Woofun AI reports that the U.S. Securities and Exchange Commission has approved the S-1 registration statement for Bitcoin mining firm Ionic Digital. The company will commence trading its Class A common stock on the Nasdaq Global Select Market on July 28 under the ticker "IOND". This transaction constitutes a direct listing, meaning the company will not issue new shares or receive proceeds from registered shareholders. Ionic Digital describes its operations as providing digital infrastructure and data center solutions for AI and high-performance computing.