China Financial Leasing Group, a company cited on the Hong Kong Stock Exchange, has announced plans to raise funds to fund the development of Bitcoin (BTC) and cryptocurrency investment platforms.
The company announced today October 6th. The goal is to raise $86.7 million from Hong Kong (equivalent to US$11.1 million), through the share placement.
In total, they will issue 69.38 million shares to Innoval Capital at $1.25 from Hong Kong per share, as highlighted in the previous presentation of the country’s bag.
Similarly, the company’s board of directors showed it They will be used to invest in Ethereum’s native cryptocurrencies, Exchange, Stubcoin, Bitcoin and Etashare (ETH). Additionally, it includes actual global asset acquisition (RWA), ineffective tokens (NFT), distributed finance projects (DEFI), and distributed physical infrastructure platforms (DEPIN).
After the news is revealed, Stock market behavior shot 30% higher on Monday and closedas observed in the following graph:
In this way, Digital assets accumulation strategy expands to Hong KongThe market reaches $5241 million, equivalent to approximately US$6.45 billion. Hong Kong bags are classified as the sixth world’s largest world.
As reported by Cryptonotics, more and more companies are participating in the trend of institutional accumulation of digital assets, with the aim of incorporating them as part of the Treasury Department’s reserves.
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