Bitnine Promoting a First IPO in the Graph Database Industry This Year

SEOUL, South Korea–(BUSINESS WIRE)–Bitnine Global Inc., a graph database R&D company, is set to make an initial public offering. This is the world’s first IPO for graph database vendors.

In December last year, Bitnine successfully passed the technology evaluation of the KOSDAQ market, famous for its strictness, by earning the highest rating, proving its technical capability and commercial potential. In 2020, a number of businesses specializing in artificial intelligence and related technology went public on KOSDAQ. It bodes well for Bitnine as it is also an AI-related company. With the underwriters, Bitnine has now entered a growth path by joining the tech-heavy market.

Founded in 2013, Bitnine is a company specializing…