Longfin Corp goes crypto and the stock goes up 20x
Another stock makes an unbelievable move
The crypto craze is everywhere.
Today, shares of Longfin Corp, a FinTech company that launched last week via IPO, have risen to $129 from $22.01 at Friday's close. They also more than quadrupled on Friday.
The catalyst for the gains was today's acquisition of Ziddu.com, which touts itself as "a blockchain empowered system that offers microfinancing" and uses a smart-contract called a Ziddu Coin.
Shares have been halted 5 times today on circuit breakers.