The Chinese block reward miner manufacturer is preparing for an imminent initial public offering (IPO) that could see the firm debut on the Nasdaq over the coming weeks, according to reports.
Patrick Thompson lists a few major developments and trends he believes the digital currency and blockchain industry will see unfold in 2021.
The rumors are true. Coinbase has recently confirmed that they have filed to become a publicly traded company in the United States.
Digital currency-friendly stock trading platform Robinhood Markets Inc. has reportedly hired Goldman Sachs to lead its upcoming IPO.
Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa Econômica Federal.
Ebang has announced an interest in acquiring a New Zealand financial company and to set up a digital asset financial services company.
Robinhood is now valued at $11.7 billion and has been reported to be planning an initial public offering this year.
Ebang went public on a United States stock exchange at a time when U.S. sentiment around Chinese companies is at an all-time low.
Like Canaan, which raised $90 million in its 2019 public listing, Ebang feels the U.S. market offers them the best chance for expansion.
Canaan has filed an S-8, a form the U.S. SEC requires companies to file if they are looking to issue equity to their employees.
Nasdaq will be making it more difficult for foreign companies, including blockchain firms, to list on its exchange.