Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, is expanding its dual listing offer to Canadian issuers. The offering was discussed in an blog noting that retail investors outside the United States and Canada traditionally do not have the capability to purchase TSX, TSX.V, CSE or NEO-listed securities without going through a cumbersome process but that Upstream had changed that by offering dual-listing capability to TSX, TSX.V, CSE or NEO, NASDAQ, NYSE and over-the-counter (“OTC”) market issuers. According to the blog, Canadian issuers are being offered a preferred dual listing rate that is valid until Dec. 31, 2023, and that enable those issuers to reach a global, digital-first investor base.
“The Canadian stock market has historically been a significant and stable market catering to larger, well-established companies as well as smaller, emerging companies,” the blog stated. “Canada has also been known to be more accepting and open to new technologies like smart-contract technology. In June 2023, the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU) published a comprehensive report recognizing blockchain as an emerging industry with significant economic opportunities and showcasing Canada’s potential to become a leader in this pursuit.
We recognize the importance of aligning values for sustainable growth and transparency. Upstream, equipped with smart-contract technology, features transparent order books, real-time quotes, trades and settlements. Designed to eliminate market manipulations, Upstream presents a fresh environment for fostering fair and equitable trading. Given these attributes, it only makes sense for Upstream to extend an invitation to the Canadian market.”
To view the full blog, visit https://ibn.fm/Ox6jc
About Upstream
Upstream, a MERJ exchange market, is a fully regulated global stock exchange. Powered by Horizon Fintex’s proprietary matching-engine technology, the exchange enables investors to trade shares in dual-listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. and international equities, and celebrity ventures directly from the app. For more information about the company, visit www.Upstream.Exchange.
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