Blockchain penny stocks are up today, but one is trading higher than the rest. Many investors take advantage of penny stocks for the high risk-reward and investors of this stock should be thrilled today.
Let’s take a closer look at two blockchain penny stocks trading in the green today and their latest company movements.
Global Blockchain Technologies Corp (TSXV:BLOC)
Global Blockchain Technologies Corp is located in Vancouver, British Columbia. It’s an investment company that provides investors access to a basket of holdings within the blockchain space.
On Tuesday, Global Blockchain announced that it had made two major developments in its exchange division of the company. First, the Laser Network’s whitelist was made public on Tuesday. The company is expecting the launch of its crowdsale for Laser on September 3rd.
Second, Hyperion Crypto Exchange Inc invested into the Deleware Board of Trade. This enables the company to leverage the board’s SEC-registered alternative trading system to trade tokenized securities. Global Blockchain currently owns 12.82% of Hyperion’s total outstanding and issued share capital.
“Having been part of the blockchain ecosystem since the very beginning, it is amazing to see how in less than ten years we have gone from just Bitcoin, to more than 1,800 cryptocurrencies and countless possible uses for blockchain technology, aside from just coins and tokens,” said BLOC’s chairman, Steven Nerayoff.
According to Yahoo Finance, BLOC is currently trading at $0.18 CAD a coin, up +$0.01 CAD (+2.86%).
Blockchain Mining Ltd (OTC:BITFY)
Blockchain Mining Ltd is owned and operated by Backbone Hosting Solution Inc. Blockchain mining Ltd is a blockchain farm that powers the global decentralized financial economy. The company was founded back in 2017 and is currently based in Vaudreuil-Dorion, Quebec.
Currently, the stock is seeing massive gains on the market, but the reason is unknown at this time. The last news from the company is dated back to July 26th.
According to Yahoo Finance, BITFY is soaring on the market today, currently selling at $5.00 USD a share, up +$1.89 (+60.77%).
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