The European listed company The Blockchain Group is close to completing the listing process on the US OTCID, expected to be completed within 2 to 4 weeks

ChainCatcher news, according to The Blockchain Group, the company is in the final stages of the listing process for the US OTCID market. As the first Bitcoin treasury company in Europe, the Blockchain Group expects the listing process to be completed within 2 to 4 weeks, depending on regulatory procedures and the internal decision-making process of OTCID.

This listing does not involve the issuance of new shares or fundraising. After the listing, market makers will purchase the company's existing shares on the Euronext exchange and provide trading in the US market through a dedicated stock code priced in US dollars.

Previously, on July 7, The Blockchain Group increased its holdings by 116 Bitcoins, bringing the total holdings to 1,904 Bitcoins.