Mining Firm Ebang to Launch Crypto Exchange in Q1
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Chinese maker of ASIC mining devices Ebang plans to start public testing of its crypto exchange. The official launch of the platform is scheduled for the first quarter of 2021.

According to the press release, the company is currently testing its internal platform. Dong Hu, chairman and CEO of the company, said:

"The completion of the internal testing of our cryptocurrency exchange is another step forward in expanding our blockchain financial services business."

The company's plans to expand its business through the launch of a cryptocurrency exchange and mining farms were announced on the eve of the company's IPO in June 2020.

Ebang registered a subsidiary in Singapore in August as it prepares for the launch of its crypto exchange.

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