Encrypting mining companies are transitioning to become "hash power landlords"! AI infrastructure newcomer Ionic Digital (IOND.US) will make its debut on the Nasdaq next week with a valuation of USD 2 billion.

According to the Zhitong Finance APP, the new tech giant Ionic Digital, specializing in AI and high-performance computing (HPC) digital infrastructure, has successfully entered the public capital market. The company announced that its registration statement has officially taken effect, and it is expected to start trading on the Nasdaq Global Select Market on July 28 under the stock code "IOND". The company's IPO does not involve any new fundraising, as all the shares being offered come from existing shareholders, resulting in a valuation of $2 billion.