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Crypto fintech company Antalpha's U.S. stock price surged 70% on its first day of listing, triggering a circuit breaker
05-15 00:25

Odaily News According to GlobeNewswire, Antalpha Platform Holding Company announced today that its initial public offering (IPO) was priced at $12.80 per common share, with a total of 3,850,000 common shares issued. The company's common stock has been approved for listing on the Nasdaq Global Market and is expected to begin trading on May 14, 2025, with the stock code "ANTA". The offering is expected to be completed on May 15, 2025, subject to customary delivery conditions. It is reported that Antalpha is a crypto fintech company that focuses on providing liquidity and risk management solutions for institutional Bitcoin miners. As Bitmain's main lending partner, Antalpha provides supply chain lending and margin lending services through its Antalpha Prime technology platform, enabling customers to initiate and manage digital asset loans while monitoring collateral positions through near-real-time data. According to market data, as of press time, the share price of Antalpha (ANTA) has risen to $22.2, with an increase of 73.59% during the trading day, triggering a circuit breaker during the trading session.

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