Bitcoin mining company Vinanz Limited has received The Depository Trust Company (DTC) full-service eligibility in the United States, making the company’s shares more accessible to U.S. retail and institutional investors.
The shares of the company, trading under the symbol “VINZF” in the United States, are now eligible to be electronically cleared and settled 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 out in the Company’s admission document dated 20 April 2023.
David Lenigas, Vinanz’s Executive Chairman, said:
“Securing DTC Eligibility is very exciting news for the Company and completes our goal of enabling U.S. investors to easily trade in Vinanz’s shares under our OTCQB listing on-line, in real-time and in US dollars with the ticker symbol “VINZF”. Real-time electronic clearing and settlement streamlines investor access in an important market for Vinanz. DTC Eligibility should also see a lot more market making in our shares over the coming weeks to months.”