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