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KR1 Plans London Stock Exchange Listing by November 2025
UK-based crypto-staking firm KR1 plans to transfer its listing from the Aquis exchange to the London Stock Exchange (LSE) by November 2025. This move aligns with the UK's regulatory shift towards digital assets.
Key Points
- KR1 will be the "first authentic digital asset company" on the LSE, with a market cap of approximately £56 million ($75 million).
- The UK regulators have become more lenient towards cryptocurrencies, as evidenced by the LSE opening up to crypto and easing stablecoin limits for institutions.
- The Financial Conduct Authority (FCA) has supported tokenization efforts and is working on a comprehensive digital asset framework by 2026.
- Reform UK, led by Nigel Farage, has started receiving crypto donations, indicating growing acceptance of digital assets in the UK.
This strategic move positions KR1 among entities primarily holding top cryptocurrencies like Bitcoin. Co-founder Keld Van Schreven expects more crypto companies to follow suit.