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Dmall Inc. ( (HK:2586) ) has issued an announcement.
Dmall Inc. has announced its acquisition of Bitcoin and plans to apply for a stablecoin license, aligning with the Hong Kong Government’s push for Web3 industry development. The company has partnered with HashKey Group to enhance digital asset trading and blockchain technology, aiming to improve payment efficiency and reduce costs for retail customers. This move positions Dmall Inc. to capitalize on the growing cryptocurrency adoption and the favorable regulatory environment in Hong Kong, potentially boosting its market presence and operational efficiency.
The most recent analyst rating on (HK:2586) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on Dmall Inc. stock, see the HK:2586 Stock Forecast page.
More about Dmall Inc.
Dmall Inc. is a company incorporated in the British Virgin Islands, focusing on providing retail digital solutions in the PRC and globally. The company serves a large number of retail customers, offering services that enhance cross-border purchases and local retail payments.
Average Trading Volume: 3,930,065
For a thorough assessment of 2586 stock, go to TipRanks’ Stock Analysis page.