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The latest announcement is out from Coolpad Group ( (HK:2369) ).
Coolpad Group Limited has announced a four-phase strategic plan to explore real world asset (RWA) tokenization, aiming to evaluate its feasibility, compliance, and commercial potential. The initiative involves engaging legal advisors for compliance, selecting technology partners, developing a technological platform, and conducting regulatory communication. This move could potentially position Coolpad at the forefront of integrating blockchain technology into asset management, impacting stakeholders by introducing new investment opportunities and enhancing asset liquidity.
More about Coolpad Group
Coolpad Group Limited is a company incorporated in the Cayman Islands, operating in the technology sector. The company, along with its subsidiaries, focuses on exploring innovative solutions such as real world asset (RWA) tokenization, which involves the digital representation of physical assets using blockchain technology.
YTD Price Performance: -50.81%
Average Trading Volume: 1,497,020
Technical Sentiment Signal: Sell
Current Market Cap: HK$481.3M
See more insights into 2369 stock on TipRanks’ Stock Analysis page.
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