Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to offer approximately 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares, seeking to list its Class A shares on Nasdaq under the ticker symbol “BGIN.” Founded in 2019, Bgin specializes in cryptocurrency mining equipment, focusing on alternative cryptocurrencies such as Kaspa, Alephium, and Radiant. The firm reported $392 million in revenue for the 12 months ending June 30, 2024.

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