Initial Public Offerings

Bitmain Files for U.S. IPO Backed by Deutsche Bank

  • In order to increase its chances of a U.S. listing, the company hired a former Nasdaq representative.
  • Although it is not known how much the firm is looking to raise through the offering, previous reports place that number around $400 million.

MERJ is the First National Stock Exchange to Launch a Tokenized IPO

  • The sale of the tokenized shares will begin today, 10 September, at 09:00 U.K. time.
  • The exchange is trying to raise $4 million through this sell, and will be issuing 1,652,893 new shares, with a price of $2.42 per share.

In advance of Bitmain’s U.S. IPO, Financial Results Get Revealed

  • Reliable sources give very specific information on Bitmain’s financial situation.
  • A huge order for 7nm wafers from TSMC should result in a huge revenue boost.

Mining Giant Canaan Confidentially Files for IPO

  • IFRAsia reports that "people with knowledge of the matter" have claimed that the company is looking to raise around $200 million through the public offering.
  • This is the second time Canaan has applied for an IPO, after its first attempt in Hong Kong failed.

Binance Updates its IEO Participation Rules

  • The BNB holding requirements in order to receive the maximum number of tickets have dropped to 250 BNB per user.
  • Ticket counts have also been increase in order to minimise the risk of big BNB holders receiving no winning lottery tickets.

Bitmain Renews IPO Plans, Targets The USA for Take Two

  • Bitmain Technologies is bringing back their idea for an Initial Public Offering.
  • After the expiration of the Hong Kong IPO application, a U.S. listing will be chosen for the company's second attempt .

Ethereum-Based IPO Platform Plans to List First Company in June

  • SprinkleXchange, an initial public offering platform built on Ethereum, is getting ready to list its first company in June, Bloomberg reported.
  • According to the report, the Bahrain-based platform uses the Ethereum blockchain for settlement and clearing, and will allow its users to trade listed companies 24 hours a day.

Bitmain Announces New CEO, Shares Updated IPO Plans

  • The financial struggles of Chinese mining chip manufacturer Bitmain have been known to the public ever since the beginning of the cryptocurrency bear market.
  • In a series of announcements, the Chinese giant made sure that positive news coverage will dominate this round of media coverage