Nano Labs Secures $500 Million in Post-IPO Financing on June 24, 2025
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According to media reports, Nano Labs secured $500 million in post-IPO financing on June 24, 2025. Following this round, the company’s cumulative total funding has reached $520 million.Nano Labs, listed on the US stock market under the ticker symbol NA, is a cryptocurrency mining chip design firm. Its wholly owned subsidiary, Zhejiang Haowei Technology Co., Ltd., headquartered in Hangzhou, focuses on providing infrastructure for the metaverse. Key business areas include the development of high-throughput storage chips, high-performance computing chips, and distributed computing solutions.Notably, public information indicates that Nano Labs was highly active in the first half of 2025. On June 23, 2025, the company announced plans to apply for licenses to operate Hong Kong dollar and offshore renminbi stablecoin businesses. In early July, Nano Labs invested approximately $50 million to purchase BNB, subsequently increasing its BNB holdings to 128,000 tokens by the end of July, raising its digital asset reserves to $160 million. This series of actions underscores the company’s proactive expansion in the digital asset sector and its efforts to strengthen its influence in the cryptocurrency market.This substantial financing round will further enhance Nano Labs’ competitiveness in chip design and digital assets, and is expected to accelerate its progress in building metaverse infrastructure.
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BNB fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| Post-IPO | fundraising-$M | -- | 2025-06-23 | -- |
fundraising-key-milestones
- 2025-08-16Nano Labs Releases Financial Results for the First Half
- 2025-07-28Nano Labs has raised its BNB holdings to 128,000.
- 2025-07-03Publicly listed company Nano Labs has acquired BNB valued at approximately $50 million, raising its digital asset reserves to $160 million.
- 2025-06-23Listed company Nano Labs plans to apply for a Hong Kong Dollar and Offshore RMB Stablecoin Business License in Hong Kong.
- 2021-09-08Nano Labs raised $20 million in a funding round.
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