et se conformer aux lois sur les valeurs mobilières. Cette mise à niveau représente une étape significative pour la visibilité de GBAT auprès des investisseurs américains.
OTC Markets Group gab bekannt, dass Grayscale Basic Attention Token Trust (GBAT) den Anspruch erworben hat, auf dem OTCQX® Best Market zu handeln, nachdem es vom OTCQB® Venture Market aufgestiegen ist. Der Handel wird unter dem Symbol 'GBAT' beginnen. Der Trust bietet Investoren Zugang zum Basic Attention Token (BAT) in einem Sicherheitsformat, wodurch Herausforderungen im Umgang mit Kryptowährungen direkt entfallen.
Der OTCQX Markt fungiert als eine Premium-Handelsplattform in den USA für investorenorientierte Unternehmen. Um sich zu qualifizieren, müssen Unternehmen strengen Finanzstandards entsprechen, die besten Praktiken der Unternehmensführung befolgen und die Wertpapiergesetze einhalten. Dieses Upgrade stellt einen bedeutenden Meilenstein für die Sichtbarkeit von GBAT unter US-Investoren dar.
- Upgrade to OTCQX Best Market from OTCQB Venture Market indicates company's growth and compliance with higher standards
- Enhanced visibility and accessibility to U.S. investors through premium market listing
- Provides simplified investment exposure to BAT cryptocurrency through traditional security format
- None.
NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Basic Attention Token Trust (OTCQX: GBAT), an investment vehicle that enables investors to gain exposure to Basic Attention Token (BAT) in the form of a security without the challenges of buying, storing, and safekeeping BAT directly, has qualified to trade on the OTCQX® Best Market, and today will begin trading on OTCQX under the symbol "GBAT."
GBAT upgraded to OTCQX from the OTCQB® Venture Market. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
About Grayscale Investments®
Grayscale enables investors to access the digital economy through a family of future-forward investment products. Founded in 2013, Grayscale has a decade-long track record and deep expertise as an asset management firm with expertise in crypto investing. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure. For more information, please follow @Grayscale or visit grayscale.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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Important Disclosures:
This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Private placement securities are speculative, illiquid, and entail a high level of risk, including the risk that an investor could lose their entire investment.
Investments in Grayscale Basic Attention Token Trust (“GBAT” or “Product”) are speculative investments that involve high degrees of risk, including a partial or total loss of invested funds. GBAT is not suitable for any investor that cannot afford loss of the entire investment. The shares of GBAT are intended to reflect the price of the digital asset(s) held by such Product (based on digital asset(s) per share), less such Product’s expenses and other liabilities. Because the Product does not currently operate a redemption program, there can be no assurance that the value of such Product’s shares will reflect the value of the assets held by such Product, less such Product’s expenses and other liabilities, and the shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or a substantial discount to, the value of the assets held by such Product, less such Product’s expenses and other liabilities, and such Product may be unable to meet its investment objective.
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
FAQ
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