Mega, a predecessor to Kim Dotcom’s controversial file sharing service, MegaUpload announced on Tuesday that he is planning to list on the New Zealand Stock Market. According to the New York Times, documents are being filed in NZX stock exchange value mega at around $180 million.

Mega not only offers encrypted file storage, but also browser-based, encrypted communications similar to Dropbox and Skype.

The service has become popular in leu of the heightened concerns around online privacy.  When it exited beta in November 2013, less than a year after its launch Mega has about 5 million users a midst the controversy the company is still facing up to this day.

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