<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvOTAzMjhmNDEtMjMwZC00MzVkLWI0OTgtZmI1ZmE5NWM4NjljLmpwZw==.jpg"></p><p>Cipher’s initial public offering was in 2021. Its current market cap is more than $2 billion.</p>