SectorComputer equipment
Established Date06/02/2018
Listing Date21/11/2019
ExchangeNASDAQ Stock Exchange
Full-time Employees399
Fiscal Year Ends31/12
Security TypeDepository Receipts (Ordinary Shares)
Office address28 Ayer Rajah Crescent #06-08, S139959, Singapore
BusinessDesigns ASIC chips for Bitcoin mining and edge computing.
IntroductionCanaan Inc. was established on February 6, 2018 under the laws of the Cayman Islands. The company is primarily focused on providing crypto mining solutions through their proprietary ASICs. They are one of the few fabless IC design companies with advanced technology to independently design ASICs, established access to leading foundry capacity, and proven in-house capabilities to produce Bitcoin mining machines. They mainly use their technology and expertise in ASIC applications for Bitcoin mining machines and are the leading producers of Bitcoin mining machines in the global market. In addition, with its technical expertise and expertise in ASIC chip design, its operating subsidiary has delivered edge computing chips based on RISC-V architecture for smart digital devices.
