Genius Group, an education company with a Bitcoin treasury, has announced its intention to pursue a secondary stock exchange listing in Asia.
Company's Plans for Secondary Listing
Genius Group, which has been listed on the NYSE since April 2022, has announced plans for another listing aimed at increasing liquidity and enabling 24-hour trading. The leading location for this move is South Korea.
Reasons for Choosing South Korea
CEO Roger James Hamilton mentioned that the company has received interest from Asia-based investors looking to access its shares through regional stock exchanges. South Korea stands out for its dynamic retail investor culture and strong capital markets focused on blockchain technology.
Bitcoin-Centric Strategy
The company has also increased its Bitcoin treasury goals, targeting 10,000 BTC. By combining its US listing with an Asian listing, Genius Group aims to connect capital investments across different regions while strengthening its brand in countries with a high adoption of blockchain.
Genius Group continues to develop its plans for expansion into Asian markets, considering South Korea as the primary candidate for its secondary stock listing.