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Greengage & Co Group PLC on Monday said it intends to float on the Access segment of the Aquis Stock Exchange, alongside an accompanying fundraise. Greengage is a financial technology company with offices in London and Abu Dhabi, which provides other companies with products and services across traditional and digital currencies. The company’s aim with the IPO is to expand its existing business-to-business financial platform. Currently, Greengage said it has over 40 active clients and a pipeline of over 60 prospective accounts. With 20 IPOs recorded on London’s AIM and AQSE markets this year so far, and fewer on the Main Market, Greengage’s plan to float comes amid a relatively quiet year for new listings in London. It also intends to carry out an accompanying fundraise, which it said is primarily to buy bitcoin and establish a bitcoin yield reverse strategy. Greengage said the reverse strategy is designed to generate incremental income for the firm and exhibit a ‘novel financial service’ that it hopes it could offer to other companies in the future ‘Greengage aims to fill the gap left by traditional lenders that cannot service businesses with cryptocurrency exposure, with our institutional-grade B2B platform offering access to payment services accounts, e-money accounts and crypto-backed lending,’ Chief Executive Sean Kiernan said. ‘We aim to build on this proven model with our bitcoin yield reserve strategy, which is differentiated from established passive bitcoin treasury holding strategies by pairing our treasury with diversified high-yield and risk-managed private credit strategies. We are extremely excited by the scalability of this model and believe that it will be attractive to a growing number of corporates with passive bitcoin allocations needing yield generation.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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