encryptionMining equipment manufacturer Bgin Blockchain has filed for an IPO in the United States, with an expected fundraising of 50 million dollars

ChainCatcher news, according to Cointelegraph, CryptocurrencyMining device manufacturer Bgin Blockchain Limited, based in Singapore, has applied for listing in the United States, expecting to raise $50 million. Bgin’s filing with the US SEC on February 21 stated that it will issue approximately 59.54 million shares of Class A common stock and 15.69 million shares of Class B common stock. Its registration statement also indicates that it has applied to list its Class A stock on Nasdaq under the ticker symbol “BGIN”. Bgin’s filing did not disclose its offering price, but investment advisory firm Renaissance Capital stated in a report on February 21 that Bgin’s initial public offering (IPO) could raise up to $50 million.