BGIN Blockchain joins in Singapore the underwriting encryption boom, with the aim of raising $ 50 million!

BGIN Blockchain Limited, a Singapore -based manufacturer for Current currency mining Platforms made, presenting a preliminary general show (IPO) in the United States. the presentation It was presented to the US Securities and Stock Exchange Committee (SEC) on February 21, 2025.

Although BGIN did not reveal the exact prices of its offer, Renaissance Capital, the investment consultant investment, has suggested that the February 21 note that the public subscription may raise up to $ 50 million.

BGIN joins public encryption companies

According to the BGIN registration statement, the company was founded in 2019 with a focus on alternative cryptocurrencies. It designs and sells the coding mining platforms specially designed for mining Kaspa (kas)Alevoom (A), and Radiant (RXD).

In the 2022 fiscal year, Bnge reported that almost all its revenues came from the cour curly mining. She also started selling their mining machines in April 2023, which now represents more than 85 % of their revenues. The company plans to use some funds from its general offer to enhance its research and development efforts.

It is interesting to note that the next public subscription from BGIN is part of a larger direction for encryption companies planning the public in the United States. Donald Trump Donald Trump Donald Trump is a former American president, a businessman, and a media personality, who held the position of forty -fifth President of the United States between 2017 to 2021. Trump obtained a Bachelor of Science in Economics from the University of Pennsylvania in 1968. The elections as a candidate for the Republican Party against the Democratic Party candidate Hillary Clinton while losing a popular vote. In his capacity, Trump ordered a travel ban on citizens from many Muslim majority countries, transforming military financing towards building a wall on the border between the United States and Mexico, and implemented the family separation policy. Trump remained a prominent figure in the Republican Party and is considered a potential candidate for the 2024 presidential elections president The elections win, as many expected to support him will give a big boost to the local encryption industry.

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More upcoming subscriptions!

Recently, in the end Oondo topThe CEO of Galaxy Digital Mike Novoghatz expected that many encryption companies could be exposed to the public by May or June, indicating a more suitable environment with SEC. Etoro revealed on February 12 that it had made draft plans to SEC related to a proposed general subscription. Moreover, BITGO, a nursery services for encryption services, is said to have talks about the possible public subscription later this year, although there is no decision yet. Crypto Exchange Gemini is also said to be a public subscription at the earliest of this year.

Moreover, major banks also explore partnerships with encryption companies to bring them Blockchain technology In their operations. The US Congress creates an encoding working group to create policies that help digital assets to grow. This can bring clear rules and encourage more companies to advertise.

The decisive moment of encryption, with more companies aimed at general lists, indicates that digital assets gain major acceptance.

The successful subscription of EXODUS and Coinbase has paved the way, showing the offers coming from Bitgo, Circle and Etoro how Crypto makes its mark in traditional financing. The future of subscription subscriptions for encryption will be formed through clearer regulations, the adoption of increased institutions, and new banking strategies.