PUTEAUX: The Blockchain Group (ISIN: FR0011053636, ticker: ALTBG), listed on Euronext Growth Paris, announced Wednesday that it is in the final stages of its listing application on the US OTCID market, a segment of OTC Markets Group.
The listing, expected to be finalized within two to four weeks pending regulatory procedures and internal OTCID approvals, marks a strategic move to broaden the company’s global footprint and enhance access for U.S. investors. The process will not involve the issuance of new shares or fundraising. Instead, market makers will acquire existing shares on Euronext and facilitate trading in the U.S. through a dedicated ticker denominated in U.S. dollars.
“This listing reflects our commitment to expanding our global presence and accelerating our Bitcoin Treasury Company strategy,” said Alexandre Laizet, Deputy CEO and Director of Bitcoin Strategy. “We aim to increase the number of bitcoin per share on a fully diluted basis over time by improving liquidity and accessibility for international investors.”
The OTCID market serves as a gateway for international companies seeking transparent engagement with U.S. investors. It requires issuers to meet disclosure standards, including timely financial certifications and up-to-date corporate profiles. The Blockchain Group selected OTCID for its compatibility with Euronext Growth standards and its roster of major European issuers, including Air France KLM and Nestlé.
The company, which specializes in data intelligence, AI, and decentralized technology consulting, will maintain its primary listing on Euronext Growth Paris and continue to meet all regulatory and disclosure obligations there.