Antalpha Debuts on Nasdaq with $49.3 Million IPO

According to Odaily, Antalpha, a crypto fintech company focused on serving Bitcoin mining enterprises, has announced its initial public offering (IPO) on the Nasdaq Global Market under the ticker symbol 'ANTA'. The company has priced its 3.85 million shares at $12.80 each. The IPO is expected to raise approximately $49.3 million, with the potential to reach up to $56.7 million if the over-allotment option is exercised. The funds raised will be allocated towards product development, global expansion, customer financing support, and investments in Bitcoin and digital gold.