BGIN Blockchain, a manufacturer of cryptocurrency mining machines, has officially listed on the Nasdaq Global Market under the ticker BGIN. The company opened trading on October 21st at $6 per share, matching its initial public offering (IPO) price. Through the IPO, BGIN issued 5 million Class A common shares, raising approximately $30 million. The funds will be used for constructing mining farms, developing new cryptocurrency mining chips, and other corporate initiatives. BGIN's ICERIVER brand is known for designing and manufacturing innovative cryptocurrency mining equipment, catering to both beginners and large-scale industrial miners. The IPO was underwritten by D. Boral Capital LLC, which holds a 45-day option to purchase an additional 15% of the shares. Initially, BGIN had aimed to raise $50 million through its IPO in the United States.