Cryptocurrency Push Sends Startup to Biggest Gain Since 2015 IPO

(Bloomberg) — Canadian online lender Mogo Finance Technology Inc. rose the most in eight months after moving a step closer to giving customers the ability to hold bitcoin and other cryptocurrencies in digital wallets.

Mogo shares rose as much as 35 percent, the most since the company’s initial public offering in June 2015, and closed at C$5.15, up 31 percent. The move gives the company a market value of C$94.4 million ($73.6 million).

The Vancouver-based firm said Monday it added dedicated blockchain capabilities to accelerate plans to integrate and other cryptocurrencies into its digital account. Mogo also said it hired Wayne Chen as senior product manager to lead development of the blockchain initiatives…

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