Public listing would make Aurox one of the first US public companies focused solely on software products for the cryptocurrency market
Aurox, the all-in-one cryptocurrency trading platform, announced that it is actively exploring pathways to become a publicly traded company this year. It expects the dramatically heightened visibility from going public would immediately put Aurox’s market-leading crypto terminal on the radar of investors and traders across the globe, as well as considerably lower its cost of capital.
The Company is looking into several options to go public. These include a traditional Initial Public Offering (IPO), a direct listing of its shares, or M&A opportunities with existing public companies, including but not limited to a merger with a Special Purpose Acquisition Company (SPAC). By going public, Aurox will be able to access expanded liquidity opportunities in the capital markets.
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The growing demand for the Company and its services, coupled with the increasing awareness of investing in cryptocurrency companies by traditional financial institutions, makes this an opportune time to pursue growth and public trading of its shares. The Aurox business model anticipates continued growth for existing products amid new opportunities to bring DeFi investing, trading, and usability to the mainstream audience with a simplified user experience that reduces transaction friction by increasing efficiencies.
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“Going public would be a win-win-win: new capital to invest in our platform and grow our community, a new higher level of accountability and transparency unseen in crypto, while also allowing Aurox Nation to participate in our growth and success,” commented Aurox Chief Executive Officer and Co-Founder Giorgi Khazaradze.
The Company’s goal is to be listed on either the Nasdaq or the New York Stock Exchange (NYSE) before the end of the year.
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