TORONTO and MELBOURNE, Australia, March 1, 2021 /CNW/ - BANXA (TSX-V: BNXA) (FSE: AC00) ("BANXA" or "Company") a Payment Service Provider (PSP) focused on providing clients safe, compliant access to the digital assets market, is pleased to announce it has begun trading today on the Frankfurt Stock Exchange under the following codes:
FSE Symbol: AC00
Founder & Chairman Domenic Carosa stated "Dual listing onto the Frankfurt Stock Exchange will help expand our reach into the European investor community who are seeking exposure to the growing digital asset ecosystem"
The Frankfurt Stock Exchange ranks third globally in terms of volume of trading behind the New York Stock Exchange and the Nasdaq Stock Market and will provide Banxa wider access to European and other international investors. The Frankfurt Stock Exchange is another exciting component of Banxa's public market strategy and will make it easier for Europeans to invest.
The Frankfurt Stock Exchange accounts for over 90 per cent of the volume of all German stock exchanges and represents a large share of the European market. The Frankfurt Stock Exchange has more than 250 international trading institutions and more than 4,500 traders. Investors directly connected to the Frankfurt Stock Exchange represent 35 percent of the world's investment capital.
ON BEHALF OF THE BOARD OF DIRECTORS
Per: "DOMENIC CAROSA"
BANXA HOLDINGS INC. (TSX-V:BNXA/FSE:AC00) is a Payment Service Provider (PSP) with a mission is to build the bridge between traditional financial systems, regulation and the digital asset space. Our goal is to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency. (IE.,USD/CAD to BTC/ETH) Banxa has offices in Australia and the Netherlands. For further information go to www.banxa.com "
This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. BANXA's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of BANXA's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties of the Company's business, including: BANXA's assumptions in making forward-looking statements may prove to be incorrect; adverse market conditions, including risks related to COVID-19 and risks that future results may vary from historical results. Except as required by securities law, BANXA does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For Further Information, see www.banxa.com
SOURCE Banxa Holding Inc