Wu Shuo learned that digital infrastructure and Bitcoin mining company Ionic Digital announced that its Form S-1 registration statement has been declared effective by the U.S. SEC, and is expected to begin trading on July 28 on the Nasdaq Global Select Market under the ticker IOND. This is a direct listing; the company will not issue new shares and will not receive proceeds from existing shareholders’ share sales. Ionic Digital took over related Bitcoin mining assets through Celsius’ bankruptcy restructuring, and previously issued shares to Celsius creditors. The company completed a private placement totaling $400 million in June.