Chinese crypto mining chip designer Nano Labs files for $50m US IPO

Chinese crypto mining chip designer Nano Labs files for $50m US IPO

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

Nano Labs, a Chinese cryptocurrency mining chip designer, has filed to raise $50 million in an initial public offering (IPO) in the US as it evolves into a metaverse company.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter