BTQ Technologies Makes Public Markets Debut on the NEO Exchange
Company seeks to secure digital networks with post-quantum technologies
Toronto | February 21, 2023 – NEO is pleased to announce that BTQ Technologies Corp. (“BTQ”), a technology company that researches, develops and builds post-quantum infrastructure to safeguard mission critical networks, has made its debut on the public markets today. BTQ is now listed on the NEO Exchange and is available for trading under the symbol BTQ.
On a mission to commercialize near-term quantum technologies, BTQ’s global team researches and develops post-quantum software and computer chips to safeguard critical networks from attack and uses advanced cryptography to increase confidence and security.
“BTQ was established by an elite team of cryptographers stemming from leading research institutions globally to address the urgent threat quantum computers pose to digital networks,” explained Olivier Roussy-Newton, CEO of BTQ. “By going public, our company addresses a clear gap in the public markets and offers investors exposure to two of the most important catalysts in the world that are affecting institutions and individuals alike: the increased threat of quantum computers and the emergence of new post-quantum primitives. As a company closing in on an inflection point for commercialization, the NEO Exchange, with its global reach, was a logical choice when it came to choosing a listing venue and we look forward to working alongside the exchange during our next phase of growth.”
With today’s launch, BTQ becomes the 58th corporate listing on the NEO Exchange, further cementing NEO’s dominance in the purpose-driven innovation economy. Investors can trade shares of BTQ through their usual investment channels, including discount brokerage platforms and full-service dealers.
“With the advent and evolution of new technologies comes risk. BTQ is poised to mitigate such risk by building vital infrastructure addressing security threats and uncertainty across mission critical networks,” remarked Jos Schmitt, CEO of NEO, and SVP of Global Listings for Cboe Global Markets. “We are proud to welcome another like-minded trailblazer and future-forward organization to the NEO Exchange, proving once again that NEO is the place to be for companies fueling the innovation economy.”
The NEO Exchange is home to over 250 unique listings, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO consistently facilitates between 10% and 15% of all volume traded in Canadian-listed companies, and close to 20% of all volume traded in Canadian ETFs. Click here for a complete view of all NEO-listed securities.
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BTQ was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.