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International Business Digital Technology Secures Initial UAE Approval for Virtual Asset Operations

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International Business Digital Technology Secures Initial UAE Approval for Virtual Asset Operations

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An update from Vixtel Technologies Holdings Ltd. ( (HK:1782) ) is now available.

International Business Digital Technology Limited has received initial approval from the UAE’s Securities and Commodities Authority for licenses to conduct virtual asset brokerage, custodial, and platform operations. This milestone is pivotal for the company’s strategy to establish a digital financial ecosystem linking Asia and the Middle East. The approval highlights the company’s compliance and operational standards, offering strategic advantages in the UAE’s fintech market. The company plans to expand its digital asset services, including trading, custody, and cross-border solutions, while exploring tokenized assets and AI integration to enhance its service offerings and competitiveness in the global digital finance sector.

The most recent analyst rating on (HK:1782) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Vixtel Technologies Holdings Ltd. stock, see the HK:1782 Stock Forecast page.

More about Vixtel Technologies Holdings Ltd.

International Business Digital Technology Limited operates in the digital financial services industry, focusing on virtual asset brokerage, custodial activities, and platform operations. The company is strategically positioned to connect Asia and the Middle East, with a significant presence in Hong Kong and the UAE.

Average Trading Volume: 507,908

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.79B

For detailed information about 1782 stock, go to TipRanks’ Stock Analysis page.

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