Media: Argo Blockchain-linked crypto fund to hold IPO

The asset-investing firm Pluto Digital Assets, focused on investments in digital assets, is preparing to issue shares on the UK’s Alternative Investment Market (Aquis) by the end of May 2021. The Block reported.

The information was provided to the publication by Peter Wall, CEO of the mining company Argo Blockchain and head of Pluto Digital Assets.

The firm was incorporated in January this year. In March, the team closed a $40 million financing round, which was led by Argo Blockchain. The latter owns 25% of the crypto fund.

“Pluto will go to the exchange to bridge the gap between active development of the DeFi sector and the lack of opportunities for UK market participants to invest in it,” Wall said.

In April, NFT Investments attracted £35m, the Argo Blockchain founders-associated company investing in non-fungible tokens.

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