DayOne plans dual IPO in Singapore and US with potential $20 billion valuation
Crypto Briefing
Data center firm DayOne is seeking a dual listing in the US and Singapore, potentially valuing the company at $20 billion.Summary
DayOne Data Centers, formerly GDS International, is planning a dual IPO in Singapore and the US, aiming for a $20 billion valuation. The company, which recently raised $1.9 billion from major investors like SoftBank and Citadel’s Ken Griffin, operates critical infrastructure across Asia and Europe. This move targets proximity to Southeast Asian capital while leveraging US equity markets, with the company's regional footprint strategically supporting growing digital asset infrastructure demands.
(Source：Crypto Briefing)