Antalpha plans to list on Nasdaq, IPO price is $12.80, plans to raise nearly $50 million

Odaily News Antalpha, a crypto fintech company that focuses on serving Bitcoin mining companies, announced that it will issue 3.85 million shares of common stock at a price of $12.80 per share, with the stock code "ANTA", and will be 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. (GlobeNewswire)