Penny Stock Company Behind Bytemine Launches Crypto Fund

[kreslik.news]

The Frankfurt-listed company behind the Bytemine token sale called Stockholm IT Ventures, announced today that it is launching an asset management service focused on cryptocurrencies. The news comes amid an increasingly uncertain crypto market and right after the market cap of all digital currencies dropped below $200 billion.

After getting listed in 2014 for about €3 per share, the firm is now trading at close to €0.02 per share. The stock of Stockholm IT Ventures dropped 11 percent in today’s trade on slim volumes. The value of the company has practically been erased from the market since it got listed in ... (read more)