​​ Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO A | ICO Republic_en

​​ Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, people familiar with the situation said.

According to one source, the company’s main shareholders are discussing a plan to list its shares on the newly created Science and Technology (Sci-Tech) Innovation Board within the Shanghai Stock Exchange.

The source added the plan is still under discussion and has not been finalized. But the news comes weeks after the Nasdaq-like trading board debuted in China to meet demand from local technology startups, and just months after Canaan’s application to go public on the Hong Kong Stock Exchange lapsed.