A blockchain-powered initial public offering platform is scheduled to list its first company in June, according to the CoinTelegraph.
SprinkleXchange is supported by Ethereum blockchain, which allows users to trade listed companies and cryptocurrencies 24 hours a day.
The IPO platform is encouraging companies with a market cap between $20 million and $200 million to consider a listing.
Currently, the blockchain-powered platform is permissioned to list a maximum of 10 companies; however, SprinkleXchange hopes to list up to 1,000 over the next three to four years.