Moon Inc. Secures OTCQX Listing
Moon Inc., a publicly traded company on the Hong Kong Stock Exchange (HKEX: 1723), has successfully secured a listing on the OTCQX Best Market. This strategic move is aimed at expanding its footprint and making its shares more accessible to both retail and institutional investors in the United States.
Capitalizing on Market Trends
With this new listing, the Hong Kong-based firm is poised to capitalize on a growing interest in Bitcoin and other consumer products, aligning with its broader goals of international growth.
Enhancing the Bitcoin Ecosystem
The OTCQX listing is not just about access; it serves as a critical element in Moon Inc.’s effort to bolster the Bitcoin ecosystem, especially within Hong Kong and across Asia. The company is keen on expanding its market reach, with ambitious plans that include establishing licenses and forming partnerships in countries like Thailand and South Korea.
Proactive Market Engagement
Moon Inc. is also preparing to provide updates on its user engagement metrics for Bitcoin loading points, signifying a proactive approach to monitoring its market performance.
Noteworthy Achievements
In a noteworthy achievement prior to this listing, Moon Inc. raised $8.8 million, marking it as the pioneering Hong Kong company to introduce prepaid cards on a global scale.
As part of its growth strategy, Moon Inc. is gearing up to roll out services in various Asian markets, focusing on integrating Bitcoin functionalities within its existing prepaid card distribution channels, thereby facilitating cash-based Bitcoin transactions.