Ebang, a publicly traded company that provides mining hardware for cryptocurrencies such as Bitcoin (BTC), has officially announced the launch of its own crypto exchange.
According to a Announcement On Monday, qualified investors will soon be able to register and trade on Ebang’s cryptocurrency exchange called Ebonex.
Dong Hu, CEO and Chairman of Ebang, said: “In recent years we have invested significantly in recruiting R&D talent, as well as in product innovation and iteration. The launch of our cryptocurrency exchange business will not only expand the revenue streams of our cryptocurrency business, but also optimize the development of our blockchain industry chain. ”
Ebonex supports major cryptocurrencies such as Bitcoin and Ether (ETH), as well as stablecoin Tether (USDTOther supported coins include Litecoin (LTC), Cardano (ADA), Zcash (ZEC), Dash (DASH), Tezos (XTZ EOS and Monero (XMR
The exchange at first launched in mid-March in a beta phase available by invitation only.
The announcement did not specify which jurisdictions are eligible to trade on Ebang’s new crypto exchange. Ebang did not immediately respond to Cointelegraph’s request for comment.
As previously reported by Cointelegraph, Ebang was listed on the Nasdaq Global Market under the ticker EBON in June 2020, becoming the second Bitcoin miner manufacturer to go public in the United States, after Chinese crypto mining company Canaan.