Benzinga | Feb 4, 2021 11:41AM EST

Ebang Shares Rise On Completing Chip Designing For High Tech Crypto Mining Machines

* Ebang International Holdings Inc. (NASDAQ: EBON) completed the chip designing for concurrent Litecoin (LTC) and Dogecoin (Doge) mining towards high-performance cryptocurrency mining machines.

* The blockchain technology company previously declared the launch of its cryptocurrency exchange in the first quarter of FY21.

* Price action: EBON shares are trading up 3.81% at $5.72 on the last check Thursday.