Ebang, a publicly listed company providing mining hardware for cryptocurrencies like Bitcoin
BTC
$22,804
, has officially announced the launch of its own crypto exchange.
According to an announcement on Monday, qualified investors will be soon able to register and trade on Ebang’s cryptocurrency exchange dubbed Ebonex.
Ebang CEO and chairman Dong Hu said: “In recent years, we have made a considerable investment in R&D talent recruiting, as well as product innovation and iteration. The launch of our cryptocurrency exchange business will not only expand the revenue sources from our cryptocurrency business but also optimize the development of our blockchain industry chain.”
Ebonex supports major cryptocurrencies, such as Bitcoin and Ether
ETH
$1,629
, as well as stablecoin Tether
USDT
$1.00
. Other supported coins include Litecoin
LTC
$89.08
, Cardano
ADA
$0.384
, Zcash
ZEC
$48
, Dash, Tezos
XTZ
$1.12
,
EOS
$1.07
and Monero
XMR
$179
.
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The exchange initially launched in an invitation-only beta phase in mid-March.
The announcement did not mention 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 on a United States stock exchange after Chinese crypto mining firm Canaan.