Reported 16 days ago
Taiwanese fintech company OwlTing has been approved for a direct listing on Nasdaq, set to begin trading under the ticker OWLS on October 16. This strategic move allows the firm to avoid share dilution while demonstrating confidence in its valuation and expansion goals within the blockchain payment sector. Founded by Darren Wang, OwlTing focuses on solving payment challenges globally, with its flagship product, OwlPay, facilitating transactions in stablecoins and fiat currency. Despite reporting a net loss, the listing is expected to attract investor interest in blockchain-driven financial solutions.
Source: YAHOO