PANews reported on May 14 that according to GlobeNewswire, Antalpha, a crypto financial technology company that focuses on serving Bitcoin mining companies, announced that it would issue 3.85 million common shares at a price of $12.80 per share, with the stock code "ANTA", and was listed on the Nasdaq Global Market today. The IPO is expected to raise approximately $49.3 million, and up to $56.7 million after the over-allotment is exercised. The proceeds will be used for product development, global expansion, customer financing support, and investment in Bitcoin and digital gold.

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