Chinese bitcoin mining equipment manufacturer is reportedly seeking public listing U.S., clandestinely filled an application for an IPO and hoping to raise $200 million.

This information was reported by financial-centric news outlet operated by Reuters who cited people with knowledge about the matter.

As it stands Canaan has not commented on the matter and has not returned request for more information on its major purported US public listing.

Back in January rumors were already circulating in mainstream business media that Canaan was planning to launch an IPO this year and were already in the early stages of doing so.

Canaan is the manufacturer of popular Avalon mining equipment which has previously been seeking public listing in Hong Kong hoping to raise around $1 billion but abandoned the plan for undisclosed reasons.

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Posted from

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: http://cryptowarrior.tech/regulations/canaan-files-ipo-in-u-s/

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