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Company Adds the Word ‘Blockchain’ to Its Name. Shares Jump 425% In One Day.



A company added the word “blockchain” to its name and saw shares surge 394 percent. British company On-line had its best day on record Friday after it announced plans to change its name to On-line Blockchain. The shares pared gains after the company published a follow-up release cautioning investors that the development of its blockchain product is still at an early stage.
 
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