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Canadian Regulator Green-Lights Bitcoin Fund IPO

The Bitcoin Fund’s initial public offering (IPO) filing has been accepted by Canada’s Ontario Securities Commission. Despite previously rejecting it, the Canadian regulator finally accepted the fund’s IPO prospectus after a public hearing and a favorable ruling, the news.bitcoin.com reported. The Bitcoin Fund IPO Crypto-focused Canadian investment fund manager 3IQ Corp. announced on Thursday that […]

Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US

Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States.  On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise $400 million, while planning to be listed on the Nasdaq under the ticker CAN. Canaan reportedly filed a $200 million […]

Crypto Mining Giant Bitmain’s IPO Application Has Officially Expired

Cryptocurrency mining equipment maker Bitmain’s application for an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX) has officially lapsed, meaning no such transaction is happening anytime soon, the CoinDesk reported on March, 26. According to an update on the HKEX’s website, Bitmain’s case has been moved to a group of “inactive” applications and is […]

Bitcoin Miner Maker Canaan Considering New York IPO: Report

China-based Canaan, one of the biggest manufacturers of bitcoin mining chips and devices, is reportedly considering an initial public offering (IPO) in the U.S., the CoinDesk reported on January 8. A Bloomberg report on Tuesday, citing people with “knowledge of the matter,” said that Canaan’s IPO could be launched in the first half of this year in […]

Miner Maker Ebang Reports ‘Significant’ Profit Drop in New IPO Filing

Crypto mining equipment maker Ebang has refiled its draft IPO prospectus with the Hong Kong Stock Exchange (HKEX), stating it has seen “significant decreases” in revenue and gross profit in Q3 2018, the CoinDesk reported. According to the HKEX filing database, Ebang submitted the new draft application on Dec. 20 with disclosures of its financial information […]

Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source

As the CoinDesk reported, the Hong Kong Stock Exchange (HKEX) is reluctant to approve the initial public offering (IPO) applications of Chinese bitcoin mining equipment manufacturers, according to a person involved in the talks. Following the 2017 cryptocurrency market boom, mining giants Canaan Creative, Ebang and Bitmain applied in May, June and September of this year, respectively, to sell shares […]