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Genesis Digital Assets Considers U.S. IPO and Pre-IPO Financing

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Odaily
365Words
Jul 2, 2024

Genesis Digital Assets (GDA), a cryptocurrency mining company, is considering an IPO in the United States and may seek pre-IPO financing in the coming weeks. The company, which has a history of significant investment from Alameda Research, operates 20 data centers across North America, Europe, Central Asia, and South America with a total capacity of over 500 megawatts. GDA was valued at $5.5 billion in its last funding round in April 2022.

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