XTM, Inc. (“XTM” or the “Company”), a Toronto-based fintech company providing mobile banking and payment card solutions around the world is pleased to announce the listing of its common shares for trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under the symbol “7XT”
The Frankfurt Stock Exchange is the world’s third largest organized exchange-trading market in terms of turnover and dealings in securities. Only the NASDAQ and the New York Stock Exchanges are larger. With over 3,000 international companies listed on the Frankfurt Exchange and investors directly connected to the Frankfurt Stock Exchange represent 35% of the world’s investment capital.
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The Company’s shares will now be cross-listed on the Canadian Securities Exchange (“CSE”) and the Frankfurt Stock Exchange. XTM anticipates the Frankfurt listing will help increase trading liquidity and facilitate investment in the Company by institutional and retail investors across Europe.
“We are very pleased to have XTM shares listed on the Frankfurt Stock Exchange” commented Marilyn Schaffer, CEO. “This will provide XTM access to a large number of new potential investors that will help to expand our shareholder base and increase liquidity.”
