- Markets Insider
- Longfin is a small import-export financier that was little known before buying Ziddu, a blockchain company specializing in business-to-business warehouse payments.
- Longfin shares skyrocketed 2,400% in a matter of days after buying Ziddu.
- Shares were up more than 500% on Monday before crashing off their highs. Longfin still trades up 240% on Monday.
- Longfin is the most recent example in a long-running list of companies that explode after pivoting to cryptocurrencies or announcing a new focus on blockchain technology.
Subscribe to our Crypto Insider newsletter for the best of the blockchain every day.