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This means that you just only pay when your placed trades ‘make’ liquidity out there
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Canaan and Ebang filed plans in Might and June respectively
for floats in Hong Kong, while Bitmain is expected to file its plans next month for an IPO wherein it goals to lift at least $3 billion, sources near the deal
said. Ebang is aiming to raise up to $1 billion, based on sources, while Canaan is concentrating on no less
than $four hundred million - down from a figure of up to $2
billion touted earlier this 12 months by people concerned in the deal.
Individuals near the IPOs stated regulatory scrutiny and a patchy performance by Hong Kong offerings this year have been additional issues.
That has raised concerns concerning the upcoming Hong Kong listings by three Chinese
manufacturers of bitcoin mining gear, Bitmain, Canaan Inc and Ebang
International Holdings. Whereas EBang is predicted to face Hong Kong's itemizing
committee in September - a key approval wanted for advertising the IPO - Canaan's providing is taking
longer. A supply near Bitmain'S IPO mentioned the company was aware in regards to the potential for shut
regulatory scrutiny.
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