PANews reported on August 19th that crypto influencer @_FORAB revealed that a second- or third-tier exchange (pictured as LBank) has launched a US IPO plan, offering 250 shares of stock to invited employees and requiring them to register their passports and ID information. However, due to regulatory reasons, employees with mainland Chinese passports are unable to participate in the stock incentive. This restriction is consistent with the requirements of another cryptocurrency company planning a US IPO, though the company has not disclosed any details about the other company.