Shares of cryptocurrency miner Phoenix Group (PHX) rose 35% to AED 2.03 ($0.55) on the Abu Dhabi Stock Exchange (ADX) on its first day of trading, Golden Finance reported. Previously, in November, the UAE-based company said its initial public offering (IPO) was oversubscribed by 33 times.
Phoenix Group provides mining services through managed services and cloud-based services through which customers can rent computing power. The company also operates a cryptocurrency exchange called M2, powered by its ETH-based native token, MMX.
Esta página pode conter conteúdo de terceiros, que é fornecido apenas para fins informativos (não para representações/garantias) e não deve ser considerada como um endosso de suas opiniões pela Gate nem como aconselhamento financeiro ou profissional. Consulte a Isenção de responsabilidade para obter detalhes.
Shares of cryptocurrency miner Phoenix Group (PHX) rose 35% to AED 2.03 ($0.55) on the Abu Dhabi Stock Exchange (ADX) on its first day of trading, Golden Finance reported. Previously, in November, the UAE-based company said its initial public offering (IPO) was oversubscribed by 33 times.
Phoenix Group provides mining services through managed services and cloud-based services through which customers can rent computing power. The company also operates a cryptocurrency exchange called M2, powered by its ETH-based native token, MMX.