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A certain digital asset exchange applies for IPO, with a loss of $349 million in the first quarter.
[Chain News] On July 19, it was reported that an operator of a digital asset exchange has filed for an IPO (. According to documents submitted by the company to the SEC on Friday, the company is headquartered in the Cayman Islands, with digital asset sales of $80 million in the first quarter and a net loss of approximately $349 million, while sales in the same period last year were roughly the same, with a net profit of $105 million.
Bear Market IPOs, Clearly a Play to Harvest Suckers!