According to CoinMeta, NVIDIA's British cloud service provider nscale, which has received investment from NVIDIA, has submitted a registration statement to the US Securities and Exchange Commission (SEC), intending to list on the New York Stock Exchange (NYSE). The company aims to seek a valuation of up to $35 billion. nscale was spun off from a cryptocurrency mining company in 2024; NVIDIA is one of its suppliers, customers, and investors, having invested over $2 billion and signed a lease agreement for 1.2 billion dollars' worth of capacity.