HANGZHOU, China, Dec. 31, 2020 (GLOBE NEWSWIRE) — Ebang Worldwide Holdings Inc. (Nasdaq: EBON, the “Firm,” “we” or “our”), a blockchain know-how firm within the world market, at the moment introduced that the Firm expects to begin public testing of its cryptocurrency trade and formally launch the trade within the first quarter of 2021. At present, the Firm has accomplished the inner testing of its cryptocurrency trade.
Mr. Dong Hu, Chairman and CEO of the Firm, commented, “The completion of the inner testing of our cryptocurrency trade is one other step ahead in increasing our blockchain monetary companies enterprise. In the meantime, we may also discover different enterprise alternatives within the blockchain and cryptocurrency trade resembling establishing mining farms and cryptocurrency mining to optimize the construction of our choices within the blockchain trade worth chain.”
About Ebang Worldwide Holdings Inc.
Ebang Worldwide Holdings Inc. is a blockchain know-how firm with robust application-specific built-in circuit (ASIC) chip design functionality. With years of trade expertise and experience in ASIC chip design, it has develop into a number one bitcoin mining machine producer within the world market with regular entry to wafer foundry capability. With its licensed or registered entities in varied jurisdictions, the Firm seeks to launch knowledgeable, handy and progressive digital asset monetary service platform to increase into the upstream and the downstream of blockchain and cryptocurrency trade worth chain. For extra info, please go to https://ir.ebang.com.cn/.
Secure Harbor Assertion
This press launch incorporates forward-looking statements inside the that means of Part 21E of the Securities Change Act of 1934, as amended, and as outlined within the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements embrace, with out limitation, the Firm’s improvement plans and enterprise outlook, which may be recognized by terminology resembling “might,” “will,” “expects,” “anticipates,” “goals,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “proceed,” “prone to” and different comparable expressions. Such statements are usually not historic information, and are primarily based upon the Firm’s present beliefs, plans and expectations, and the present market and working circumstances. Ahead-looking statements contain inherent recognized or unknown dangers, uncertainties and different components, all of that are tough to foretell and lots of of that are past the Firm’s management, which can trigger the Firm’s precise outcomes, efficiency and achievements to vary materially from these contained in any forward-looking assertion. Additional info concerning these and different dangers, uncertainties or components is included within the Firm’s filings with the U.S. Securities and Change Fee. These forward-looking statements are made solely as of the date indicated, and the Firm undertakes no obligation to replace or revise the data contained in any forward-looking statements on account of new info, future occasions or in any other case, besides as required beneath relevant regulation.
Investor Relations Contact
For investor and media inquiries, please contact:
Ebang Worldwide Holdings Inc.
Ascent Investor Relations LLC
Ms. Tina Xiao
Tel: (917) 609-0333