GRIID Infrastructure's Public Debut on Cboe Canada: Market Milestone

03 Jan, 2024

Cboe Canada Inc., formerly known as the NEO Exchange, proudly welcomes GRIID Infrastructure Inc. (“GRIID”) to the public markets as it makes its debut today, now listed and trading under the ticker symbol GRDI.

GRIID, a forward-thinking low-carbon bitcoin mining company, leads the charge in revolutionizing the bitcoin mining space. By shifting demand away from traditional, high-emission fossil fuels, GRIID supports the transition to renewable energy. The company actively procures low-cost, carbon-free energy to build, manage, and operate a growing portfolio of bitcoin mining facilities, currently operating four self-mining enterprise facilities in the U.S.

Erik Sloane, Chief Revenue Officer of Cboe Canada, emphasizes their pride in supporting GRIID as an environmentally and socially conscious industry leader. Cboe Canada offers enhanced liquidity, visibility, and investor reach to empower purpose-driven innovation in the industry.

Investors can seamlessly trade GRDI shares through various channels, including discount brokerages and full-service dealers. The listing on Cboe Canada signifies a significant milestone for GRIID, according to Trey Kelly, Founder, Chairman, and CEO, who expresses excitement about seizing the opportunities ahead and focusing on expanding capacity and hash rate.

Cboe Canada, home to approximately 250 unique listings, plays a vital role in facilitating over 15% of all volume traded in Canadian-listed companies and more than 20% of all volume traded in Canadian ETFs, showcasing its significance in the financial landscape.

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