Mode IPO 2020
London Stock Exchange acquired Mode on October 5, 2020.
- Target
- Mode
- Acquirer
- London Stock Exchange
- Announced
- October 5, 2020
- Sub-sector
- Crypto / Digital Assets
Transaction overview
- London Stock Exchange announced the acquisition of Mode on October 5, 2020.
- The deal is expected to close pending customary conditions.
Strategic rationale
Mode listed on LSE main market as a publicly listed fintech with consumer-focused digital asset offering, enabling Bitcoin trading and interest-bearing accounts.
Deal terms & multiples
Frequently asked questions
When did London Stock Exchange announce the acquisition of Mode?
London Stock Exchange announced the acquisition of Mode on October 5, 2020.
What sub-sector is Mode in?
Mode is tracked in the Crypto / Digital Assets sub-sector.
Sources
- cityam.com /bitcoin-banking-app-mode-lists-on-lses-main-market/