tiprankstipranks
Trending News
More News >

Elate Holdings Ventures into Web3 with New Crypto Partnership

Story Highlights
  • Elate Holdings’ subsidiary partners with Goldpay to issue utility crypto tokens.
  • The partnership focuses on blockchain and utility tokens, with uncertain financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elate Holdings Ventures into Web3 with New Crypto Partnership

Confident Investing Starts Here:

The latest announcement is out from Elate Holdings Limited ( (HK:0076) ).

Elate Holdings Limited announced a new business partnership between its subsidiary, Elate Graphite Limited, and Goldpay Limited to issue utility crypto tokens for companies with specific needs. This collaboration marks a strategic move into the web3 space, focusing on blockchain technology and utility tokens, although the future financial impact on the company remains uncertain.

More about Elate Holdings Limited

Elate Holdings Limited is a company incorporated in Hong Kong with limited liability, primarily involved in business development initiatives. Its subsidiary, Elate Graphite Limited, focuses on blockchain-related technical consultancy.

Average Trading Volume: 2,390,779

Technical Sentiment Signal: Hold

Current Market Cap: HK$125.7M

For an in-depth examination of 0076 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1