- Hyper Bit Technologies Ltd. (OTC: HYPAF) began trading on the OTC Markets in the U.S. effective May 9, 2025.
- The company has received DTC eligibility, streamlining electronic clearing and settlement of its securities in the U.S.
- These developments aim to enhance trading accessibility, reduce transaction costs, and expand its investor base.
Hyper Bit Technologies Ltd. (CSE: HYPE, OTC: HYPAF, FSE: N7S0) has reported two significant milestones to enhance its trading presence. As of May 9, 2025, the company's common shares have commenced trading on the OTC Markets under the ticker "HYPAF". This expansion allows U.S. investors easier access to the company's shares while maintaining its listings on the Canadian Securities Exchange (CSE: HYPE) and the Frankfurt Stock Exchange (FSE: N7S0).
Furthermore, Hyper Bit has achieved DTC eligibility through The Depository Trust Company. This status facilitates the electronic clearing and settlement of its securities, making transactions faster and more cost-effective. DTC eligibility is pivotal for expanding the company’s reach among a broader range of brokerage firms, thus enhancing accessibility for U.S. investors.
Cole Goodwin, COO of Hyper Bit, remarked on the strategic importance of the OTC listing, stating that it is a "major step in growing our investor base." The enhanced settlement process provided by DTC eligibility is expected to accelerate trading efficiency, thereby supporting the company's growth strategy within the digital asset ecosystem.
Hyper Bit Technologies Ltd. focuses on the development and strategic deployment of crypto mining operations and blockchain innovations. The company is committed to unlocking value across the crypto ecosystem amidst growing institutional and retail adoption.
