MaiCoin Group, which operates Taiwan’s largest cryptocurrency exchange, is considering an initial public offering (IPO) on the NASDAQ within two years, people with knowledge of the matter said.
The company is completing a Series C funding round that could value it at about US$400 million, the people said, asking not to be identified discussing private information.
MaiCoin will use the proceeds to finance expansion into Southeast Asia, one of the people said.
No final decision has been made on pursuing a NASDAQ listing, they said.
Pulling off a first-time share sale in the US would be a rare feat for a Taiwanese company.
In the