US IPO Week Ahead: IPO Market Cashes In On Crypto As Canaan Leads 5-IPO Week

U.S. IPO Week Ahead: IPO Market Cashes In On Crypto As Canaan Leads 5-IPO Week

Five IPOs and two SPACs plan to raise $634 million in the week ahead. One of the leading makers of cryptocurrency mining equipment, Canaan ( CAN) plans to raise $100 million at a $1.6 billion market cap. It originally filed to raise $400 million (and in 2018 was rumored to be targeting over $1 billion).