Old Glory Bank, Crypto-Friendly Firm, Plans Nasdaq Listing via SPAC
Old Glory Bank, a “digital-first“ bank established in 2022 with a focus on cryptocurrency, intends to list on the Nasdaq stock exchange. The development is contingent upon securing the necessary approvals from both shareholders and regulatory bodies. The bank aims to provide services to the digital asset industry, and going public could provide capital and visibility. SPAC deals have become a common method for crypto companies to enter public markets, though regulatory scrutiny remains a factor.
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