Canaan Creative Files for $400 Million IPO in the US

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Melpomene - Canaan Creative Files for $400 Million IPO in the US

Over the past few years, a whole new ecosystem has emerged due to the staggering growth enjoyed by Bitcoin, and one of the more well-known constituents of that ecosystem is Bitcoin miner maker Canaan Creative. In a new development, it has emerged that Canaan has decided to go public in the United States.

Listing on Nasdaq

The company wants to be listed on NASDAQ, and according to the documents filed by Canaan, it wants to raise $400 million from the listing. Bitcoin mining is the backbone on which the entire cryptocurrency market is dependent, and Canaan …

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