"This would allow Wise's shares to trade on both a US stock exchange and the LSE," Wise said Thursday.

Wise, which will maintain a secondary listing in London, had been exploring its listing options lately - a move seen across the London markets due to stunted growth opportunities…

Fresh blow to London market struggling to compete with Wall Street

Wise's listing shift underscores years of pain. "U.K. stock market continues to take a succession of blows to the head," one expert said.

"This would allow Wise's shares to trade on both a US stock exchange and the LSE," Wise said Thursday.

Wise’s decision to switch its allegiance from Britain to the US is sign of a much deeper malaise