Odaily Planet Daily News: People familiar with the matter revealed that as the recovery of the cryptocurrency industry accelerates, Genesis Digital Assets (GDA) is considering an initial public offering (IPO) in the United States, and the company is currently working with consultants on potential listing plans. One of the people familiar with the matter said that Genesis Digital Assets plans to launch a pre-IPO round of financing in the coming weeks. People familiar with the matter pointed out that the relevant discussions are still ongoing and the details of the financing plan may change. Genesis Digital Assets can be traced back to one of the earliest cryptocurrency mining companies. Before FTX collapsed, the company had received more than $1 billion in investment from Alameda Research's venture capital department. Genesis Digital Assets has 20 data centers in North America, Europe, Central Asia and South America, with a total power capacity of more than 500 megawatts. According to its website, the company has offices in Houston and Dubai. Genesis Digital Assets was valued at $5.5 billion in a round of financing in April 2022. (Bloomberg)
