Vinanz Limited (Lon: BTC) today announced its intention to change its name to “London BTC Company Limited”.

The company commented on its plans:

“This new name means more than a rebrand. It reflects the company’s evolving business focus and aligns with our strategic vision of leading a leading power in the Bitcoin economy through continuous growth.”

The company’s symbol on the London Stock Exchange will remain unchanged as “BTC”, ensuring the continuity for market shareholders and partners.

The name change, which is subject to final legal confirmation, will come into force in the coming weeks and the company will advise the date of entry into force closer to the time of change to be effective.

Shareholders do not need to take any action as a result of this change.

Hewie Rattray, chief executive of Vinanz, commented:

“Renaming the company to London BTC Company Limited marks an exciting new chapter on our journey and better reflects who we are and what we do.