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Lokotech Nears Completion of Scrypt ASIC Project

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Lokotech Nears Completion of Scrypt ASIC Project

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Harmonychain AS ( (DE:7EW) ) just unveiled an update.

Lokotech, a company involved in the development of Scrypt ASIC technology, has announced that its commercial scale Scrypt ASIC project is nearing completion, with the final tape-out stages underway. The company expects to complete the tape-out by August 7, 2025, with first deliveries of hash blades and industrial-scale miners projected for early Q4 2025. The announcement indicates confidence in meeting the timeline, with only minor potential schedule variances anticipated, reflecting positively on Lokotech’s operational capabilities and market readiness.

More about Harmonychain AS

YTD Price Performance: -34.22%

Average Trading Volume: 5,484,525

Current Market Cap: NOK406.4M

See more data about 7EW stock on TipRanks’ Stock Analysis page.

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