Tuesday, 30 June, 2026
Out of the Ashes: Ionic Digital Targets $2 Billion Nasdaq Debut
By TechShots Studio
Ionic Digital, a digital infrastructure firm born from the bankruptcy of crypto lender Celsius, has filed for a Nasdaq direct listing under the ticker "IOND." The move follows a fresh $400 million funding round valuing the company at $2 billion. Operating a massive Texas facility leased for AI workloads alongside its residual Bitcoin mining, Ionic will not raise new capital, allowing existing shareholders to sell directly to the public.
Read full story at REUTERS