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Taiwanese Crypto Exchange MaiCoin Considering Nasdaq IPO, Sources Say

  • MaiCoin is completing funding valuing it at about $400 million
  • Forecasts over 70% annual revenue growth through 2025
The MaiCoin website.

The MaiCoin website.

MaiCoin Group, which operates Taiwan’s largest cryptocurrency exchange, is considering going public on the Nasdaq stock market within two years, people with knowledge of the matter said. 

The company is completing a Series C funding round that could value it at about $400 million, the people said, asking not to be identified discussing private information. MaiCoin will use the proceeds to finance expansion into Southeast Asia, according to one of the people. No final decision has been made on pursuing a Nasdaq listing.