Chapmans Ltd. will not move forward with plans to further invest in blockchain platform Securrency Inc. after the latter failed to proceed with plans to list on the TSX Ventures Exchange.
The Australian company said June 4 that it would no longer move forward with its plan to invest US$3 million in three independent tranches after Securrency did not proceed with its plans to list to Chapman's satisfaction.
Chapmans had made an initial investment of US$1 million in Securrency.
