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An update from Elate Holdings Limited ( (HK:0076) ) is now available.
Elate Holdings Limited has announced a new business partnership through its subsidiary, Elate Graphite Limited, with Goldpay Limited and Macau Lotus TV Media via Satellite, Ltd. This partnership involves Elate Graphite acting as a consultant while Goldpay issues utility tokens for use by Lotus TV’s users. These tokens can be used to redeem advertising time, sponsor a web3 program, and purchase goods. The company views the integration of AI and cryptocurrency as an inevitable trend, though the future financial impact of this venture remains uncertain.
More about Elate Holdings Limited
Elate Holdings Limited is a company incorporated in Hong Kong, operating in various sectors including artificial intelligence and blockchain technology. Its subsidiary, Elate Graphite Limited, focuses on consulting services related to technical issues of blockchain and application scenarios of utility tokens.
Average Trading Volume: 2,276,766
Technical Sentiment Signal: Sell
Current Market Cap: HK$101.8M
Learn more about 0076 stock on TipRanks’ Stock Analysis page.