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Token Communities begins trading on US OTC market

The company is trading its shares via the Deposit Trust Company, a subsidiary of clearing agency The Depository Trust & Clearing Corporation

Blockchain
Token Communities specialises in advising companies in the blockchain and distributed ledger technologies arena

Token Communities Ltd (OTC:TKCM) shares have begun trading on the over-the-counter (OTC) markets in the US via the Deposit Trust Company (DTC).

The DTC is a subsidiary of The Depository Trust & Clearing Corporation and is a registered clearing agency with the US Securities and Exchange Commission, allowing TKCM access to digital settlement and clearance services.

WATCH: TokenCommunities sees 'the little guys' leading the way in blockchain

The firm also said that to enhance its liquidity and access a “significantly wider” investor base it was also instructing its legal team to apply for registration with DWAC, an acronym for the Deposit/Withdrawal at Custodian which was created by the DTC.

Token Communities is an advisory firm that specialises in advising and incubating companies in the blockchain and distributed ledger technologies arena, including smart contracts and token generation events.

Quick facts: Token Communities Ltd.

Price: 1.51 USD

PINK:TKCM
Market: PINK
Market Cap: $407.7 m
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