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President Ferdinand R. Marcos Jr. on Tuesday hailed the historic listing of Mynt, Inc., the company behind GCash, on the Philippine Stock Exchange (PSE), saying the milestone reflects strong investor confidence in Filipino innovation and opens opportunities for broader participation in the country's economic growth.
Speaking at Mynt's initial public offering (IPO) listing ceremony at the PSE Tower in Bonifacio Global City, Taguig, President Marcos congratulated the homegrown financial technology company for demonstrating the Philippines' capability to develop world-class innovations.
"This is a significant achievement, demonstrating that world-class innovation can be built and scaled here in the Philippines," the President said.
Mynt's debut on the PSE Main Board under the stock symbol GCASH, with an offering that could raise up to P60.9 billion, marks a major milestone for the country's financial technology industry and capital market.