Cryptocurrencies
Bitfury Considers Europe’s First Major Crypto IPO
- Firm may seek value of $3 billion to $5 billion in a listing
- Bitfury is exploring IPO in Amsterdam, London or Hong Kong
Valery Vavilov, co-founder and chief executive officer of Bitfury Group Ltd.
Photographer: Vincent Mundy/BloombergThis article is for subscribers only.
Cryptocurrency-mining startup Bitfury is weighing strategic options including an initial public offering in what could be Europe’s first major listing in the industry, according to people familiar with the matter.
Bitfury has reached out to global investment banks as it explores making its trading debut in Amsterdam, London or Hong Kong as early as next year, the people said, asking not to be identified as the details aren’t public.