Sirlibz
Ebang, a leading developer of Crypto mining hardware has announced it’s interest in acquiring a new local unit in New Zealand to establish a local Digital Asset Financial Service Platform. The announcement also stated that Ebang International Holdings plan to purchase a 100% share of an unnamed company, Which has offered off this shares as a wholesale and generic financial brokerage and wealth management services through an Expression of interest Tender Letter entered by Ebang.
“We remain steadfast in executing our strategies to launch a comprehensive blockchain-enabled financial business to capture the growth opportunity along the value chain of the blockchain industry. Leveraging our longstanding expertise in the blockchain technology and our recent expansions to Singapore, Canada and New Zealand, we have taken a giant stride toward our goal to build a fully-licensed, Internet-based trading platform that provides professional, convenient and innovative trading services.”- Dong Hu, Chairman and CEO of the Company, stated.
Ebang representatives have also pointed out that the success of the potential deal is dependent on the “negotiation of a definite agreement among the relevant parties”.
There is no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated in time, or at all. Shareholders are cautioned not to place undue reliance on this press release.- the announcement reported.
Ebang International Holdings
Ebang International Holdings Inc, is a top leading Chinese Bitcoin mining Machine/hardware developer in terms of computing power according to an industry report prepared by Frost and Sullivan in 2019. The company designs strong application -specific integrated circuit (ASIC) chip design for the global market use.
Ebang international Holdings became publicly traded on NasDaq in June 2020. The company is also interested in operating a cryptocurrency exchange and mining farm. The Crypto exchange will provide professional, convenient and innovative trading service to all who choose to use the platform.
