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IVD Medical Advances US Strategy with New Subsidiary and Stablecoin License Application

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IVD Medical Advances US Strategy with New Subsidiary and Stablecoin License Application

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IVD Medical Holding Limited ( (HK:1931) ) has issued an update.

IVD Medical Holding Limited has announced significant progress in its strategic initiatives, including the establishment of a wholly-owned subsidiary in New York and the launch of a US stablecoin license application. These developments are part of the company’s broader strategy to implement the IVDNewCo Exchange Ecosystem, which aims to tokenize real-world medical assets and create a compliant financial infrastructure for stablecoin issuance and trading. The recent signing of the Genius Act by the US President and the introduction of Hong Kong’s Stablecoins Ordinance are expected to accelerate the development of the global stablecoin market, potentially benefiting IVD Medical’s operations and positioning in the industry.

More about IVD Medical Holding Limited

IVD Medical Holding Limited operates in the medical industry, focusing on high-tech medical innovative drug assets. The company is actively engaged in constructing a Web3 Exchange Ecosystem, known as IVDNewCo Exchange, which integrates Web3 technology to enhance the liquidity and financing efficiency of global medical innovative drug assets.

Average Trading Volume: 286,962

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.78B

For detailed information about 1931 stock, go to TipRanks’ Stock Analysis page.

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