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EDA Group Holdings Limited ( (HK:2505) ) has provided an announcement.
EDA Group Holdings Limited has announced a plan to invest up to $5 million in cryptocurrency acquisitions as part of its AI and blockchain business development strategy. The company has partnered with OKLink Trust to ensure secure and compliant asset acquisition and custody. This initiative is part of a broader strategy to enhance its cross-border e-commerce logistics services, aiming to create a transparent and efficient global supply chain network. The investment is seen as a long-term strategy to mitigate market fluctuations and reduce risks, with a specialized department established to manage and supervise the virtual asset business.
More about EDA Group Holdings Limited
EDA Group Holdings Limited operates in the cross-border e-commerce logistics industry, focusing on leveraging AI and blockchain technology to enhance its services. The company aims to build a ‘Chain-based Warehouse Network’ ecosystem, promoting transparency and efficiency in global supply chains, and providing integrated fintech services for small and medium-sized e-commerce enterprises.
YTD Price Performance: 19.83%
Average Trading Volume: 646,385
Technical Sentiment Consensus Rating: Strong Buy
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