Antalpha to be listed on Nasdaq, IPO priced at $12.80 aiming to raise nearly $50 million
According to GlobeNewswire, the crypto fintech company Antalpha, which focuses on serving Bitcoin mining enterprises, announced the pricing of its initial public offering at $12.80 per share, issuing 3.85 million shares of common stock under the ticker symbol "ANTA", and began trading today on the Nasdaq Global Market. The IPO is expected to raise approximately $49.3 million, with a maximum of $56.7 million if the over-allotment option is exercised. The proceeds will be used for product development, global expansion, customer financing support, and investment in Bitcoin and digital gold, among other purposes.
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