SAN FRANCISCO, Jan. 9 (Reuters) - Eastman Kodak's shares jumped by more than 40 percent on Wall Street on Tuesday, as the former world number one photographer turned to the bitcoin adventure.
The Rochester company has announced that it is launching a cryptocurrency called "KODAKCoin" for photographers, which is part of "KODAKOne", an image rights management platform launched in partnership with WENN Digital. uses blockchain technology.
The stock gained 40.3% to 4.35 dollars around 18:45 GMT.
Kodak, which has struggled to redefine itself as an imaging technology company, was included in the Dow Jones index until April 2004. Its share has fallen by 90% since it was sold. filing for bankruptcy in 2013.
Several other companies have seen their action blaze recently after moving to cryptocurrency.