The Singapore blockchain technology company GrowHub plans to raise $15 million in an IPO on Nasdaq.

Golden Finance reports that the Singapore blockchain technology company THE GROWHUB LIMITED (GrowHub) has announced its plans to launch an initial public offering (IPO) on NASDAQ, with a total issuance of 3,750,000 shares of Class A common stock, priced at $4.00 per share for a total fundraising of $15 million. This IPO is set to log in to the NASDAQ Stock Market on August 28 local time, with the stock code “TGHL”. It is reported that the blockchain technology platform built by the company is primarily used to verify the authenticity and traceability of products in the supply chain.

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