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Did that explain the rise in the shares of Ebang International Holdings in the late hours?

Ebang International Holdings Inc.(Nasdaq:EBON) stock was up 2.97% to 6.25 in the extended-hours session after the blockchain tech firm in the global market, Ebang International Holdings Inc.(Nasdaq:EBON) announced that it would begin public testing of its cryptocurrency exchange and launch the business in the first quarter of 2021. Currently, the Company has completed the internal testing of its cryptocurrency exchange.

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“The completion of the internal testing of our cryptocurrency exchange is another monumental step forward in the expansion of our blockchain financial services business,” said Dong Hu, Chairman, and CEO of the Company.

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“At the same time, we will identify other business opportunities in the blockchain and cryptocurrency industries, such as the establishment of mining farms and cryptocurrency mining to optimize the structure of our offerings in the blockchain industry’s value chain, he added.”

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