IPOs

IPOs

Mercati

Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner.

China-based Semiconductor Manufacturing International Corporation (SMIC) aims to raise fresh capital in a bid to further develop its chip-making technologies. (Credit: Shutterstock)

Finanza

Bitcoin Miner Maker Ebang Files for a $100M US IPO

Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S.

RISK FACTOR: “The significant drop in the Bitcoin price is expected to have a negative effect on the value of our bitcoin mining machine inventory and incentivize us to increase credit sales,” Ebang’s filing warns. (Credit: Shutterstock)

Finanza

INX's $130M IPO to Launch Next Month as Exchange Seeks NY BitLicense

Crypto exchange INX is targeting an April launch date for its $130 million IPO, potentially the industry’s largest registered securities sale ever.

OLD MEETS NEW: INX's security token will run on the Ethereum blockchain, but it's hired a European investment bank to act as lead underwriter.

Finanza

Swiss Company Gets Green Light to Incorporate for a Blockchain IPO

In what's being called a first for Switzerland, a company has been allowed to incorporate for an IPO of tokenized shares on a blockchain.

canadastock/Shutterstock

Finanza

Ripple's Brad Garlinghouse Hints Firm May Seek IPO Within 12 Months

The Ripple CEO said at Davos an initial public offering is seen as the “natural evolution for the company,” perhaps even this year.

Brad Garlinghouse, Ripple CEO, speaks at Davos 2020. (CoinDesk)

Finanza

Swedish Crypto Exchange BTCX Plans IPO in 2020

An IPO offers BTCX the opportunity to help bring transparency to the industry, it's CEO says.

Stockholm image via Shutterstock

Finanza

Chinese Insurance Giant Ping An's Blockchain Arm Reveals Terms for $468M IPO

OneConnect Financial, the blockchain and AI subsidiary of China’s top insurance company Ping An Insurance, has set the terms for its planned NYSE listing.

Credit: Shutterstock

Mercati

Canadian Fund Manager 3iQ Files Prospectus for Bitcoin Fund IPO

3iQ has listed the preliminary prospectus for its bitcoin fund as the next step toward an initial public offering (IPO), likely on the Toronto Stock Exchange.

Toronto Stock Exchange

Mercati

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the banking and blockchain arm of China's largest insurance company, filed a prospectus with the SEC on Wednesday.

Nasdaq

Mercati

Bitmain Seeking US IPO With Confidential SEC Filing: Report

The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S.

Bitmain co-founder Jihan Wu (CoinDesk archives)