Canadian CI Financial: Completes $72MM Bitcoin Fund IPO

Bloomberg | Kevin Orland | Dec 16, 2020 Canadian mutual fund manager CI Financial Corp. completed a $72 million initial public offering of a Bitcoin fund to help clients access the cryptocurrency in the midst of an eye-catching rally. The IPO consisted of units sold at C$12.88 ($10) apiece, CI Financial said in a statement

The post Canadian CI Financial: Completes MM Bitcoin Fund IPO first appeared on National Crowdfunding & Fintech Association of Canada.