According to the Bloomberg report, the Hangzhou, China-based company raised $90 million in its US IPO. Canaan had initially filed for $400 million IPO, but the company lost its lead underwriter Credit Suisse Group AG before the deal was launched. Later the company updated its IPO filing and set the target of $100 million. Canaan: […]The post Bitmain rival Canaan raises $90 million in US IPO appeared first on Coinnounce.