HANGZHOU, China, December 31, 2020 (GLOBE NEWSWIRE) – Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a blockchain technology company in the global market, announced today hui that the company plans to begin public testing of its cryptocurrency exchange and officially launch the exchange in the first quarter of 2021. Currently, the company has completed internal testing of its cryptocurrency exchange.
Mr. Dong Hu, Chairman and CEO of the Company, said, “Completing internal testing of our cryptocurrency exchange is another step forward in expanding our blockchain financial services business. At the same time, we will also explore other business opportunities in the blockchain and cryptocurrency industry, such as establishing mining farms and mining cryptocurrency to optimize the structure of our offerings in the chain. value of the blockchain industry.
About Ebang International Holdings Inc.
Ebang International Holdings Inc. is a blockchain technology company with strong application specific integrated circuit (ASIC) chip design capability. With years of industry experience and expertise in ASIC chip design, it has grown into one of the leading producers of bitcoin mining machines in the global market with constant access to foundry capacity of platelets. With its licensed or registered entities in various jurisdictions, the Company seeks to launch a professional, practical and innovative digital asset financial services platform to grow upstream and downstream of the blockchain industry value chain and of cryptocurrency. For more information, please visit https://ir.ebang.com.cn/.
Safe Harbor Declaration
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the US Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to , the Company’s development plans and business prospects, which can be identified by terminology such as “may”, “will”, “foresees”, “foresees”, “aims”, “potential”, “future” , “Intends”, “plans,” “believes”, “estimates”, “continues”, “probable” and other similar expressions. These statements are not historical facts and are based on the current beliefs, plans and expectations of the company, as well as on current market and operating conditions. Forward-looking statements involve risks, uncertainties and other inherent known or unknown factors, all of which are difficult to predict and many of which are beyond the control of the company, which may cause results, performance and the actual achievements of the company differ significantly from those contained. in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the documents filed by the Company with the US Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the company does not undertake to update or revise the information contained in the forward-looking statements as a result of new information, future events or otherwise, except if required under the application. law.
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Ebang International Holdings Inc.
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Ms. Tina Xiao
Phone: (917) 609-0333
Email: [email protected]