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Fourth Paradigm Forms Joint Venture to Enhance Stablecoin Market Presence

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Fourth Paradigm Forms Joint Venture to Enhance Stablecoin Market Presence

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Beijing Fourth Paradigm Technology Co. Ltd. Class H ( (HK:6682) ) has issued an announcement.

Beijing Fourth Paradigm Technology Co., Ltd. has announced the formation of a joint venture with 9M Technologies Limited, named Para-tech Limited, to focus on financial technology services, particularly in the stablecoin market. This strategic partnership aims to leverage Fourth Paradigm’s AI expertise and 9M Technologies’ fixed income sector knowledge to develop solutions that meet regulatory requirements, promote industry standardization, and support strategic initiatives like the Digital RMB, thereby strengthening the company’s position in the financial technology landscape.

More about Beijing Fourth Paradigm Technology Co. Ltd. Class H

Beijing Fourth Paradigm Technology Co., Ltd. operates in the financial technology industry, focusing on integrating artificial intelligence technologies with financial services. The company aims to enhance the financial sector’s capabilities through innovative AI applications and solutions.

Average Trading Volume: 5,896,691

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$27.79B

For a thorough assessment of 6682 stock, go to TipRanks’ Stock Analysis page.

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