IPO News

Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.

The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange.

Chandra Duggirala, Portal’s executive chairman, explained that the tokenization of traditional assets sparks the merging of the Bitcoin ecosystem with mainstream finance.

2022 is shaping up to be the year for Web3. KuCoin, Framework Ventures and CoinDCX have all made a splash in this emerging paradigm.

Recently launched BCAM will provide an institutional-grade custody and settlement platform for digital assets.

The Aura FAT SPAC was listed on Nasdaq and ended its IPO with $115 million in funds after finishing an over-allotment round.

Exodus reported nearly $96 million in revenues for the fiscal year of 2021, which is a 350% increase year-over-year.

Despite the price of BTC, the Bitcoin network is the strongest it’s ever been, according to industry experts.

The initial public offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State.

After months of speculation, the popular social media site Reddit has finally announced that it is filing for an initial public offering.

CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August.

The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture.

After initiating the BitGo acquisition in May, Galaxy Digital expects to close the deal in the first three months of 2022.

In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation.

The firm uses a sustainable energy source by converting waste coal into power to mine Bitcoin.