Hello World! We are Canaan.

Yes, Canaan is being acquired. We are committed to bringing your more innovations…


Hello World! We are Canaan. Yes, it is true. Canaan is being acquired by LYT, an electronics company. This deal is a vote of confidence in the three years of products and services we invented and released. This acquisition and investment provides us the necessary resources and autonomy to make even better products and innovations that our customers expect. Canaan’s expertise as an integrated circuit (IC) design company is strengthened.

These are big times for the blockchain, technology and innovation in the world. Amazingly, Canaan is based in Beijing, not Silicon Valley. We are a growing team of 100 working hard to bring great products and services to support people. We, like many of you, believe strongly in Open Source, the Decentralized Web, trying new things, building our families, eating good food, being healthy and making the world a better place.

I am N.G. Zhang, pronounced EN-GEE-JON-G, the founder and CEO of Canaan Creative. I am known for my fun technology projects which eventually led to making the repetition ASIC chips, blockchain hardware computers all the way up to our successful Avalon6 product. And, we are not finished! We have new products and innovations coming, deeper than integrated circuits and beyond the blockchain.

Do you have any questions about Canaan? Are you interested in writing a story about the Avalon product line? This is an invitation to journalists, technologists and enthusiasts to please write to us at love@canaan.io. Also, keep reading here for the latest updates, and follow us on twitter. Let’s work together to Grow the Blockchain.