The former biotechnological company Riot Blockchain submitted the public application to Securities and Exchange Commission (SEC) about opening a crypto and futures trading platform in the USA.
According to the document, the company plans “to investigate the launch of exchange of digital currencies and broker transactions of futures”. For this purpose Riot Blockchain has got the future broker from Miami of Logical Brokerage Corp registered in the Commission on trade in commodity futures (CFTC), and the member of branch trade group in National futures association (NFA).
Riot Blockchain became known as one of the first companies which has at the end of last year replaced the name, having added to it the word “blockchain”. Against the background of this news the stock price of Riot Blockchain has grown on a maximum from $4,5 to $38,6.
At the end of February investors submitted three collective claims against Riot Blockchain. They accused firm of “violation of laws on securities, price manipulation on an action and also providing the false and misleading information”.