Crypto’s turbulent 2022 is showing no signs of stopping. The London Stock Exchange-listed cryptocurrency firm Argo Blockchain warned that it’s at risk of ceasing operations due to a lack of financing. (Reporting via coindanslecoin)
The London Stock Exchange-listed cryptocurrency firm Argo Blockchain has warned that it’s at risk of ceasing operations due to a lack of financing.to explore new financing opportunities after failing to raise major capital from a strategic investor, according to an announcement on Oct. 31.
While Argo is exploring other financing options, there can be no assurance that it will sign any definitive agreements or consummate any deals. The firm will continue to work to reach sufficient capital for at least the next 12 months from the day of the announcement, Argo noted.
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