Cryptocurrencies
EF Hutton Is Talking About Cryptocurrencies. Will Anyone Listen?
- Fintech firm revives historic brand to launch $60 million deal
- Company also plans crypto exchange and token research
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Hardly anyone’s listened to EF Hutton since the 1980s. An over-the-counter fintech company thinks a foray into cryptocurrencies will change that.
HUTN Inc., parent of EF Hutton Inc., plans to raise $60 million from issuing cryptocurrencies, the firm said in a press release dated Sept. 10 but sent to reporters Thursday. There are no white papers describing the “use cases” for the tokens yet, but Hutton intends to release those “this autumn.”