Ionic Digital to List on Nasdaq on July 28 Under Ticker IOND

According to BlockBeats, on July 21, Ionic Digital announced that its shares will begin trading on Nasdaq Global Select Market on July 28 under the ticker symbol IOND, after the U.S. Securities and Exchange Commission formally declared its registration statement effective.

Ionic is pursuing a direct listing rather than a traditional IPO, meaning the company will not issue new shares or receive proceeds from the transaction. Instead, existing registered shareholders will be able to sell their holdings on the public market. Prior to the listing, Ionic has raised approximately $400 million to support data center construction and transition its business from bitcoin mining to broader digital infrastructure services.