Believe the Hype! Blockchain Integration Sends Shares Soaring… Again

IT.com

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Canadian startup Mogo has joined UK-based On-Line PLC in seeing its share price rocket from Blockchain integration.

The online lender saw its biggest rise since it launched an initial public offering (IPO) two years ago on hints cryptocurrency functionality could soon come to user wallets.
From a low of CAD$3.93 ($3.06) Oct. 26, Mogo took off to a high of CAD$5.15 ($4.01) in two days following the announcement.

"Canadians, especially tech-savvy millennials, want a safe, trusted and easy way to own and ultimately use Bitcoin and other cryptocurrencies," president and CFO Greg Feller said in a press release about the integration Monday.

“...We believe Mogo is uniquely positioned to offer consumers the ability to own and use cryptocurrencies in a simple, transparent and trusted way."

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