Chia Network 更新 SEC 文件，力求在證券交易所上市

Chia Network 以其時空證明共識機製而聞名，已於 2024 年 3 月向美國 SEC 秘密提交了修訂後的 S-1 表格，表達了其首次公開募股 (IPO) 的願望。儘管該公司於 2023 年首次提交了 IPO 申請，但由於市場狀況和裁員而推遲了投標。由執行長 Gene Hoffman 領導的 Chia 管理層對 IPO 時機仍持樂觀態度，並將繼續關注市場狀況。

Chia Network Files Amended S-1 Form, Aspires for Stock Exchange Listing

Chia Network 提交修改後的 S-1 表格，渴望在證券交易所上市

Manhattan, New York - Chia Network, a blockchain network employing a unique Proof-of-Space-and-Time (PoST) consensus mechanism, has filed an amended S-1 form with the United States Securities and Exchange Commission (SEC). The filing, submitted confidentially in late March 2024, signals the company's ongoing pursuit of an Initial Public Offering (IPO) on a major stock exchange.

紐約曼哈頓 - Chia Network 是一個採用獨特的時空證明 (PoST) 共識機制的區塊鏈網絡，已向美國證券交易委員會 (SEC) 提交了修訂後的 S-1 表格。該文件於 2024 年 3 月下旬秘密提交，標誌著該公司正在尋求在主要證券交易所進行首次公開發行 (IPO)。

Chia Network CEO Gene Hoffman disclosed the filing during a conference hosted by law firm Brown Rudnick in Manhattan. The company had initially filed for an IPO with the SEC in the first quarter of 2023 but subsequently withdrew the bid due to financial challenges stemming from the collapse of Credit Suisse, its underwriter. Additionally, Chia Network laid off 26 of its 70 employees during the height of the cryptocurrency bear market.

Chia Network 執行長 Gene Hoffman 在曼哈頓 Brown Rudnick 律師事務所主辦的一次會議上披露了該文件。該公司最初於 2023 年第一季向美國證券交易委員會 (SEC) 申請首次公開發行 (IPO)，但隨後由於其承銷商瑞士信貸 (Credit Suisse) 倒閉帶來的財務挑戰而撤回了投標。此外，在加密貨幣熊市最嚴重的時期，Chia Network 解雇了 70 名員工中的 26 名。

Despite these setbacks, Hoffman expressed confidence in the company's prospects. He indicated that Chia Network will continue to monitor market conditions to determine the optimal time for an IPO. However, the company may face regulatory hurdles as the SEC has expressed its intention to classify many altcoins as securities under existing laws.

儘管遇到這些挫折，霍夫曼仍對公司的前景表示信心。他表示，Chia Network將繼續監測市場狀況，以確定IPO的最佳時機。然而，該公司可能面臨監管障礙，因為美國證券交易委員會已表示打算根據現行法律將許多山寨幣歸類為證券。

Chia Project and Market Overview

Chia專案及市場概況

The Chia project team has consistently emphasized that it has never sold any XCH tokens to fund its operations. The company has received substantial backing from prominent Web3 investors, including Andreessen Horowitz, Richmond Global Ventures, Naval Ravikant, Slow Ventures, and Galaxy Digital.

Chia專案團隊一直強調，從未出售任何XCH代幣來為其營運提供資金。該公司獲得了著名 Web3 投資者的大力支持，包括 Andreessen Horowitz、Richmond Global Ventures、Naval Ravikant、Slow Ventures 和 Galaxy Digital。

In May 2021, Chia Network raised $61 million through a Series D funding round led by the aforementioned venture capitalists. The Chia project had previously conducted seed and venture funding rounds in 2018 and 2020, respectively.

2021 年 5 月，Chia Network 透過上述創投家領投的 D 輪融資籌集了 6,100 萬美元。 Chia 計畫先前曾分別於 2018 年和 2020 年進行了種子輪和風險投資。

Presently, the XCH token has experienced a 20% decline in value over the past week, trading at approximately $30.36. As of Friday, the altcoin has a fully diluted valuation (FDV) of $948 million and a daily trading volume of $23.4 million.

目前，XCH 代幣的價值在過去一周下跌了 20%，交易價格約為 30.36 美元。截至週五，該山寨幣的完全稀釋估值 (FDV) 為 9.48 億美元，每日交易量為 2,340 萬美元。

The Chia project has diversified its operations into emerging markets, such as the Decentralized Physical Infrastructure Network (DePIN). Moreover, there is growing interest among institutional investors in the tokenization of real-world assets. Hoffman has revealed that Chia Network is developing a bridge to support USDC, a stablecoin backed by the US dollar and issued by Circle Internet Financial.

Chia 專案已將其業務多元化到新興市場，例如去中心化實體基礎設施網路（DePIN）。此外，機構投資者對現實世界資產的代幣化也越來越感興趣。 Hoffman 透露，Chia Network 正在開發一座支援 USDC 的橋樑，USDC 是一種由美元支援、由 Circle Internet Financial 發行的穩定幣。

Regulatory Landscape and Crypto Market Outlook

監管環境和加密貨幣市場前景

The cryptocurrency market in the United States has witnessed significant growth following the approval of spot Bitcoin exchange-traded funds (ETFs). The SEC is facing pressure to approve spot Ethereum ETFs by next month.

在現貨比特幣交易所交易基金（ETF）獲得批准後，美國的加密貨幣市場出現了顯著成長。美國證券交易委員會面臨下個月批准現貨以太坊 ETF 的壓力。

However, the agency maintains that Ethereum and most altcoins meet the criteria for investment contracts under the Howey test and, therefore, fall under securities law. Meanwhile, the US Congress is working to enact comprehensive crypto regulations before the upcoming general elections.

然而，該機構堅稱以太坊和大多數山寨幣符合豪伊測試下的投資合約標準，因此屬於證券法的管轄範圍。與此同時，美國國會正在努力在即將到來的大選之前製定全面的加密貨幣法規。

The Chia Network's IPO bid is not only a reflection of the company's ambitions but also a testament to the evolving regulatory landscape of the cryptocurrency industry. As the SEC continues to grapple with the classification of digital assets, the fate of many crypto projects, including Chia Network, will depend on the outcome of these ongoing discussions.

Chia Network 的 IPO 投標不僅反映了該公司的雄心，也證明了加密貨幣行業不斷變化的監管環境。隨著 SEC 繼續努力解決數位資產的分類問題，包括 Chia Network 在內的許多加密項目的命運將取決於這些正在進行的討論的結果。