Blockchain technology-focused company BTCS Inc. (Nasdaq: BTCS) has announced its approval to list its Series V Preferred shares (“Series V”) on Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. The Series V shares will be available for trading on Upstream starting June 29, 2023, under the ticker symbol ‘BTCSP’.
By listing on Upstream, BTCS aims to access a global, digital-first investor base outside the U.S. and expand its shareholder base. The listing will allow investors to trade Series V shares using USDC digital currency, as well as credit, debit, PayPal, and USD, providing additional liquidity.
BTCS CEO Charles Allen expressed excitement about leveraging the power of Ethereum to unlock new opportunities and reach new audiences through Upstream. He believes that listing Series V shares on the platform will drive growth and value for BTCS shareholders.
Existing Series V shareholders who wish to deposit their shares on Upstream can find detailed instructions on the BTCS website. The process involves moving the shares to the company’s transfer agent, Equity Stock Transfer, and creating an account with Upstream. U.S.-based Series V holders will also need to open an account with Boustead Securities to deposit and trade their shares on Upstream.
BTCS Inc., listed on Nasdaq since 2014, is one of the first publicly traded companies in the U.S. with a primary focus on blockchain infrastructure and staking. The company operates validator nodes on blockchain networks and offers the StakeSeeker platform for users to better understand and grow their crypto holdings. It allows users to link and monitor their cryptocurrency portfolios across exchanges, wallets, and other sources, as well as access tools such as performance and reward tracking.
Upstream, powered by Horizon’s proprietary blockchain-powered matching engine technology, is a global stock exchange for digital securities and NFTs. The platform enables users to trade NFTs and invest in securities for IPOs, crowdfunded companies, equities, and celebrity ventures.
In compliance with securities laws, BTCS clarifies that this press release shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Investors should note that the valuation of any particular company’s securities listed on Upstream may not be accurate or in agreement with market or industry comparative valuations. They should be able to afford market volatility and the potential loss of their investment. Companies listed on Upstream have ongoing corporate obligations, including disclosure, filings, and notification requirements, and must comply with applicable listing standards. By accessing Upstream, users agree to be bound by its terms of use and privacy policy.