Antalpha will be listed on NASDAQ today, with an expected fundraising of approximately $49.3 million

Foresight News reported that financial technology company Antalpha announced that 3.85 million ordinary shares issued at a price of $12.80 per share have been approved for listing and are expected to begin trading on the Nasdaq Global Market on May 14, 2025, with the stock code "ANTA". This IPO is expected to raise approximately $49.3 million, with a maximum of $56.7 million after the over allotment exercise. The proceeds will be used for product development, global expansion, customer financing support, and investments in Bitcoin and digital gold. Antalpha is a fintech company that focuses on providing financing, technology, and risk management solutions for institutions in the digital asset industry. As a major lending partner of Bitmain, Antalpha offers Bitcoin supply chain and margin loans through the Antalpha Prime technology platform.