Galaxy Digital Serves as Joint Bookrunner on Canaan’s IPO

Galaxy Digital Holdings Ltd. (TSXV: GLXY) (“Galaxy Digital” or the “Company”) announced that Galaxy Digital Advisors LLC served as joint bookrunner on Canaan Inc.’s initial public offering of 10,000,000 American depositary shares (“ADSs”), each representing 15 Class A ordinary shares, at a public offering price of $9.00 per share. Canaan’s ADSs trade under the trading symbol “CAN” on the NASDAQ Global Market.

Galaxy Digital Holdings Ltd. (TSXV: GLXY) (“Galaxy Digital” or the “Company”) announced that Galaxy Digital Advisors LLC served as joint bookrunner on Canaan Inc.’s initial public offering of 10,000,000 American depositary shares (“ADSs”), each representing 15 Class A ordinary shares, at a public offering price of $9.00 per share.  Canaan’s ADSs trade under the trading symbol “CAN” on the NASDAQ Global Market. 

“Advising Canaan on its debut on the NASDAQ is another example of our growing capital markets franchise in blockchain and digital assets, and demonstrates the value that our expertise can bring to companies in the space as they engage with investors in traditional markets,” said Ian Taylor, Head of Advisory Services at Galaxy Digital. “We are dedicated to continuing to improve investor understanding of this sector, and to supporting our clients in achieving their financing and strategic objectives.”