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Virtual Mind Signs MOU for Strategic Investment in HSC Digital’s Licensed Digital Asset Platform

Story Highlights
  • Virtual Mind agrees a non-binding deal to invest in HSC Digital, gaining exposure to licensed infrastructure for gold-backed stablecoins, cross-border settlement and real-world asset tokenization.
  • The MOU, which gives Virtual Mind priority for further investment, is seen as a key milestone to expand its AI and Web3-enabled ecosystem and potentially create new growth drivers for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Virtual Mind Signs MOU for Strategic Investment in HSC Digital’s Licensed Digital Asset Platform

Meet Samuel – Your Personal Investing Prophet

Virtual Mind Holding Company Limited ( (HK:1520) ) just unveiled an update.

Virtual Mind Holding Company Limited has signed a memorandum of understanding to make an initial investment in HSC Digital, a firm founded by Vadim Krekotin to develop licensed infrastructure for cross-border settlement, gold-backed stablecoin issuance, asset custody and tokenization of real-world assets. Subject to due diligence and formal agreements, the deal positions Virtual Mind to form a long-term strategic partnership in licensed digital asset infrastructure, which the board views as a key milestone to boost competitiveness, create new growth drivers and potentially reshape its role in the AI and Web3-enabled consumption ecosystem.

The non-binding memorandum grants Virtual Mind priority for further investment in HSC Digital, aligning the company with a specialist platform that bridges China with the Middle East and North Africa in investment and technology transfer. If finalized, the transaction may qualify as a notifiable deal under Hong Kong listing rules, signaling a shift toward regulated digital asset services that could broaden the group’s revenue base and enhance value for shareholders over the longer term.

More about Virtual Mind Holding Company Limited

Virtual Mind Holding Company Limited is a Hong Kong-listed company that is expanding beyond its traditional operations to build a smart new consumption ecosystem spanning sports, cultural tourism, entertainment and related sectors. The group is actively pursuing integration with emerging technologies such as artificial intelligence and Web3 to enhance its offerings and competitiveness in the digital economy.

Average Trading Volume: 2,052,101

Technical Sentiment Signal: Sell

Current Market Cap: HK$656.8M

See more data about 1520 stock on TipRanks’ Stock Analysis page.

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