Antalpha Set to List on Nasdaq, Aiming for $12 IPO Price

Antalpha is preparing for a landmark move by targeting a listing on the Nasdaq Stock Exchange under the ticker symbol ‘ANTA’. The company plans to offer approximately 3.85 million shares at an expected price range of $11-$13 per share, aiming to raise up to $50 million before over-allotments. This IPO is expected to significantly impact the Bitcoin supply chain lending industry. Antalpha, a major financial partner for Bitmain in the realm of digital asset lending, hopes this listing will bolster confidence in crypto financial markets and enhance liquidity within supply chains.