Cannabis culture media organization High Times Holding Corp. will accept cryptocurrencies in its Initial Public Offering (IPO), High Times reports Aug. 2. In doing so, it will reportedly be the “first traditional stock offering ever to accept investments” in cryptocurrencies. The “preeminent source for cannabis information since 1974” will accept Bitcoin (BTC) and Ethereum (ETH) in an effort to cast a wider net in attracting investors to the company. High Times CEO Adam Levin said: “While we didn’t believe that the ICO [Initial Coin Offering] process was the right move for our brand, it would’ve been foolish to leave this …

Jihan Wu, the co-CEO of crypto mining hardware giant Bitmain, is reportedly planning to conduct an overseas initial private offering (IPO), Fortune’s crypto-focused section The Ledger reports July 30. Bloomberg had reported in June that Wu was “open” to holding an IPO in a market with U.S. dollar denominated shares — like Hong Kong — as it would allow early backers to cash in funds. Fortune writes today that their daily newsletter “Term Sheet” acquired an email from an unnamed source close to Bitmain detailing the firm’s recent financials before the IPO, which will be filed for “very soon” in …

SIX Group, the parent company of Switzerland’s principal stock exchange, has revealed that it is “open” to the possibility of offering cryptocurrency trading services on its digital trading platform. The platform, still in development, is set to launch by mid-2019, SIX Group’s spokesman told the Swissinfo news outlet in an interview July 15. Swiss Infrastructure and Exchange (SIX) Group operates the country’s largest stock market, and is planning to launch a “fully-regulated” platform for digital asset trading by mid-2019. The service is set to offer a “complete” range of services from, including initial coin offering (ICO) consulting for those ICOs …

R3, a blockchain software enterprise that leads a consortium of more than 200 members, is considering launching an initial public offering (IPO), Bloomberg reported July 13. A source familiar with the issue told Bloomberg that the firm is negotiating an IPO with advisers, while potential buyers have already expressed interest in the sale. The final decision as well as the plan, which is up to R3’s founder and CEO David Rutter and investors, reportedly have not yet been made. The company said in a statement: “We’re not surprised about the speculation given the success of Corda, but an IPO is …

One of the largest Bitcoin (BTC) mining companies globally, Bitmain, is now valued at $12 billion following a Series B round of funding, Chinese news outlet Caixin reports July 6. According to Caixin, Bitmain raised between $300 million to $400 million from Sequoia Capital subsidiary Sequoia China, U.S. hedge fund Coatue, and Singapore-based governmental investment fund EDBI. In September 2017, Beijing-based Bitmain received $50 million in a Series A funding round from Sequoia Capital and IDG Capital. In early June, the company’s CEO Jihan Wu said he is “open” to plans to conduct an initial public offering (IPO) in Hong …

Blackmoon, a company based in Cyprus, has offered the world’s fourth-largest smartphone producer Xiaomi to tokenize its initial public offering (IPO), news outlet South China Morning Post reported July 2. Blackmoon, which is a blockchain fintech company that establishes and runs tokenized funds, has reportedly offered Xiaomi to sell digitized tokens for its stock on a dollar-for-dollar basis. The payment options could include Ethereum (ETH), Bitcoin (BTC) or Litecoin (LTC). Blackmoon will ostensibly apply the income to subscribe to Xiaomi’s $4.7 billion IPO in Hong Kong, which will commence July 9 on the Hong Kong stock exchange. Last week upon …

Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25. The application confirms a Reuters report in May that the Zhejiang-based firm was working with advisers on a Hong Kong float, potentially seeking to raise as much as a staggering $1 billion to fund growth. Today’s filing does not give details on how much Ebang is seeking to raise for its IPO, nor does it give a precise valuation for the firm. However, the filing does include …

The CEO of crypto mining hardware giant Bitmain, Jihan Wu, has confirmed he is “open” to conducting an overseas initial public offering (IPO), Bloomberg reports today, June 7. Speaking in an interview in Hong Kong, Wu, who claims to own up to 28 percent of China-headquartered Bitmain, said an IPO in the region – or any market which U.S. dollar-denominated shares – would be suitable as a means of allowing early backers to cash in funds. The potential move would mimic Canaan, one of the company’s main competitors, which announced its intention to launch an IPO last month. Canaan occupies …