HANGZHOU, China, April 05, 2021 (GLOBE NEWSWIRE) — Ebang Worldwide Holdings Inc. (Nasdaq: EBON, the “Firm,” “we” or “our”), a blockchain expertise firm within the international market, at present introduced the official launch of its cryptocurrency alternate. Certified traders will have the ability to register and commerce by visiting the official web site at www.ebonex.io.
Mr. Dong Hu, Chairman and CEO of the Firm, commented, “The official launch of our cryptocurrency alternate is the results of our persevering with funding in analysis and improvement. In recent times we now have made a substantial funding in R&D expertise recruiting, in addition to product innovation and iteration. The launch of our cryptocurrency alternate enterprise is not going to solely broaden the income sources from our cryptocurrency enterprise, but in addition optimize the event of our blockchain trade chain.”
There isn’t any assure that the Firm’s operation of its cryptocurrency alternate will enhance the Firm’s monetary efficiency or outcomes of operations. Shareholders are cautioned to not place undue reliance on this press launch, or the forward-looking statements contained herein.
About Ebang Worldwide Holdings Inc.
Ebang Worldwide Holdings Inc. is a blockchain expertise firm with sturdy application-specific built-in circuit (ASIC) chip design functionality. With years of trade expertise and experience in ASIC chip design, it has turn out to be a number one bitcoin mining machine producer within the international market with regular entry to wafer foundry capability. With its licensed or registered entities in varied jurisdictions, the Firm seeks to launch knowledgeable, handy and revolutionary digital asset monetary service platform to broaden into the upstream and the downstream of blockchain and cryptocurrency trade worth chain. For extra info, please go to https://ir.ebang.com.cn/.
Secure Harbor Assertion
This press launch accommodates forward-looking statements inside the that means of Part 21E of the Securities Change Act of 1934, as amended, and as outlined within the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-looking statements embrace, with out limitation, the Firm’s improvement plans and enterprise outlook, which may be recognized by terminology corresponding to “could,” “will,” “expects,” “anticipates,” “goals,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “proceed,” “more likely to” and different related expressions. Such statements aren’t historic details, and are based mostly upon the Firm’s present beliefs, plans and expectations, and the present market and working situations. Ahead-looking statements contain inherent recognized or unknown dangers, uncertainties and different components, all of that are tough to foretell and lots of of that are past the Firm’s management, which can trigger the Firm’s precise outcomes, efficiency and achievements to vary materially from these contained in any forward-looking assertion. Additional info concerning these and different dangers, uncertainties or components is included within the Firm’s filings with the U.S. Securities and Change Fee. These forward-looking statements are made solely as of the date indicated, and the Firm undertakes no obligation to replace or revise the data contained in any forward-looking statements because of new info, future occasions or in any other case, besides as required underneath relevant legislation.
Investor Relations Contact
For investor and media inquiries, please contact:
Ebang Worldwide Holdings Inc.
Ascent Investor Relations LLC
Ms. Tina Xiao
Tel: (917) 609-0333