Another day, another exclusive ground-breaking news story for the Stellar network. SatoshiPay – one of the first major projects to build on Stellar – has announced their plans for an IPO on the London Stock Exchange’s AIM, a market for growth companies.
By listing on the AIM, SatoshiPay will have access to a very liquid high-growth market, as well as institutional investors. If listed, they will be one of the first blockchain businesses to do so in London. Utilising the Stellar protocol allows them to facilitate digital micropayments for online content, providing a login-free, one-click nanopayment ecosystem, all the while taking advantage of Stellar’s incredibly quick settlement times and almost negligible fees.
Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 31.4% holding in SatoshiPay.