IBC Group to shift its corporate headquarters to Toronto
In a move prompted by Toronto’s rapidly growing status as a tech hub, the IBC Group has announced that it will be shifting its corporate headquarters to the Canadian city.
More than 140 languages are spoken in Toronto, making it the most multicultural city in the world, as well as being a hub for innovation and cutting-edge tech, such as Blockchain. The Toronto Stock Exchange recently listed the world’s first Bitcoin ETF, and iMining Blockchain and Cryptocurrency (iMIN), which is set to acquire the IBC Group-backed CanETH subject to final approval by TSXV, emerged as the best performing stock on the TSX Venture Exchange, on its first day of public trading.
Khurram Shroff, Chairman of the IBC Group, points to these strengths as the drivers behind the company’s decision to move its corporate headquarters to Toronto. “We believe this move best positions us for growth, as well as providing our personnel with more flexibility about where and how they work”, Khurram elaborated.
Despite the decision to move its corporate headquarters to Toronto, the IBC Group will retain its presence in Dubai. “We will continue to support major hubs for the IBC Group around the world, including those in Dubai, Kiev, London, Lisbon, and Nairobi among others. We also expect to add other locations over time” Khurram confirmed.