FRNT Financial recently showcased its SEM trading platform at the CSTA (Canadian Security Trader Association) annual fair. The in-person event will be helpful for increasing the interest and exposure to Canadian institutions looking to invest in cryptocurrency. The SEM interface offers investors a cash-settled Synthetic Exposure Mechanism (SEM) for cryptocurrency trades and other alternative assets. Products include regulated OTC derivatives in which they have an OSC exemption allowing them to offer OTC derivatives to permitted clients.
https://ca.finance.yahoo.com/news/frnt-financial-inc-showcase-sem-123000434.html
For those who are not too familiar with $FRNT, they're a company aiming to help institutional investors gain exposure to the crypto space. They do this through several channels.
- Deliverable Services: Includes OTC trading through the OTC Desk and treasury management to enhance yields and liquidity.
- OTC Derivatives: Automated interface for trading SEM products and has an OSC exemption to offer OTC derivatives.
- Research and Consulting: Active advisory to companies through research to ensure high levels of due diligence and understanding.
The stock has recently consolidated after a huge IPO week. This consolidation is only natural due to the overall market conditions, though the valuation is starting to get relatively interesting now that it's back at the $1.50 IPO range.