Tiger Brokers, an online brokerage service backed by Xiaomi, has filed for a $150m initial public offering on Nasdaq.
Tiger Brokers, a China-based online brokerage backed by consumer electronics company Xiaomi, filed for a $150m initial public offering on Friday.
The company will list on the Nasdaq stock exchange by issuing American Depositary Shares.
Tiger Brokers, incorporated as Up Fintech Holding, operates an online brokerage platform for Chinese investors to trade equities, options, warrants and futures in mainland China, Hong Kong and the US.
The company processed $119bn in trading volume in 2018 and held 502,000 customer accounts by…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
