Bitcoin mining company Vinanz Limited has received full-service eligibility as The Depository Trust Company (DTC) in the United States, making the company’s shares more accessible to US retail and institutional investors.
The company’s shares, which trade under the symbol ‘VINZF’ in the United States, are now eligible for electronic clearing and settlement through the DTC and are therefore considered ‘DTC eligible’.
In addition, the company announces that it has now established the Vinanz Limited Employee Benefit Trust to implement the use of an incentive plan as set forth in the Company’s admission document dated April 20, 2023.
David Lenigas, Executive Chairman of Vinanz, said:
“Securing DTC eligibility is very exciting news for the Company and completes our goal of enabling US investors to easily trade Vinanz shares under our OTCQB listing online, in real time and in US dollars with the symbol “VINZF”. Real-time electronic clearing and settlement simplifies investor access to an important market for Vinanz. DTC Eligibility should also see much stronger market performance in our shares in the coming weeks to months.”