Woofun AI reports that the U.S. Securities and Exchange Commission has declared Ionic Digital’s registration statement effective. The Bitcoin mining firm is scheduled to commence trading on the Nasdaq Global Select Market on July 28, 2026, under the ticker symbol "IOND".

The company will utilize a direct listing mechanism rather than a traditional initial public offering. Consequently, Ionic Digital will not issue new equity or raise capital. Instead, the process allows existing registered shareholders to sell their holdings directly on the open market. This structure provides a liquidity outlet for current investors, including those who obtained shares through the bankruptcy restructuring of Celsius Network.