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Cryptocurrency miner Canaan eyes IPO; bets on China's push for chip industry

Updated : April 07, 2018 08:22 AM IST

Canaan is developing its own AI chips and planning to launch equipment to mine other cryptocurrencies such as litecoin
Canaan is considering an IPO in Hong Kong or the United States, co-chairman Jianping Kong said in an interview
While cryptocurrency trading has come under scrutiny in China, an underground ecosystem of peer-to-peer platforms has sprung up to allow bitcoin trading to thrive
Cryptocurrency miner Canaan eyes IPO; bets on China's push for chip industry
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