Seeking Alpha
2022-02-01 15:55:38

Crypto trading platform Aurox considers to go public this year - CoinDesk

Cryptocurrency trading platform Aurox planned to get listed as a publicly-traded company later in 2022, Aurox CEO Giorgi Khazaradze told CoinDesk. While no final decisions have yet been made, the company is exploring a variety of ways to go public, including a special purpose acquisition company or through a reverse merger, Khazaradze added. Moreover, “we’re hoping to be public by 2022. We’ve already gone through multiple steps with our attorneys." Founded in 2017, Aurox places orders and matches them across exchanges, and has generated some 60K users to date on a self-funded basis, Khazaradze noted. “One of the issues is that since we self-funded everything, we’re competing against companies that are raising $20 million at the drop of a hat,” Khazaradze told CoinDesk. “But we don’t want to go that route.” Some digital asset exchanges/platforms that have already gone public include: Voyager Digital (OTCQX:VYGVF +6.2%), Coinbase Global (COIN +2.6%), Bakkt (BKKT +3.9%),

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