WhiteFiber Secures $159.4M IPO on Nasdaq, Signaling Continued Growth in Cloud Services

WhiteFiber’s successful debut on the NASDAQ exchange marks a significant step for the company, securing $159.4 million through an initial public offering (IPO). Shares soared 47% before settling down slightly at the close. This success reflects investor confidence despite a focus on traditional tech and cloud services rather than cryptocurrencies or blockchain technology.